# GCommerce

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

- Industry: Software
- Headquarters: Des Moines, US
- Website: www.gcommerceinc.com
- Total disclosed funding: $1.5M
- Latest round: Series E (Oct 28, 2008)
- Investors on record: 4

## About

GCommerce, Inc. is a technology company providing innovative supply chain solutions, focusing primarily on enhancing operational efficiency for retailers and suppliers in the automotive aftermarket sector.Founded in 2000 and headquartered in Des Moines, US, GCommerce, Inc. specializes in supply chain management solutions. In July 2022, the company was acquired by SPS Commerce, Inc. for USD 45.00 mn, marking a strategic expansion in SPS's service offerings. The founder has a history of entrepreneurship, contributing to the growth of technology solutions in the retail sector.GCommerce, Inc. offers a variety of cloud-based solutions that streamline supply chain operations, particularly for the automotive aftermarket industry. Their key products include Fulfillment, Assortment, Supply Chain Performance Suite, Revenue Recovery, and Analytics. These services enhance the order cycle, facilitate electronic data interchange (EDI), and improve communication across the supply chain, catering to over 500 clients, including major automotive manufacturers and distributors.GCommerce, Inc. generates revenue primarily through subscription-based services, allowing clients to access their suite of solutions. The company's partnerships with businesses across retail, distribution, and e-commerce sectors enable B2B transactions that leverage their Fulfillment and Analytics tools. Their customer base contributes significantly to revenue through subscription fees and usage of GCommerce’s services, supporting continued operational growth.Following its acquisition in July 2022, GCommerce, Inc. plans to utilize the USD 45.00 mn received from SPS Commerce to enhance product offerings and expand into new geographic markets. The focus will be on developing innovative solutions tailored to the evolving needs of retailers and suppliers in North America, Europe, and Asia. The company aims to launch new products that improve supply chain efficiencies by the end of 2023, reinforcing its commitment to evolving industry demands.

## Funding rounds

- Series E, Oct 28, 2008, $1.5M — Acuity Ventures, Ulu Ventures, Grinnell College, Bridgepoint Merchant Banking

## Investors

- Acuity Ventures (https://capitalatlas.ai/funds/acuity-ventures) — Series E
- Ulu Ventures (https://capitalatlas.ai/funds/ulu-ventures) — Series E
- Grinnell College — Series E
- Bridgepoint Merchant Banking — Series E