
Commerce Ventures
Description
Commerce Ventures is a San Francisco-based venture capital firm with a specialized focus on the FinTech, Retail & Brand, and InsurTech sectors. Established to capitalize on the digital transformation sweeping through these industries, the firm primarily invests in early-stage companies, typically from Seed to Series B rounds. Their investment thesis centers on identifying innovative technologies and business models that are poised to disrupt or significantly enhance the commerce ecosystem.
The firm is known for its hands-on approach, leveraging its deep industry expertise and extensive network to support portfolio companies beyond just capital infusion. Commerce Ventures seeks to partner with founders who are building scalable solutions in areas such as payments, lending, e-commerce infrastructure, supply chain optimization, and insurance technology. They often act as lead or co-lead investors, demonstrating a strong commitment to their portfolio companies' growth trajectories.
Since its inception, Commerce Ventures has built a substantial portfolio, having made over 150 investments across various stages and sub-sectors within their focus areas. This extensive activity underscores their position as a prolific investor in the commerce technology space. The firm continues to raise significant capital, with its latest fund, Commerce Ventures Fund V, targeting $150 million, indicating continued strong conviction in their investment strategy and market opportunities. Their typical initial investment ranges from $1 million to $5 million, allowing them to support promising startups from their formative stages.
Commerce Ventures' strategic focus allows them to develop a nuanced understanding of the unique challenges and opportunities within the FinTech, Retail, and InsurTech landscapes. This specialization enables them to provide targeted strategic guidance and operational support, fostering the success of their portfolio companies. Their consistent fundraising and broad investment activity reflect a robust and enduring presence in the venture capital ecosystem, particularly for companies innovating at the intersection of technology and commerce.
Investor Profile
Commerce Ventures has backed more than 189 startups, with 17 new investments in the last 12 months alone. The firm has led 17 rounds, about 9% of its total and boasts 19 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, India.
- Strong thematic focus on FinTech, Financial Services, Software.
- Led 1 rounds in the past year.
- Typical check size: $1M – $5M.
Stage Focus
- Series A (32%)
- Seed (24%)
- Series B (18%)
- Series C (8%)
- Series Unknown (6%)
- Pre Seed (3%)
- Series D (3%)
- Series E (3%)
- Convertible Note (1%)
- Angel (1%)
Country Focus
- United States (89%)
- United Kingdom (2%)
- India (1%)
- Colombia (1%)
- Israel (1%)
- Canada (1%)
- Brazil (1%)
- Estonia (1%)
- Australia (1%)
- Argentina (1%)
Industry Focus
- Fintech
- Financial Services
- Software
- E-commerce
- Finance
- Information Technology
- Payments
- Saas
- Retail
- Artificial Intelligence (Ai)
Frequently Asked Questions
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