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.

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