See BigCommerce's revenue, employees, and funding info on Owler, the world’s largest community-based business insights platform. We have provided a few examples below that you can copy and paste to your site:Any amount that you can contribute will help ensure we can keep the site completely free for many years to come.Your data export is now complete. For 2019, BigCommerce reported revenue of $112.1 million, an increase of 22% year over year, while its net loss of $42.6 million widened from $38.9 million in the prior year. Ended March 31, 2020The company's net dollar retention rate is above 100%, a positive signal that indicates it is garnering more revenue from the same cohort over time, i.e., negative net churn.Expected IPO Pricing Date: August 4, 2020.BigCommerce has filed terms for its $130 million IPO.Sales & Marketing expenses as a percentage of total revenue have been uneven as revenues have increased, as the figures below indicate:The company provides enterprises of all sizes with SaaS delivered e-commerce software solutions.The firm provides companies of all sizes with e-commerce software solutions.This represents a forecast very strong CAGR of 16.3% from 2020 to 2027.BIGC is growing efficiently and the IPO appears reasonably valued, so it is worth considering.Management is headed by president, CEO and Chairman Mr. Brent Bellm, who has been with the firm since June 2015 and was previously president and COO of HomeAway, a vacation rental online marketplace.Also, firms that utilize APIs (Application Programming Interface) enable companies to employ low code solutions to quickly modernize their existing systems.Management disclosed the firm’s recent net revenue retention rate as, “NRR for accounts with ACV greater than $2,000 was 108% and 106% for 2018 and 2019, respectively.”A figure of greater than 100% is considered good as it means the firm is generating increasing revenue (negative net churn) from the same cohort of customers over time.BIGC intends to sell 6.85 million shares of Series 1 stock at a midpoint price of $19.00 per share for gross proceeds of approximately $130 million, not including the sale of customary underwriter options.BigCommerce has received at least $225 million from investors including Revolution Growth, General Catalyst Group, GGV Capital and SoftBank.The firm’s financials indicate it is growing topline revenue at an accelerating rate; gross profit and gross margin have increased, although operating profit has been highly variable.The main drivers for this expected growth are an increase in e-commerce capabilities to assist enterprises in automating core business functions while increasing the leverage firms have as consumers increasingly adopt online shopping for goods and services.The market opportunity for providing a SaaS e-commerce solution is large and likely to grow at a significant rate in the coming years, so the company enjoys a robust industry growth dynamic.That growth potential will no doubt be assisted further by the COVID-19 pandemic and its effects on businesses seeking to produce more of their revenue from digital sources. All up, same-store sales across all verticals increased over Cyber Week 2019 in comparison to Cyber Week 2018 — by about 21%. We intend to use the remainder of the net proceeds from this offering for working capital and general corporate purposes, including sales and marketing, research and development, general and administrative matters, and capital expenditures.The main drivers for this expected growth are an increase in e-commerce capabilities to assist enterprises in automating core business functions while increasing the leverage firms have as consumers increasingly adopt online shopping for goods and services.The market opportunity for providing a SaaS e-commerce solution is large and likely to grow at a significant rate in the coming years, so the company enjoys a robust industry growth dynamic.That growth potential will no doubt be assisted further by the COVID-19 pandemic and its effects on businesses seeking to produce more of their revenue from digital sources.BIGC is growing quickly and is well positioned to take advantage of the increasingly rapid transition to e-commerce operations by businesses.
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bigcommerce revenue 2019