Overview

BigCommerce provides an e-commerce platform that enables businesses to create and manage online stores. Its services include website building, order management, payment processing, shipping solutions, and marketing tools. Businesses pay a monthly subscription fee to access these features, with costs varying based on the level of service and customization needed. BigCommerce also has an App Marketplace where third-party developers can offer additional functionalities. The platform is designed to be flexible and scalable, allowing businesses to grow without needing to switch systems. It offers APIs for developers to create custom solutions and integrate with other systems like POS, ERP, PIM, and OMS. A notable feature is its support for headless commerce, which gives businesses control over the frontend design while using BigCommerce's backend. The goal of BigCommerce is to provide a comprehensive solution for businesses of all sizes to effectively manage their online sales.

Simplify's Take

What believers are saying

• Partnership with Pipe17 enhances AI-driven order operations, boosting efficiency and satisfaction.
• New app development tools attract developers, increasing app variety and quality on the platform.
• Integration with Yuma AI improves customer support, potentially increasing client retention.

What critics are saying

• Competition from Shopify's AI-driven tools may attract BigCommerce's customer base.
• Amazon's B2B e-commerce expansion could impact BigCommerce's market share.
• Economic instability in key markets may reduce spending on e-commerce platforms.

What makes BigCommerce unique

• BigCommerce offers headless commerce, allowing custom frontend design with robust backend support.
• The platform supports both B2B and B2C e-commerce, catering to diverse business needs.
• BigCommerce's App Marketplace enhances functionality with third-party apps and integrations.

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Funding

Total Funding

$485.7M

Above

Industry Average

Funded Over

9 Rounds

Notable Investors:

General CatalystSoftBank

Notable Investors:

General CatalystSoftBank

$50,510,000

Post IPO Equity

Dec 2023

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Post IPO Equity Funding Comparison

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