Tech Company Financing Transactions
CommerceIQ Funding Round
CommerceIQ, based in Palo Alto, secured $60 million from Insight Venture Partners, Madrona Venture Group and Shasta Ventures.
Transaction Overview
Company Name
Announced On
6/23/2021
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series C
Investors
Insight Venture Partners (Lead Investor) (Nikitas Koutoupes)
Proceeds Purpose
The company intends to use the funds for international expansion and product research and development focused on further maximizing brand revenue and profitability on Amazon, Walmart, Instacart, Target and other online marketplaces.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
2100 Geng Rd. 210
Palo Alto, CA 94303
USA
Palo Alto, CA 94303
USA
Phone
Website
Email Address
Not Recorded
Overview
CommerceIQ is the leader in E-commerce Channel Optimization (ECO), the practice of using machine learning, analytics and automations to optimize the e-commerce channel across supply chain, marketing and sales operations to win at the moment of purchase and drive profitable market share growth.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Guru Hariharan
Chief Marketing Officer
Frances Zelazny
Chief Operating Officer
Piyush Lumba
VP - Customer Service
Jonathan Young
VP - Engineering
Prasun Kumar
VP - Finance
Adrian Seet
VP - Human Resources
Jyoti Gouri
VP - Product Management
Suryadeep Agrawal
VP - Product Management
Himanshu Jain
VP - Sales
Douglas Bleszinski
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Where The Data Comes From
Our team works diligently to record every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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