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BigCommerce (NASDAQ:CMRC)
Austin, US · Founded 2013 · 10 known investors
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BigCommerce is a cloud-based ecommerce platform that enables merchants and retailers to build and manage online stores. The company serves retailers of all sizes across 150+ countries.
Founders & leadership
BigCommerce (NASDAQ:CMRC) was founded in 2013 by Wadih Machaalani and Mitchell Harper.
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Wadih MachaalaniCo-founder
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Mitchell HarperCo-founder
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Robert AlvarezExecutiveRobert Alvarez previously served as an executive officer at BigCommerce, where he scaled the company from $7M ARR post-Series A to $331M and guided it through its IPO and subsequent growth rounds. He has over 25 years of experience with venture-backed startups, including leadership roles at four companies acquired by Intel, Dell, and RR Donnelley, and one that reached a $4B post-IPO valuation.
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Tim SchulzExecutiveTechnology executive with 15+ years of experience scaling software companies, including roles at Google where he built an $850M channel business, and at BigCommerce where he grew revenue from $35M to $100M in 18 months ahead of its $6B IPO. He has also held product leadership positions at VTEX and Weedmaps.
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Steven PowerExecutiveSteven Power held leadership roles across multiple technology and business services companies, including positions as Chief Commercial Officer at Catapult Sports (an ASX-listed athlete analytics firm), Global President at Deputy (a cloud workforce management platform), and President at BigCommerce (a SaaS ecommerce platform serving over 100,000 brands). He also founded ReachLocal Australia and held executive positions at Web.com, RollKall, and CommentSold.
Board
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Steven MurrayBoard director
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Kari RamanBoard director
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Stephen CaseBoard director
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Eric GrovesBoard director
Investors · 10
Floodgatelisted by FloodgateMenlo Park · $500K – $5M
How we know: Floodgate's portfolio page · the VCSheet dataset · Not right? Tell us
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General Catalystlisted by General CatalystSan Francisco · $30M
How we know: General Catalyst's portfolio page · offering press articles · press coverage · Not right? Tell us
Notable Capitallisted by Notable CapitalSilicon Valley · $5M – $50M
How we know: Notable Capital's portfolio page · offering press articles · the VCSheet dataset · Not right? Tell us
Tenaya Capitallisted by Tenaya CapitalPalo Alto · $5M – $10M
How we know: Tenaya Capital's portfolio page · offering press articles · press coverage · Not right? Tell us
GGV CapitalreportedMenlo Park
How we know: press coverage · Not right? Tell us
Goldman SachsreportedNew York
How we know: offering press articles · press coverage · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$158.7M disclosed across 4 rounds · 2014–2018
▶$64MraisedApr 2018 · 6 investors · Other TechnologyRule 506(b)
▶$64MraisedApr 2018 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
- Brent BellmDirector
- Russell KleinExecutive Officer
- Don ClarkeDirector
- Lawrence BohnDirector
- Jeff RichardsDirector
- Robert AlvarezExecutive Officer
- Lorrie NorringtonDirector
- Scott HilleboeDirector
- Offering amount
- $64M
- Amount sold
- $64M
- First sale
- Apr 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$39.4MraisedJun 2017 · 19 investors · Other TechnologyRule 506(b)
▶$39.4MraisedJun 2017 · 19 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Kabir MisraDirector
- Jeff RichardsDirector
- Russell KleinExecutive Officer
- Robert AlvarezExecutive Officer
- Scott HilleboeDirector
- Lawrence BohnDirector
- Don ClarkeDirector
- Brent BellmExecutive Officer, Director
- Jeffrey MengoliExecutive Officer
- Lorrie NorringtonDirector
- Offering amount
- $39.4M
- Amount sold
- $39.4M
- First sale
- Apr 2016
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$204.4KraisedMay 2015 · 16 investors · Other TechnologyRule 506(b)
▶$204.4KraisedMay 2015 · 16 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Robert AlvarezExecutive Officer
- Lawrence BohnDirector
- Steven MurrayDirector
- Lorrie NorringtonDirector
- Wadih MachaalaniDirector
- Tim SchulzExecutive Officer
- Mitchell HarperDirector
- Kari RamanDirector
- Stephen CaseDirector
- Offering amount
- $204.4K
- Amount sold
- $204.4K
- First sale
- Apr 2015
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$55MraisedDec 2014 · 12 investors · Other TechnologyRule 506(b)
▶$55MraisedDec 2014 · 12 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Steven PowerExecutive Officer
- Steven MurrayDirector
- Lawrence BohnDirector
- Mitchell HarperDirector
- Robert AlvarezExecutive Officer
- Eric GrovesDirector
- Wadih MachaalaniExecutive Officer, Director
- Stephen CaseDirector
- Offering amount
- $55M
- Amount sold
- $55M
- Proceeds to insiders
- $5M
- First sale
- Nov 2014
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 3
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StripeStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Companies working in the same space as BigCommerce (NASDAQ:CMRC).
In the news
Frequently asked questions
- What does BigCommerce (NASDAQ:CMRC) do?
- BigCommerce is a cloud-based ecommerce platform that enables merchants and retailers to build and manage online stores. The company serves retailers of all sizes across 150+ countries.
- Who founded BigCommerce (NASDAQ:CMRC)?
- BigCommerce (NASDAQ:CMRC) was founded by Wadih Machaalani, Mitchell Harper in 2013.
- Who are BigCommerce (NASDAQ:CMRC)'s investors?
- BigCommerce (NASDAQ:CMRC)'s investors include Floodgate, General Catalyst, Millennium New Horizons, Millennium Technology Value Partners, Notable Capital, Revolution, Tenaya Capital, GGV Capital and 2 more.
- How much funding has BigCommerce (NASDAQ:CMRC) raised?
- BigCommerce (NASDAQ:CMRC) has disclosed $158.7M raised across 4 rounds.
- Where is BigCommerce (NASDAQ:CMRC) headquartered?
- BigCommerce (NASDAQ:CMRC) is headquartered in Austin, US.