COMPANY PROFILE

commercetools

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Cloud-based e-commerce software focused on APIs and micro services for real omnichannel customer experiences

Munich, GermanyFounded 2006Marketing

Valuation $1–2.5B Last recorded · 2021

Revenue $100–500M Latest reported FY

Headcount 500–1k Current team size

Total funding $100–500M Disclosed equity funding

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About commercetools

Commercetools is a technology company that specializes in providing a cloud-based platform for eCommerce businesses. The company operates in the digital commerce market, offering tools that help businesses create and manage their online stores. Commercetools serves a wide range of clients, from small startups to large enterprises, across various industries including retail, fashion, and consumer goods.

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The core of commercetools' business is its API-first approach, which means that its platform is built around Application Programming Interfaces (APIs). This allows businesses to easily integrate commercetools' services with their existing systems. The platform supports various modern technologies such as GraphQL, SCALA, and REST API, making it highly flexible and scalable. Additionally, commercetools leverages cloud computing to ensure that its services are reliable and can handle large volumes of traffic.

Commercetools makes money through a subscription-based business model. Clients pay a recurring fee to access the platform's features and services. This model provides a steady stream of revenue and allows the company to invest in continuous improvements and new features. The company also offers premium features and custom solutions, which can generate additional revenue.

In summary, commercetools is a leading provider of cloud-based eCommerce solutions, helping businesses of all sizes to build and manage their online stores efficiently. Its API-first approach and use of modern technologies make it a flexible and scalable solution for digital commerce.

Source: Dealroom company data