Investments
173Portfolio Exits
19Funds
12About Commerce Ventures
Commerce Ventures is a venture capital firm with a unique and strategic blend of leading entrepreneurs, senior executives and corporates from its focus sectors (mobile, retail, payments, digital marketing). In addition to providing capital, the firm is committed to helping portfolio companies succeed in scaling their commerce-related innovations. Commerce Ventures' strategy is typically not to lead investment rounds, but instead to participate alongside top notch lead investors such as VCs, seed funds and strategic corporations. Although it does not target a specific security or round, most of its investments will be in companies that have recruited a core team, developed a flagship product and demonstrated early product-market fit.
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Expert Collections containing Commerce Ventures
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Commerce Ventures in 2 Expert Collections, including Store tech (In-store retail tech).
Store tech (In-store retail tech)
55 items
Startups aiming work with retailers to improve brick-and-mortar retail operations.
Grocery Retail Tech
16 items
Startups providing tools to grocery businesses to improve in-store operations. Includes IoT tools, customer analytics platforms, in-store robots, predictive inventory management systems,and more. (Does not include on-demand grocery delivery startups or online-only grocery stores)
Latest Commerce Ventures News
Jun 1, 2023
MoCaFi – $23.5M MoCaFi, a personal finance infrastructure platform for governments and philanthropic organizations to provide critical services to the underbanked, has raised $23.5M in Series B funding led by Commerce Ventures. Founded by Wole Coaxum in 2015, MoCaFi has now raised a total of $31.3M in reported equity funding. Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org . Syllo – $455K Syllo, an AI-powered legal tech platform, has raised $455K in funding according to a recent SEC filing. The filing indicates the total offering is for $2M and there were four investors in this close. Founded by Jeff Chivers and Theodore Rostow, in 2019, Syllo has now raised a total of $1.33M in reported equity funding. The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale .
Commerce Ventures Investments
173 Investments
Commerce Ventures has made 173 investments. Their latest investment was in BillGO as part of their Series C on May 5, 2023.
Commerce Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
5/8/2023 | Series C | BillGO | $94.34M | No | 1 | |
5/8/2023 | Unattributed VC - II | Algenesis | $1.3M | No | 1 | |
5/4/2023 | Series B | Inbox Health | $22.5M | No | 11 | |
5/3/2023 | Seed VC | |||||
4/26/2023 | Series B - III |
Date | 5/8/2023 | 5/8/2023 | 5/4/2023 | 5/3/2023 | 4/26/2023 |
|---|---|---|---|---|---|
Round | Series C | Unattributed VC - II | Series B | Seed VC | Series B - III |
Company | BillGO | Algenesis | Inbox Health | ||
Amount | $94.34M | $1.3M | $22.5M | ||
New? | No | No | No | ||
Co-Investors | |||||
Sources | 1 | 1 | 11 |
Commerce Ventures Portfolio Exits
19 Portfolio Exits
Commerce Ventures has 19 portfolio exits. Their latest portfolio exit was Blooom on November 17, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
11/17/2022 | Asset Sale | 1 | |||
4/8/2022 | Acquired | 1 | |||
8/17/2021 | Acquired | 2 | |||
Commerce Ventures Fund History
12 Fund Histories
Commerce Ventures has 12 funds, including Commerce Ventures IV.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
6/18/2021 | Commerce Ventures IV | $150M | 1 | ||
11/20/2020 | CV Strong | $1.54M | 1 | ||
8/7/2020 | CV II Billing | $10M | 1 | ||
8/7/2020 | CV III Checkout | ||||
8/7/2020 | CV II Billing Ind |
Closing Date | 6/18/2021 | 11/20/2020 | 8/7/2020 | 8/7/2020 | 8/7/2020 |
|---|---|---|---|---|---|
Fund | Commerce Ventures IV | CV Strong | CV II Billing | CV III Checkout | CV II Billing Ind |
Fund Type | |||||
Status | |||||
Amount | $150M | $1.54M | $10M | ||
Sources | 1 | 1 | 1 |
Commerce Ventures Team
1 Team Member
Commerce Ventures has 1 team member, including current Founder, General Partner, Daniel Rosen.
Name | Work History | Title | Status |
|---|---|---|---|
Daniel Rosen | Angel Capital Association, Buck, Geospiza, Highland Capital Partners, Modumetal, HarbourVest Partners, American Management Systems, John Hancock Financial Services, Washington Technology Industry Association, Uunet, Microsoft, General Magic, Nokia, and AT&T | Founder, General Partner | Current |
Name | Daniel Rosen |
|---|---|
Work History | Angel Capital Association, Buck, Geospiza, Highland Capital Partners, Modumetal, HarbourVest Partners, American Management Systems, John Hancock Financial Services, Washington Technology Industry Association, Uunet, Microsoft, General Magic, Nokia, and AT&T |
Title | Founder, General Partner |
Status | Current |
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