Ecwid

Ecwid

Cloud based e-commerce solution enabling merchants to incorporate online stores into any web platform. Learn more
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DateInvestorsAmountRound
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N/A

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$1.5m

Series A

$5.0m

Series B
*

$42.0m

Growth Equity VC

$500m

Valuation: $500m

Acquisition
Total FundingCAD66.1m

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Ecwid is an innovative e-commerce platform that allows businesses to create and manage online stores with ease. It operates primarily in the United States, Canada, and the United Kingdom. Ecwid serves a diverse range of clients, from small businesses to larger enterprises, who are looking to establish or enhance their online presence. The platform is particularly appealing to merchants who need a straightforward, user-friendly solution to sell products online.

Ecwid operates in the competitive e-commerce market, which includes other well-known platforms like Shopify and WooCommerce. What sets Ecwid apart is its ease of use and quick setup process, which has earned it the title of "Fastest e-commerce implementation" by G2 Crowd. This makes it an attractive option for businesses that need to get online quickly without the hassle of complex configurations.

The business model of Ecwid is freemium, meaning it offers a free basic plan that allows users to get started without any initial cost. Once users are ready to expand their store with more advanced features, they can opt for paid plans. This model helps Ecwid attract a wide range of users who can scale their investment as their business grows. Additionally, Ecwid generates revenue through its App Market, where third-party developers offer various tools and apps to enhance the functionality of online stores. These apps can add key selling and management features, further driving Ecwid's revenue.

Ecwid also offers integrated payment solutions, allowing merchants to accept various payment methods like credit cards, Google Pay, and Apple Pay directly through the platform. This seamless integration simplifies the payment process for both merchants and customers, enhancing the overall shopping experience.

In summary, Ecwid is a versatile and user-friendly e-commerce platform that helps businesses of all sizes sell products online efficiently. It operates on a freemium model, with additional revenue generated through its App Market and integrated payment solutions.

Keywords: E-commerce, Online Store, Freemium, App Market, Payment Integration, User-Friendly, Small Business, Quick Setup, Third-Party Apps, Inventory Management.

Tech stack

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