# CloudCommerce

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cloudcommerce

- Industry: Internet
- Headquarters: Bangkok, Thailand
- Website: www.cloudcommerce.co
- Total disclosed funding: $0.8M
- Latest round: Seed (Jun 24, 2019)
- Investors on record: 4

## About

CloudCommerce is a global e-commerce distribution platform that specializes in influencer commerce, connecting brands with a network of over 100,000 influencers to enhance their market outreach.Founded in 2016 and headquartered in Bangkok, Thailand, CloudCommerce operates as an e-commerce distribution platform focusing on influencer marketing. The company was established without any noted pivots or changes in business operations. The CEO, Jerry Hug, has a history in the tech industry, although further details on his previous ventures are not provided. CloudCommerce has engaged in a total of 2 deals, with the most recent funding round being a Seed round of USD 0.50 million on June 24, 2019, led by Expara with participation from 500 Global, Chulalongkorn Venture, and Intania Open Innovation Club. This funding round constitutes the entirety of the total USD 0.50 million raised to date.CloudCommerce functions as an e-commerce distribution platform, enabling logistics for businesses that utilize influencer marketing. It connects brands with over 100,000 key opinion leaders across platforms like Instagram, TikTok, and Facebook, assisting clients in both B2B and D2C avenues. Services include logistics management and influencer marketing, tailored to clients’ specific needs, allowing brands to effectively engage their target audience and enhance their distribution strategies.In 2022, CloudCommerce reported a revenue of USD 2,828,039.20 and an EBITDA of USD 67,266.40. The company generates revenue through a mix of subscription services and partnerships, facilitating logistics and influencer networks for its clients.CloudCommerce aims to expand its product offerings and is currently in the process of developing new tools designed to enhance its influencer marketing capabilities, with plans for release by the end of 2024. The company is also targeting expansions into Southeast Asian markets, including Vietnam and Malaysia, projected for mid-2025. The recent Seed funding of USD 0.50 million will be utilized to support these growth initiatives, particularly in product development and market entry strategies.

## Funding rounds

- Seed, Jun 24, 2019, $0.5M — Expara, 500 Global, Chulalongkorn Venture, Intania Open Innovation Club
- Seed, Jun 1, 2016, $0.3M — 500 Global, Intania Open Innovation Club

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Intania Open Innovation Club — Seed
- Expara (https://capitalatlas.ai/funds/expara) — Seed
- Chulalongkorn Venture — Seed