# Ecwid

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

- Industry: Internet
- Headquarters: Encinitas, US
- Website: www.ecwid.com
- Total disclosed funding: $6.5M
- Latest round: Series B (May 28, 2014)
- Investors on record: 2

## About

Founded in 2009 by CEO Ruslan Fazlyev and based in California, US, Ecwid, Inc. operates as a provider of e-commerce software for small businesses to set up an online store via a website or a mobile application. The company's software can also be integrated into an existing e-commerce platform. Ecwid provides over 70 payment gateways across 175 countries and 50 languages. As of 2021, the company serves over 130,000 customers in over 100 countries. In 2021, Lightspeed POS Inc. acquired Ecwid Inc. for USD 500 million. As of 2021, the company employs over 250 employees globally. 

Ecwid provides an online platform for small business merchants to set their e-commerce and sell online. The company enables the businesses to set up their Ecwid online store and sync and sell across a website, social media, and marketplaces like Amazon. Ecwid also provides marketing tools such as Google and Facebook advertising, a dashboard with centralized inventory, order management, and pricing, as well as international payment tools. Additionally, the company also provides POS systems such as Square, Clover, Vend, and Alice. 

Ecwid generates revenue through its pricing model charged at INR 700 per month for professional features, INR 1500 per month for advanced e-commerce solutions, and INR 5000 per month for unlimited features. For the year ended 31st March 2021, the company generated revenue of over USD 20 million.

## Funding rounds

- Series B, May 28, 2014, $5M — Runa Capital, iTech Capital
- Series A, Dec 14, 2011, $1.5M — Runa Capital

## Investors

- Runa Capital (https://capitalatlas.ai/funds/runa-capital) — Series A, Series B
- iTech Capital (https://capitalatlas.ai/funds/itech-capital) — Series B