Commerce LLC

Commerce LLC is a public marketing technology company (CMRC) founded in 2015 and based in New York. It provides an e‑commerce platform and marketing suite for retailers and consumer brands, including order management and analytics.

Publicly traded (CMRC)

Website: https://www.commerce.com

Company Wiki

Commerce.com, Inc. (Nasdaq: CMRC) is a publicly traded ecommerce technology holding company headquartered in Austin, Texas, that operates an open, AI-driven commerce ecosystem. Formerly known as BigCommerce Holdings, Inc., it is the parent company of BigCommerce, Feedonomics, and Makeswift, offering SaaS-based platforms serving B2B, B2C, and small-business commerce use cases across more than 150 countries.

Key Facts

Overview

Commerce.com, Inc. (Nasdaq: CMRC) provides an open, AI-driven commerce ecosystem through three primary product brands: BigCommerce, a flexible open SaaS commerce engine; Feedonomics, an AI-powered product data optimization and syndication platform; and Makeswift, a visual editor for building and managing storefront and content experiences [1][2]. The company's SaaS platform enables merchants to orchestrate digital commerce experiences across both owned and third-party channels, supporting B2B, B2C, and small-business use cases [3]. Its integrated suite covers online store creation, catalog management, hosting, checkout, order management, SEO, marketing, security, and pre-built integrations for payments, shipping, and accounting services [4]. The company serves customers in the United States, Europe, the Middle East, Africa, and Asia Pacific [5].

History

BigCommerce was founded in Sydney, Australia, in August 2009 by Eddie Machaalani and Mitchell Harper, who built on experience from their prior company, Interspire, and its shopping cart software [6]. The company opened its first U.S. office in Austin, Texas, that same year [6]. It raised a $15 million Series A from General Catalyst in July 2011 [6], and in 2015 co-founders transitioned to non-executive roles when Brent Bellm, former COO of HomeAway, became CEO [6][7]. In 2015 BigCommerce also acquired Zing, a checkout and inventory software startup [6]. The company went public on Nasdaq on August 5, 2020 [6]. In July 2021, it acquired Feedonomics, a product feed management platform, for approximately $145 million, of which $80 million was paid at closing [8]. In February 2022 it acquired B2B Ninja, and in April 2022 acquired BundleB2B, deepening its B2B quoting capabilities [9]. By early 2024, BigCommerce completed the acquisition of Makeswift [9]. In October 2024 Travis Hess replaced Brent Bellm as CEO [6]. In 2025, the legal entity was renamed Commerce.com, Inc. and the Nasdaq ticker changed from BIGC to CMRC, effective August 1, 2025, unifying BigCommerce, Feedonomics, and Makeswift under the Commerce parent brand [10][11].

Market Position

Commerce.com positions its BigCommerce platform in the open SaaS ecommerce segment, targeting mid-market and enterprise B2B and B2C merchants globally [1]. For fiscal year 2025, the company reported total revenue of $342.3 million, up 3% versus fiscal year 2024, with an ARR of $359.1 million as of December 31, 2025 [12]. Gross merchandise volume (GMV) processed on the platform reached $31.7 billion for fiscal year 2025, up 12% year-over-year [12]. BigCommerce has been recognized as a Challenger in the Gartner Magic Quadrant for a fourth consecutive year, and was named a Strong Performer in both B2C and B2B commerce solutions by The Forrester Wave in 2020 and 2022 [13]. In the 2026 Paradigm B2B Combine, BigCommerce scored 24 out of 24 available medals across the Midmarket and Enterprise editions for the fourth consecutive year, including 10 gold medals in the Midmarket edition and 6 gold medals in the Enterprise edition [14]. Notable documented customers include Dell, Cole Haan, Skechers, Mizuno, Pacsun, Perry Ellis, and Harvey Nichols [15]. The platform also received the 2026 TrustRadius Top Rated Award in the ecommerce software category, with a trScore of 7.8 out of 10 from over 700 verified reviews [16].

Competition

Commerce.com's BigCommerce platform competes primarily in the ecommerce SaaS segment against Shopify Plus, Salesforce Commerce Cloud (formerly Demandware), Adobe Commerce (formerly Magento), and commercetools [17]. Independent analysis positions BigCommerce B2B Edition as strongest for mid-market B2B value, particularly for pure B2B businesses needing deep buyer portal features without the complexity of Adobe Commerce [17]. Shopify Plus is characterized as leading for speed to market and a unified B2B and DTC model, while Salesforce Commerce Cloud is considered optimal for enterprises already invested in the Salesforce ecosystem [17]. Commercetools is noted for offering the most architectural freedom but requiring the most custom development and the highest long-term ownership burden [17]. A documented limitation of BigCommerce relative to Shopify is its smaller app ecosystem, with some reviewers noting that third-party integrations for Shopify are often more mature than their BigCommerce equivalents [18]. BigCommerce's Catalyst headless storefront framework, built on Next.js with GraphQL and React, is noted as a differentiated path for brands wanting headless flexibility without platform lock-in [17].

Additional Links

Sources

  1. Commerce - Overview, News & Similar companies — ZoomInfo
  2. Commerce.com (CMRC) Company Profile & Description — Stock Analysis
  3. Frequently asked questions about Commerce — Commerce.com
  4. Commerce - Overview, News & Similar companies — ZoomInfo
  5. Commerce.com, Inc. (CMRC) Stock Price, News, Quote & History — Yahoo Finance
  6. BigCommerce — Wikipedia
  7. BigCommerce — Wikipedia
  8. BigCommerce makes first acquisition since going public — Ecommerce News Australia
  9. BigCommerce — Grokipedia
  10. Frequently asked questions about Commerce — Commerce.com
  11. Commerce.com, Inc. (CMRC) Stock Price, News, Quote & History — Yahoo Finance
  12. Commerce Announces Fourth Quarter and Fiscal Year 2025 Financial Results — Commerce Investor Relations
  13. Ecommerce Reports: Gartner, Forrester, Paradigm B2B & more — BigCommerce
  14. BigCommerce Powered by Commerce Scores 24/24 Total Medals in 2026 Paradigm B2B Combine — Commerce Investor Relations / GlobeNewswire
  15. Investor Relations | Commerce — Commerce Investor Relations
  16. BigCommerce Earns 2026 Top Rated Award From TrustRadius — Commerce Investor Relations / GlobeNewswire
  17. B2B Ecommerce Platform Comparison 2026 | Enterprise Guide — Elogic Commerce
  18. Shopify Plus vs Salesforce Commerce Cloud vs BigCommerce: Enterprise Platform Comparison 2026 — Contra Collective