Commercetools - About the company
Commercetools is an acquired company based in Munich (Germany), founded in 2006 by Denis Werner and Dirk Hoerig. It operates as a Provider of a platform for enterprise digital commerce and related services. Commercetools has raised $291M in funding from Accel and Insight Partners, with last known valuation of $1.9B. The company has 1532 active competitors, including 162 funded and 127 that have exited. Its top competitors include companies like Bazaarvoice, Pattern Com and AnyMind Group.
Sectors and market segments that Commercetools operate in
Commercetools serves in the Retail market segments.The primary business model of Commercetools are:Company Details
Provider of a platform for enterprise digital commerce and related services. The platform offers solutions for B2C, B2B, and B2X commerce, along with features like AI-driven shopping and agentic commerce. It provides tools for businesses, IT, e-commerce, and finance roles, supporting industries such as retail, fashion, food, telecom, automotive, and healthcare. The platform aims to unify touchpoints and drive revenue through various channels.
- Website
- commercetools.com
- Email ID
- *****@commercetools.com
- Phone Number
- +49 **********
- Registered Address
- Durham, North Carolina
Key Metrics
Founded Year
2006
Location
Munich, Germany
Stage
Acquired
Total Funding
$291M in 3 rounds
Latest Funding Round
Last Known Valuation
$1.9B as on Sep 13, 2021
Ranked
14th among 1532 active competitors
Annual Revenue
£15.4M as on Dec 31, 2024
Employee Count
609 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by REWE (Sep 19, 2014)
Legal entities associated with Commercetools
Commercetools is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
COMMERCETOOLS, INC. CIN: 474257858 , United States, Active | Dec 31, 1999 | - | 153 (As on Dec 31, 2024) | - |
Commercetools Gmbh CIN: HRB161496 , Germany, Active | Dec 31, 2005 | - | 70 (As on Dec 31, 2016) | |
COMMERCETOOLS GMBH CIN: T19UF2161F , Singapore, Active | Mar 24, 2019 | - | - | |
COMMERCETOOLS LTD CIN: 11760782 , United Kingdom, Active | Jan 09, 2019 | $19.6M (As on Dec 31, 2024) | 80 (As on Dec 31, 2024) |
Commercetools's acquisition details
Commercetools got acquired by REWE on Sep 19, 2014 at an acquisition amount of $7.89M.
Click here to take a look at Commercetools's acquisition in detail
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Commercetools's funding and investors
Commercetools has raised a total funding of $291M over 3 rounds. Its first funding round was on Oct 13, 2011. Its latest funding round was a Series C round on Sep 13, 2021 for $140M. 3 investors participated in its latest round. Commercetools has 11 institutional investors.
Here is the list of recent funding rounds of Commercetools:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 13, 2021 | $140M | Series C | $1.9B | - | ||
Oct 21, 2019 | $145M | Series B | - | - | - | |
Oct 13, 2011 | $4.93M | Series A | - | - | - |
View details of Commercetools's funding rounds and investors
Commercetools' founders and board of directors
Founder? Claim ProfileThe founders of Commercetools are Denis Werner and Dirk Hoerig. Dirk Hoerig is the CEO of Commercetools.
Here are the details of Commercetools' key team members:
- Denis Werner: Co-Founder of Commercetools. They serve on the board of 1 company.Contact Info: 1 email address
- Dirk Hoerig: Co-Founder & CEO of Commercetools. They serve on the board of 1 company.Contact Info: 1 email address
Commercetools' Board of Directors
Commercetools's board has 5 active members. Denis Werner, Dirk Hoerig, Udo Rauch and Michael Freund are part of team and Dr. Robert Zores is independent board member.Here is the list of Commercetools' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 19y 11m | |
Team | - | Current | 19y 11m | |
Team | - | Current | 9y 10m | |
Team | - | Current | 12y 8m | |
Independent board member | - | Current | 6y 0m |
View details of Commercetools's Founder profiles and Board Members
Commercetools' employee count trend
Commercetools has 609 employees as of Mar 26. Here is Commercetools's employee count trend over the years:
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Commercetools's Competitors and alternates
Top competitors of Commercetools include Bazaarvoice, Pattern Com and AnyMind Group. Here is the list of Top 10 competitors of Commercetools, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Bazaarvoice 2005, Austin (United States), Acquired | Provider of SaaS based marking solution | $20.4M | 74/100 | |
2nd | Pattern Com 2009, London (United Kingdom), Public | Provider of ecommerce services including marketplace growth, fulfillment, and software | $277M | 72/100 | |
3rd | AnyMind Group 2016, Singapore (Singapore), Public | Provider of e-commerce, marketing, and manufacturing platforms | $91.7M | 72/100 | |
4th | CommerceIQ 2012, Mountain View (United States), Series D | Provider of unified AI platform for retail ecommerce sales and optimization | $196M | 71/100 | |
5th | Cart.com 2020, Austin (United States), Series C | Provider of unified commerce and logistics solutions for business growth | $555M | 69/100 | |
6th | WooCommerce 2008, Cape Town (South Africa), Acquired | Developer of an open-source platform for customizable ecommerce solutions | - | 68/100 | |
7th | etaily 2020, Metro Manila (Philippines), Series A | Provider of software suite solutions for e-commerce businesses | $24M | 68/100 | |
8th | Platform offering software suite solutions for e-commerce and D2C brands | $70.5M | 68/100 | ||
9th | SaaS-based ERP solutions for e-commerce retailers | $225M | 68/100 | ||
10th | Spryker Systems 2014, Berlin (Germany), Series C | Proprietary e-commerce framework for creating an online store for e-tailers | $152M | 67/100 | |
14th | Commercetools 2006, Munich (Germany), Acquired | Provider of a platform for enterprise digital commerce and related services | $291M | 67/100 |
Looking for more details on Commercetools's competitors? Click here to see the top ones
Commercetools's Investments and acquisitions
Commercetools has acquired FRONTASTIC. Commercetools has not made any investments as of now.Reports related to Commercetools
Here is the latest report on Commercetools's sector:
News related to Commercetools
Media has covered Commercetools for a total of 10 events in the last 1 year, 5 of them have been about company updates and 2 about partnerships.
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Major leadership shakeup at commercetools as CEO Andrew Burton opts to leaveRetail Technology Innovation Hub•Oct 21, 2025•Commercetools
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Frasers Group partners with commercetools for agentic commerce suiteRetail Technology Innovation Hub•Oct 17, 2025•Frasers Group, Commercetools
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commercetools Earns 16 Gold Medals in 2025 Paradigm B2B Combine ReportsPR Newswire•Jul 16, 2025•Commercetools
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Alexandre Chaumien Joins Shopify as EMEA Enterprise Sales Director from commercetoolsRetail Technology Innovation Hub•Jun 27, 2025•Shopify, Commercetools
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Commercetools’ New Payment Hub Puts Enterprises in Charge of Payment Strategy and CostsFintech Finance•Mar 28, 2025•Commercetools
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Commercetools unveils Payment Hub for cost-effective payment controlThe Paypers•Mar 26, 2025•Commercetools
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