CommerceIQ becomes the 12th unicorn of 2022

• Another Indian startup CommerceIQ has become a unicorn company.

• CommerceIQ is a San Francisco-based e-commerce analytics platform that deals into softwares that help ecommerce retailers sell their products more conveniently on the ecommerce platforms.

• For the knowledge of our readers, unicorn startups are those startups that have a valuation above $1 billion.

• CommerceIQ has become a unicorn company by raising $115 Mn in the Series D funding round led by Softbank Vision Fund 2.

• Insight Partners, Trinity Ventures, Shasta Ventures, and Madrona Venture Group also participated in the round.

• The Saas startup has raised funding at the valuation of $1 billion.