BigCommerce, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
BigCommerce, Inc. - overview
Established
2009
Location
Austin, TX, US
Primary Industry
Software
About
BigCommerce, Inc. is a robust eCommerce platform provider that empowers businesses to create and manage online stores efficiently, catering to both B2B and B2C markets with advanced features and customizable solutions. Founded in 2009 in Austin, US by Brian Roizen, Eddie Machaalani, Laila Lolita, and Mitchell Harper, BigCommerce specializes in eCommerce solutions. The company went public on August 4, 2020, raising USD 216.
46 mn in its IPO, selling 9. 019 million shares at USD 24 per share on the NASDAQ. The current CEO is Brent Bellm. BigCommerce is a leading provider of a comprehensive eCommerce platform designed to support both B2B and B2C businesses.
Their primary offerings include customizable storefront solutions, advanced B2B features, and multi-storefront capabilities, enabling users to manage multiple unique online stores from a single account. The platform features a user-friendly interface, robust integration options, and efficient scaling operations. Key functionalities include a one-page checkout experience, dynamic payment options via over 130 leading payment providers, and advanced tools for managing quoting and invoicing processes, tailored to B2B transactions. BigCommerce serves a diverse client base across various industries, including fashion, health and beauty, and manufacturing, with geographic reach spanning North America, Europe, Asia-Pacific, and beyond.
Their products empower businesses of all sizes to enhance online sales, optimize customer experiences, and streamline operations. For the most recent fiscal year, 2024, BigCommerce reported a revenue of USD 332. 93 mn and an EBITDA of USD 43. 90 mn.
The company operates on a subscription-based model with tiered pricing, which allows clients to select plans that align with their operational scale and eCommerce goals, ensuring long-term partnerships with various business sizes. BigCommerce is focused on launching new products designed to enhance customer engagement and streamline operations in the coming year. The firm is also targeting expansion into emerging markets in Europe and Asia by the end of 2025. The recent IPO funding of USD 216.
46 mn will be utilized to support these growth initiatives, including product development and market penetration strategies.
Current Investors
General Catalyst Partners, Granite Asia, Softbank Capital
Primary Industry
Software
Sub Industries
Web Development, Analytics & Performance Software, Application Integration Software, Content Management Software, Multimedia & Graphics, Sales & Marketing Software
Website
www.bigcommerce.com
Verticals
E-commerce
Company Stage
Mature
Total Amount Raised
Subscriber access only
BigCommerce, Inc. - timeline of key events
BigCommerce, Inc. - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 91,900,000 | 112,100,000 | 152,368,000 | 219,855,000 | 279,075,000 | - | - | - |
| % Revenue Growth (YoY) | - | 22.0% | 35.9% | 44.3% | 26.9% | - | - | - |
| EBITDA (USD) | (38,500,000) | (41,600,000) | (34,839,000) | (69,218,000) | (127,186,000) | - | - | - |
| Operating Income (USD) | (40,400,000) | (44,200,000) | (38,697,000) | (75,943,000) | (140,567,000) | - | - | - |
| Operating Margin | (44.0%) | (39.4%) | (25.4%) | (34.5%) | (50.4%) | - | - | - |
| % EBITDA Margin | (41.9%) | (37.1%) | (22.9%) | (31.5%) | (45.6%) | - | - | - |
| NET Income (USD) | (38,900,000) | (42,600,000) | (37,560,000) | (76,677,000) | (139,919,000) | - | - | - |
| % Net Margin | (42.3%) | (38.0%) | (24.7%) | (34.9%) | (50.1%) | - | - | - |
BigCommerce, Inc. - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.