When was CommerceIQ founded?

CommerceIQ was founded in 2012 and became a unicorn in 2022, reaching the milestone in 10 years. It raised its 1st funding round 2 years after its incorporation.

Where is CommerceIQ located?

CommerceIQ is headquartered in Mountain View, United States. It is registered at FLAT NO 215 GREEN TOWERS PLOT 7C, SECTOR 23, DWARKA, South West Delhi, NEW DELHI, Delhi, India, 110077.

Who is the current CEO of CommerceIQ?

Guru Hariharan of CommerceIQ. They have also founded 1 company.

How many employees does CommerceIQ have?

As of Jul 31, 2025, CommerceIQ has 668 employees, reflecting a 8% year-over-year growth in headcount.

Is CommerceIQ a funded company?

CommerceIQ is a funded company, having raised a total of $196M across 4 funding rounds to date. The company's 1st funding round was a $8.5M Series A round, raised on Jul 16, 2014.

How much is CommerceIQ worth?

The latest valuation of CommerceIQ is $1B as of Mar 21, 2022.

When was the latest funding round of CommerceIQ?

CommerceIQ's latest funding was a $115M Series D round on Mar 21, 2022, with participation from 5 investors. Its primary sector is E-Commerce Enablers. In United States, the E-Commerce Enablers sector has seen $704M in funding in 2026 to date.

Is CommerceIQ a E-Commerce Enablers company?

The primary sectors of CommerceIQ are E-Commerce Enablers, Brands Tech, MarketingTech, B2B E-Commerce and Artificial Intelligence.

Where does CommerceIQ rank among its competitors?

CommerceIQ ranks 10th amongst 2900 active competitors, of which 411 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Squarespace, which secured $3M in Jan, 2025.

Who are the top competitors of CommerceIQ?

CommerceIQ's top competitors include Shopify, Squarespace and Klaviyo. Among them, Squarespace secured the most recent funding round in January, 2025.

CommerceIQ - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that CommerceIQ operate in

CommerceIQ serves in the Retail, Native AI market segments.The primary business model of CommerceIQ are:

Company Details

Provider of unified AI platform for retail ecommerce sales and optimization. The platform offers tools for digital shelf optimization, retail media management, and AI assistance. It unifies data across sales, media, and shelf, providing insights and automation. The platform aims to streamline workflows and drive optimization with AI agents. It offers features such as share of voice monitoring and cross-retailer insights.

Website: www.commerceiq.ai/
Social
Email ID: *****@commerceiq.ai
Registered Address: FLAT NO 215 GREEN TOWERS PLOT 7C, SECTOR 23, DWARKA, South West Delhi, NEW DELHI, Delhi, India, 110077

Key Metrics

Founded Year

2012

Location

Mountain View, United States

Stage

Series D

Total Funding

$196M in 4 rounds

Latest Funding Round

Series D, Mar 21, 2022, $115M

Post Money Valuation

$1B as on Mar 21, 2022

Investors

Insight Partners & 7 more

Ranked

10^th among 2900 active competitors

Employee Count

668 as on Jul 31, 2025

Investment & Acquisitions

e.fundamentals

Similar Companies

Shopify & 3983 more

View CommerceIQ's full profile

CommerceIQ is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BOOMERANG COMMERCE INDIA PRIVATE LIMITED CIN: U72900DL2013PTC258079 , India, Active	Sep 18, 2013	0 - ₹10 Cr (As on Mar 31, 2016)	397 (As on Aug 31, 2025)
RBOOMERANG RETAIL COMMERCE TECHNOLOGIES INDIA PRIVATE LIMITED CIN: U72200KA2014FTC073758 , India, Active	Feb 21, 2014	₹100 - ₹500 Cr (As on Mar 31, 2025)	267 (As on Aug 31, 2025)

CommerceIQ has raised a total funding of $196M over 4 rounds. Its first funding round was on Jul 16, 2014. Its latest funding round was a Series D round on Mar 21, 2022 for $115M. 5 investors participated in its latest round. CommerceIQ has 8 institutional investors.

Here is the list of recent funding rounds of CommerceIQ:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 21, 2022	$115M	Series D	$1B	-	SoftBank Vision Fund	Insight Partners, Trinity Ventures, Shasta Ventures, Madrona
Jun 22, 2021	$60M	Series C	-	-	Insight Partners	Trinity Ventures, Shasta Ventures, Madrona
Jan 14, 2016	$12M	Series B	-	-	Shasta Ventures	Madrona, Trinity Ventures

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View details of CommerceIQ's funding rounds and investors

The founders of CommerceIQ is Guru Hariharan. Guru Hariharan and Ash P are the CEOs of CommerceIQ.

Here are the details of CommerceIQ's key team members:

Guru Hariharan: Founder & CEO of CommerceIQ.
Contact Info: 1 email address

CommerceIQ's Board of Directors

CommerceIQ's board has 3 active members. Matteo Marchetta . is part of team and Jyoti Veerappa Gouri and Prasun Kumar Mandal are independent board members.

Here is the list of CommerceIQ's board of directors:

Name	Type	Representing	Status	Duration
Matteo Marchetta .	Team	-	Current	1y 2m
Jyoti Veerappa Gouri	Independent board member	-	Current	10y 8m
Prasun Kumar Mandal	Independent board member	-	Current	8y 3m

View details of CommerceIQ's Founder profiles and Board Members

CommerceIQ's employee count trend

CommerceIQ has 668 employees as of Jul 25. The total employee count is 8.0% more than what it was in Jul 24. Here is CommerceIQ's employee count trend over the years:

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Top competitors of CommerceIQ include Shopify, Squarespace and Klaviyo. Here is the list of Top 10 competitors of CommerceIQ, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Shopify 2006, Ottawa (Canada), Public	Provider of an all-in-one commerce platform for businesses of all sizes	$122M	Georgian, Insight Partners & 19 others	87/100
2nd	Squarespace 2003, United States, Acquired	Provider of tools for website creation, hosting, and online business	$591M	General Atlantic, T. Rowe Price & 20 others	83/100
3rd	Klaviyo 2012, Boston (United States), Public	SaaS-based e-mail marketing software solutions for e-commerce businesses	$778M	Astral Capital, Summit Partners & 24 others	81/100
4th	BigCommerce 2009, Austin (United States), Public	Provider of ecommerce platform and related services for online businesses	$233M	Goldman Sachs, Floodgate & 13 others	74/100
5th	ShopUp 2017, Dhaka (Bangladesh), Series B	Retailer of neighborhood shops and clothing	$198M	Valar Ventures, Flourish & 12 others	73/100
6th	Rokt Technologies 2012, United States, Series E	Personalized marketing tools for e-commerce businesses	$488M	TDM Growth Partners, Moelis & Company & 21 others	73/100
7th	aCommerce 2013, Bangkok (Thailand), Series C	Provider of end-to-end e-commerce solutions, encompassing management and business insights	$119M	Emerald Media, Sinar Mas & 17 others	73/100
8th	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Genesis Partners, Founder Collective & 21 others	73/100
9th	AnyMind Group 2016, Minato (Japan), Public	Provider of e-commerce, marketing, and manufacturing platforms	$91.7M	Nomura, Mirai Creation Fund & 15 others	72/100
10th	CommerceIQ 2012, Mountain View (United States), Series D	Provider of unified AI platform for retail ecommerce sales and optimization	$196M	Shasta Ventures, Insight Partners & 6 others	71/100