Breaking
BigCommerce rebrands as Commerce - Nasdaq ticker changes BIGC to CMRC on Aug 1, 2025 Three engines, one company: BigCommerce + Feedonomics + Makeswift CEO Travis Hess: "It's not just a new name - it's a new model" 60+ of the Top 2000 US online retailers run on the platform Commerce bets on "agentic commerce" - product data for ChatGPT and Perplexity BigCommerce rebrands as Commerce - Nasdaq ticker changes BIGC to CMRC on Aug 1, 2025 Three engines, one company: BigCommerce + Feedonomics + Makeswift CEO Travis Hess: "It's not just a new name - it's a new model" 60+ of the Top 2000 US online retailers run on the platform Commerce bets on "agentic commerce" - product data for ChatGPT and Perplexity
Company Profile / Nasdaq: CMRC / Austin, Texas

Commerce.

The company formerly known as BigCommerce rebooted itself into an open, AI-driven commerce ecosystem - three products, one stack, and a bet that the next storefront is an answer engine.

Founded 2009 ~1,100 employees B2B & B2C SaaS Rebranded July 31, 2025
Commerce logo - white wordmark and circular icon on a purple background

Commerce, the parent brand of BigCommerce, Feedonomics and Makeswift. The company began trading on the Nasdaq as CMRC on August 1, 2025.

The Story

A rebrand that came with a new operating theory

For sixteen years the name was BigCommerce. It started in 2009 in a corner of Sydney, Australia, where co-founders Eddie Machaalani and Mitchell Harper built a platform for people who wanted to sell things online. It grew, moved its headquarters to Austin, Texas, and went public on the Nasdaq in August 2020 under the ticker BIGC. That was the arc of a solid ecommerce-software company.

On July 31, 2025, that company changed its name to Commerce. The corporate entity became Commerce.com, Inc., and the next day the stock started trading under a new ticker, CMRC. But the interesting part is not the logo. Under CEO Travis Hess - who joined as President in May 2024 and took the top job that October - the rebrand arrived stapled to a new model.

Commerce is now the parent brand over three products: BigCommerce, the ecommerce platform; Feedonomics, an AI-driven product-data optimization and syndication engine; and Makeswift, a visual, composable storefront builder. The pitch is that these three pieces cover the full arc of selling online - optimize the data, run the store, build the face - and that brands can buy them separately or together.

The reframing is deliberate. Hess argues the company "outgrew its legacy brand" and needed to signal a shift from being a platform to being what he calls a data-driven, modular commerce engine. The reboot went past marketing: much of the senior leadership team was replaced, two acquisitions were folded in, and the roadmap was reoriented around customer outcomes rather than platform features.

2009
Founded (Sydney)
CMRC
Nasdaq ticker
$4.1B
Combined merchant sales*
3
Core products

*More than 60 of the Top 2000 US online retailers used BigCommerce in 2024, generating over $4.1B in combined annual ecommerce sales.

"We've rebooted the entire company. It's not just a new name - it's a new model."
Travis Hess, Chief Executive Officer
Products & Services

One stack, assembled from three engines

Commerce sells its products modularly - a brand can adopt Feedonomics or Makeswift on their own without re-platforming the whole store. Together they form what the company describes as an operating system for merchants.

The Store

BigCommerce

The flexible, open SaaS ecommerce platform at the core - built for speed, scale, and headless/composable architecture, serving both B2C and B2B selling.

Since 2009
The Data

Feedonomics

AI-powered product-data optimization that formats and syndicates feeds across marketplaces, ad networks, and emerging AI answer engines. Acquired 2021.

Acquired 2021
The Face

Makeswift

A visual, no-code builder for personalized, composable storefronts and pages - letting teams design experiences on top of the commerce stack. Acquired 2022.

Acquired 2022

Also in the box: BigCommerce Payments, powered by PayPal, giving merchants a native checkout inside the platform.

Customers & The Problem

Built for the complicated accounts

Who uses it

Complex B2B and B2C brands and enterprise retailers - the ones juggling owned sites, wholesale, marketplaces and social at the same time. Named customers and users include URBN (Urban Outfitters), Tapestry (Coach, Kate Spade), Dell Technologies, Revelyst, Patagonia, Puma and Harvey Nichols.

URBNTapestryDell PatagoniaPumaHarvey NicholsRevelyst

The problem it solves

Selling online has fractured into a dozen channels, each with its own rules for product data. And discovery itself is moving - shoppers increasingly ask AI answer engines like ChatGPT and Perplexity instead of typing into a search bar. Commerce's argument: if a machine is going to shop on your customer's behalf, your product data had better be clean, structured and everywhere the machine looks.

Hess calls the moment "like Y2K" - widespread anxiety, unclear rules, everything about to change. The stack is his answer to that anxiety.

How It's Different

The anti-Shopify position

Commerce is explicit about not fighting Shopify on simplicity. Instead it targets complexity - the enterprises that need multi-channel management, B2B workflows, and open, composable architecture rather than a turnkey box. It is a strategy of picking the hard problems competitors tend to avoid, and letting customers buy only the modules they need.

There is a small irony in the positioning: CEO Travis Hess previously ran Accenture's global Shopify partnership before joining the company he now aims squarely at the enterprise gaps around it.

Enterprise / B2B focus
high
Composable / headless
high
AI / data emphasis
high
Multi-channel syndication
high
Out-of-box simplicity
med

Illustrative positioning based on the company's stated strategy - not a formal benchmark.

Business Model / Expertise / Market

How the money and the know-how work

Business model

B2B SaaS. Commerce earns subscription revenue from the platform and from modular products (Feedonomics, Makeswift), plus payments and an ecosystem of agency and technology partners. The modular design is the model: brands can buy pieces independently instead of committing to a full re-platform.

Where it fits

It sits in the enterprise and mid-market layer of the commerce-platform market, alongside Salesforce Commerce Cloud, Adobe Commerce (Magento) and commercetools, and across from Shopify Plus - differentiated by its data-and-AI framing and open architecture.

Expertise

Sixteen years of ecommerce-platform engineering, plus two acquired specialties: product-data feed management (Feedonomics) and visual composable site building (Makeswift). The leadership bench draws on commerce-agency and consultancy experience, including Accenture and DTC/Shopify agency work.

Financial snapshot

Publicly traded (Nasdaq: CMRC). Reported total funding of roughly $63M pre-IPO (Series C), with estimated annual revenue in the $330M+ range. Market value moves with the stock.

Timeline

From a Sydney bedroom to a Nasdaq ticker

2009

BigCommerce is founded

Eddie Machaalani and Mitchell Harper launch an online-store platform in Sydney, Australia.

2020

IPO on the Nasdaq

BigCommerce goes public under the ticker BIGC in August 2020.

2021

Feedonomics acquired

The company adds AI-driven product-data optimization and syndication.

2022

Makeswift acquired

A visual, composable storefront builder joins the portfolio.

2024

Travis Hess takes the helm

Joins as President in May, appointed CEO in October, and begins a company-wide reboot.

2025

Rebrand to Commerce

On July 31 the Commerce parent brand launches; on August 1 the stock trades as CMRC.

"Commerce is more than just another ecommerce company. We are a trusted partner, an innovation engine and a champion that stands behind what we promise."
Travis Hess, CEO
Watch & Listen

Interviews & product demos

YouTube

BigCommerce on YouTube

Product demos, platform walkthroughs and customer stories from the official channel.

youtube.com/user/bigcommerce →
Blog / Recap

Travis Hess on the Future of Commerce

BigSummit 2025 recap: the CEO on agentic commerce and the road ahead.

Read the recap →
FAQ

Questions people ask

Is Commerce the same company as BigCommerce?
Yes. Commerce.com, Inc. is the rebranded parent company of BigCommerce. BigCommerce still exists as a product within Commerce, alongside Feedonomics and Makeswift. The rebrand took effect July 31, 2025.
What does Commerce actually sell?
A modular commerce stack: the BigCommerce ecommerce platform, Feedonomics for AI-powered product-data optimization and syndication, and Makeswift for visual, composable storefronts - plus integrated payments. Customers can buy the pieces individually.
What is Commerce's stock ticker?
Commerce trades on the Nasdaq Global Market under CMRC, effective August 1, 2025. It previously traded as BIGC.
Who runs Commerce?
Travis Hess is CEO. He joined as President in May 2024 and was appointed CEO in October 2024, previously leading commerce practices at Accenture and running Shopify agency BVA.
How is Commerce different from Shopify?
Commerce deliberately targets complex, multi-channel B2B and enterprise brands - wholesale, marketplaces, owned sites and social - rather than competing with Shopify on out-of-the-box simplicity, and it emphasizes open, composable architecture and AI-ready product data.
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