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COMPANY PROFILE

Fluent Commerce

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Omni-channel retailers with smart technology

Sydney, AustraliaFounded 2015Other B2B Software
Valuation $100–250M Last recorded · 2026
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Fluent Commerce and the history behind them.

About Fluent Commerce

Fluent Commerce, established in 2013 by co-founder and current Chief Technology Officer, Dale Leggo, operates as a specialized provider of cloud-native distributed order management (OMS) software. The company's platform, Fluent Order Management, is engineered to assist retail and direct-to-consumer brands in managing the complexities of modern commerce, particularly those with multiple inventory locations and diverse sales channels. Its core function is to optimize the entire order lifecycle, from initial capture to final fulfillment and returns, by providing a real-time, unified view of inventory across all locations, including stores, warehouses, and distribution centers. This enables businesses to implement sophisticated fulfillment strategies such as click-and-collect, ship-from-store, and efficient returns management, thereby enhancing customer experience and operational efficiency.

The business model is primarily B2B, targeting enterprise-level retail clients who require a flexible and scalable system to adapt to shifting consumer behaviors. Fluent Commerce generates revenue through a subscription-based model for its software-as-a-service (SaaS) platform. The system is designed to be highly configurable, allowing clients to tailor workflows and business logic to their specific operational needs without being locked into a rigid, monolithic architecture. This flexibility is a key differentiator, enabling rapid adaptation to market changes and the creation of distinct customer journeys. Significant milestones in the company's history include a substantial $33 million Series B funding round in 2019, which facilitated its expansion into North American and European markets. More recently, in 2021, Fluent Commerce was acquired by Mainsail Partners, a growth equity firm, to further accelerate its product development and global growth initiatives.

The platform serves a diverse clientele that includes major brands such as JD Sports, L'Oréal, and Prada Group, demonstrating its capability to handle high-volume, complex retail operations across various sectors. By providing the tools for real-time inventory visibility and intelligent order orchestration, Fluent Commerce positions itself as a critical component in the technology stack for modern retailers aiming to unify their digital and physical sales channels into a cohesive commerce engine.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
Sydney, Australia
Employees
102
Open positions
1
Dealroom signal
59.9/100
Industry
Enterprise Software
Sector
Other B2B Software, Delivery, Retail, Platform
Business model
SaaS
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Feb 2026 $33M $130M Bain Capital ↗
SERIES BOther financing Aug 2019 $22M $89M Arrowroot Capital —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Fluent Commerce website traffic

Latest recorded traffic for Fluent Commerce is 65K monthly website visits, up 35.4% over the last three months. Fluent Commerce's team declined 8.9% over the past year.

Latest monthly visits65K 3-month web change+35.4% 1-year team growth-8.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Macdoch Ventures

Series A1 investor entered at this stage

  • Arrowroot Capital

Series B and later1 investor entered at this stage

Team profiled 22 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
10 countries with
team presence
🇦🇺 Australia48.8%
🇺🇸 United States18.8%
🇫🇷 France12.5%
🇬🇧 United Kingdom7.5%
🇸🇬 Singapore3.8%
Top 5 of 10 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Fluent Commerce on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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