CommerceIQ Named to Washington’s “100 Best Companies to Work for” List
PALO ALTO, Calif.–(BUSINESS WIRE)–CommerceIQ, the algorithmic platform that helps consumer brands win in e-commerce, announced it has been listed on Seattle Business Magazine’s 100 Best Companies to Work For list, and ranked 22nd among small companies. The annual list honors the top companies in Washington State based on anonymous employee surveys evaluating company workplace policies, practices, philosophy, systems and demographics.
“This recognition is a testament to our team’s culture and winning spirit after several incredible years of growth,” said Guru Hariharan, Founder and CEO of CommerceIQ. “Becoming a top place to work is one of the central goals of our business, and while the last several years have brought us explosive growth, we have doubled-down on our commitment to our employees with greater flexibility, more emphasis on teamwork and collaboration, open communication, unique employee benefits and uncovering opportunities for growth.”
The company has grown headcount by 77% year over year and plans to continue hiring at a brisk pace going into next year, expecting to grow the team to 250 by the end of next year.
“I am so proud of the team at CommerceIQ, who work so hard to help our clients succeed amid so many obstacles; the compassion and allyship our colleagues have shown each other over the past year has been inspiring to see. Our culture is what powers our success, so we are thrilled that this honor gives us another reason to celebrate our accomplishments,” said Hariharan, CEO of CommerceIQ.
This annual program was created by Seattle Business magazine and Best Companies Group to identify, recognize and honor the best employers in Washington, benefiting the area’s economy, workforce and businesses. Honorees were announced in the November-December issue of Seattle Business.
Earlier this year, CommerceIQ closed a $60M Series C funding round spurred by triple-digit platform growth in two years. CommerceIQ has been the recipient of numerous other awards including Fast Company’s annual list of World’s Most Innovative Companies in 2019, Startup Weekly’s Software Companies to Watch in 2021; Stevie American Business Awards Best E-commerce Solution and Ventana Research Best Digital Innovation for Sales also earlier in 2021.
CommerceIQ leverages machine learning, analytics and automations to optimize the e-commerce channel across supply chain, marketing and sales operations functions to win the consumer at the moment of purchase and drive profitable market share growth. CommerceIQ has been adopted by leading consumer brands accounting for billions of dollars in e-commerce sales and marketing spend, including Kellogg’s, Nestle, Colgate-Palmolive and Spectrum Brands. These brands rely on CommerceIQ’s machine-based commerce technology and business processes, which are purpose-built to tune e-commerce algorithms, collaborate and share data-driven insights in real-time in response to changing variables across hundreds of products on leading retail sites. Using CommerceIQ as a single source of truth, customers have driven 40% increase in incremental sales, 20% improvement in profitability and 20% increase in Share of Voice on Amazon and other online marketplaces. For more information, please visit CommerceIQ.ai.