Last deal

$107.33M
Local Amount - EUR 119M

Amount

Series C

Stage

14.09.2021

Date

3

all rounds

$275.01M

Total amount

date founded

Financing round

General

About Company
commercetools offers a cloud commerce platform for digital businesses.

Industry

Sector :

Subsector :

Keywords :

Also Known As

commercetools AU Proprietary Limited

founded date

01.01.2006

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

commercetools is a leading software technology company that provides a cloud commerce platform for digital businesses. Their API approach allows retailers to create unique and engaging digital commerce experiences across various channels. With a componentized architecture, commercetools reduces development time and resources needed to migrate to modern commerce technology. Trusted by well-known brands like Bulls (ZEG), Carhartt WIP, and Cimpress, commercetools powers digital commerce businesses globally, including voice and IoT devices, chatbots, and social networks. They are recognized by industry leaders like Forrester, Gartner, and IDC and are backed by top technology investors Insight Partners and Accel.
Legal Names

Legal name

commercetools GmbH
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Number of Funding Rounds

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Money Raised

Their latest funding was raised on 14.09.2021. Their latest investor High-Tech Grunderfonds. Their latest round Series C

Date 
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Investors 
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Lead 
14.09.2021
3
$107.33M
Local Amount - EUR 119M
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Co-Investors
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4

Number of lead investors

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Acquisitions
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Acquiree Name 
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Frontastic acquired by commercetools

Frontastic acquired by commercetools

acquirer

commercetools
commercetools

date

19.11.2021

type

Acquisition
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People

Founders
2
Denis Werner
Denis Werner

Denis Werner

current job

commercetools
commercetools

organization founded

1

Denis Werner

Dirk Hoerig
Dirk Hoerig

Dirk Hoerig

Dirk Hoerig is responsible for the overall company vision and strategy pursuing the vision to replace traditional on-premise enterprise software with flexible, cloud-native solutions. He aims to help large retailers and brands to seamlessly connect with the "content world" with global eCommerce services and to develop global digital strategies beyond the traditional webshop. Dirk Hoerig has already led several internet companies from the seed phase into profitability. In 2001, even as a student of computer science, Dirk founded his first company for online shop development. Five years later, in 2006 he started commercetools. Ever since, commercetools runs hundreds of commerce sites for global players such as Cimpress (Tradeprint, Vistaprint), Hasbro, Audi or Rewe.

current job

commercetools
commercetools

organization founded

2

Dirk Hoerig

Employee Profiles
8
Neerav Shah

Neerav Shah

VP EMEA

Dirk Weckerlei

Dirk Weckerlei

VP Global Partner Management

Kelly Goetsch

Kelly Goetsch

Chief Product Officer

Arthur Lawida

Arthur Lawida

President, commercetools US

Dirk Hoerig

Dirk Hoerig

CEO and Co-Founder

Denis Werner

Denis Werner

COO and Co-Founder

Activity

Recent News
18
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

week