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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.
Social
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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
Investors
Ranked
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)

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
-
-
-
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Commercetools' founders and board of directors

Founder? Claim Profile
The 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:

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

Commercetools' employee count trend

Commercetools has 609 employees as of Mar 26. Here is Commercetools's employee count trend over the years:
Employee count trend for Commercetools
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Bazaarvoice
Bazaarvoice
2005, Austin (United States), Acquired
Provider of SaaS based marking solution
$20.4M
74/100
2nd
Logo for Pattern Com
Pattern Com
2009, London (United Kingdom), Public
Provider of ecommerce services including marketplace growth, fulfillment, and software
$277M
72/100
3rd
Logo for AnyMind Group
AnyMind Group
2016, Singapore (Singapore), Public
Provider of e-commerce, marketing, and manufacturing platforms
$91.7M
72/100
4th
Logo for CommerceIQ
CommerceIQ
2012, Mountain View (United States), Series D
Provider of unified AI platform for retail ecommerce sales and optimization
$196M
71/100
5th
Logo for Cart.com
Cart.com
2020, Austin (United States), Series C
Provider of unified commerce and logistics solutions for business growth
$555M
69/100
6th
Logo for WooCommerce
WooCommerce
2008, Cape Town (South Africa), Acquired
Developer of an open-source platform for customizable ecommerce solutions
-
68/100
7th
Logo for etaily
etaily
2020, Metro Manila (Philippines), Series A
Provider of software suite solutions for e-commerce businesses
$24M
68/100
8th
Logo for GoKwik
GoKwik
2020, Delhi (India), Series B
Platform offering software suite solutions for e-commerce and D2C brands
$70.5M
68/100
9th
Logo for Jushuitan
Jushuitan
2014, Hangzhou (China), Public
SaaS-based ERP solutions for e-commerce retailers
$225M
68/100
10th
Logo for Spryker Systems
Spryker Systems
2014, Berlin (Germany), Series C
Proprietary e-commerce framework for creating an online store for e-tailers
$152M
67/100
14th
Logo for Commercetools
Commercetools
2006, Munich (Germany), Acquired
Provider of a platform for enterprise digital commerce and related services
$291M
67/100
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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

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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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FAQs about Commercetools

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