CommerceIQ Unicorn
CommerceIQ is a Retail AI / e-commerce management platform that uses machine learning and automation to help consumer brands (CPG manufacturers) optimize sales, advertising, and operations across online marketplaces such as Amazon, Walmart, Instacart and Target. The company began in 2012 as Boomerang Commerce, a dynamic pricing-optimization startup; after selling its Retail Analytics platform to Lowe's in 2019, it rebranded…
CommerceIQ: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 21 Mar 2022 | Series D | $115 Mn | SoftBank Vision Fund 2 Insight Partners Madrona Venture Group Shasta Ventures Trinity Ventures | source |
| 22 Jun 2021 | Series C | $60 Mn | Insight Partners Madrona Venture Group Shasta Ventures Trinity Ventures | source |
| 14 Jan 2016 | Series B | $12 Mn | Shasta Ventures Madrona Venture Group Trinity Ventures | source |
| 16 Jul 2014 | Series A | $8.5 Mn | Madrona Venture Group Trinity Ventures | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 19 Jul 2022 | CommerceIQ | e.fundamentals | Undisclosed | source |
Recent Signals
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Who founded CommerceIQ?
CommerceIQ was founded by Guru Hariharan, Himanshu Jain in 2012.
How much funding has CommerceIQ raised?
CommerceIQ has raised $195.5 Mn across 4 tracked funding round(s), most recently on 2022-03-21. Figures are compiled from cited public sources.
Who are the investors in CommerceIQ?
Investors in CommerceIQ include SoftBank Vision Fund 2, Insight Partners, Madrona Venture Group, Shasta Ventures, Trinity Ventures.
What does CommerceIQ do?
CommerceIQ is a Retail AI / e-commerce management platform that uses machine learning and automation to help consumer brands (CPG manufacturers) optimize sales, advertising, and operations across online marketplaces such as Amazon, Walmart, Instacart and Target. The company began in 2012 as Boomerang Commerce, a…
Where is CommerceIQ headquartered?
CommerceIQ is headquartered in Mountain View, California, India.
What is CommerceIQ's business model?
CommerceIQ's core value proposition centers on Machine-learning automation to grow marketplace sales and margins, Retail AI for CPG brands to scale retail operations and win the digital shelf.
How does CommerceIQ make money?
CommerceIQ's cited revenue streams include Enterprise subscription / contract revenue, Advertising Managed Service (paid retail-media service).