Commercetools

Cloud-based platform for eCommerce solutions

Munich, Bavaria, Germany

About Commercetools

Commercetools provides a cloud-based platform designed for eCommerce businesses, enabling them to create and manage online stores. The platform is built around an API-first approach, allowing easy integration with existing systems and supporting modern technologies like GraphQL, SCALA, and REST API. This flexibility and scalability make it suitable for a wide range of clients, from small startups to large enterprises in various industries such as retail and fashion. Commercetools operates on a subscription-based model, where clients pay a recurring fee for access to its features, which allows for continuous improvements and the addition of premium services. The company's goal is to empower businesses of all sizes to efficiently build and manage their online presence.

Munich, GermanyHeadquarters
2006Year Founded
$292.6MTotal Funding
SERIES_CCompany Stage
Consumer Software, Consumer GoodsIndustries
501-1,000Employees

Benefits

🩺 100% covered medical, dental & vision insurance
💰 401k with company match
☀️ Up to 60 days/year of remote work
💻 Open learning & development budget
🌴 Generous PTO, vacation, parental leave, holiday & etc

Risks

Rapid technological advancements in AI could outpace Commercetools' current offerings.
Dependency on third-party payment solutions poses risks if service disruptions occur.
Internal restructuring from new chief people officer may impact employee satisfaction.

Differentiation

Commercetools offers a cloud-native, component-based, tech-agnostic, composable platform for digital commerce.
The API-first approach allows seamless integration with existing systems and modern technologies.
Commercetools provides unlimited flexibility for brands to deliver scalable commerce experiences.

Upsides

Increased adoption of headless commerce drives demand for API-first platforms like Commercetools.
Partnerships with PayPal Braintree enhance value by offering seamless payment solutions.
The rise of composable commerce expands market share with modular, customizable solutions.

Funding

Total raised$292.60 M
Latest valuation$1.90 B
StageSERIES_C
$140
$1.90 B
LATE VC
9/30/2019
$143
$650.00 M
GROWTH EQUITY VC
8/31/2018
$17