CommerceIQ
Latest round
- Series D
Last raised
- Mar 2022
Total raised
- $221M
Investors
- 7
About CommerceIQ
Based in California, US, CommerceIQ, formerly known as Boomerang Commerce, was founded in 2012 by founder Guru Hariharan. The company is an algorithmic platform for consumer brands to grow their e-commerce business. In May 2019, Lowe’s Companies, Inc. acquired CommerceIQ, Inc. CommerceIQ integrates the disciplines of data science and machine learning into e-commerce, CommerceIQ's platform automates actions across sales, marketing, and operations, allowing merchants to double their effectiveness through automation and create sustainable development. The company's platform uses machine learning to perform sales performance root cause analyses, price war tracking, competitor insights, threat analytics, and automated campaign management. The company plans for international expansion and to further grow its product research and development.
Who invested in CommerceIQ
7 investors across 5 rounds
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Questions about CommerceIQ
Who invested in CommerceIQ?
CommerceIQ has 7 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has CommerceIQ raised?
CommerceIQ has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did CommerceIQ last raise money?
CommerceIQ's most recent round on record is a Series D, in Mar 2022.
What does CommerceIQ do?
Based in California, US, CommerceIQ, formerly known as Boomerang Commerce, was founded in 2012 by founder Guru Hariharan.
Where is CommerceIQ headquartered?
CommerceIQ is headquartered in Palo Alto, US.
Which VCs invest in companies like CommerceIQ?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at CommerceIQ's stage. Their profiles are linked below.
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