Investors / United States / Commerce Ventures
Commerce Ventures
Venture capital · San Francisco, CA, United States · North America
Commerce Ventures is a venture capital firm that partners with early-stage companies building platforms for the future of retail and financial services. It invests with a thematic focus and uses its industry network to help portfolio companies find customers, distribution partners, advisors and executives.
Invests inFintechE-commerce & Marketplaces
In its own wordsretail techpayment techinsurance techbanking techfintechcommerce infrastructure
Your fit with Commerce Ventures
Four questions about your startup
See how your round matches what it backs, point by point.
Or find every investor that fitsCommerce Ventures lists 105 checked portfolio companies on its own site and is named in 25 funding rounds. Its most frequent entry is Series A, 52% of the companies with a known first round. Its largest themes are Fintech (46%), E-commerce & Marketplaces (16%) and AI & Machine Learning (11%). 86% of its companies are based in United States. It invests most often alongside Y Combinator, Clocktower Ventures and Activant Capital.
Counts come from funding rounds that name Commerce Ventures, complete from mid-2025: earlier rounds appear only when they were reported later. Round amounts and full round histories are on Fundup AI.
Round figures show recent activity, not Commerce Ventures' whole history. Rounds on record name 25 companies; its own site lists 105. Funding rounds are complete from mid-2025, so counts and the yearly trend undercount a firm that invested before then. The portfolio, themes and places come from its own site and are not affected.
Entry stage
share of companies by the stage of its first roundShow as a table
| Value | |
|---|---|
| Pre-seed | 0% |
| Seed | 22% |
| Series A | 52% |
| Series B | 13% |
| Growth | 13% |
Activity by year
rounds it joined, last 10 yearsShow as a table
| Total | Rounds it led | |
|---|---|---|
| '17 | 0 | 0 |
| '18 | 0 | 0 |
| '19 | 0 | 0 |
| '20 | 1 | 0 |
| '21 | 0 | 0 |
| '22 | 0 | 0 |
| '23 | 0 | 0 |
| '24 | 1 | 0 |
| '25 | 6 | 0 |
| '26 | 17 | 0 |
Investor profile
percentile among all firmsShow as a table
| Measure | Percentile of all firms | Value |
|---|---|---|
| Portfolio size | 96th | 105 companies |
| Recent activity | 98th | 17 rounds in 12 months |
| Early stage | 58th | 22% of entries at pre-seed or seed |
| Evidence | 76th | 10% of companies confirmed by a round |
| Sector focus | 81th | 46% in its largest sector |
| Reach | 95th | 10 countries |
Investment themes
share of its checked companiesThis firmAll checked companies
Show as a table
| This firm | All checked companies | |
|---|---|---|
| Fintech | 46% | 12% |
| E-commerce & Marketplaces | 16% | 6% |
| AI & Machine Learning | 11% | 18% |
| Healthcare & Biotech | 5% | 15% |
| Enterprise Software | 4% | 8% |
| Space & Defense | 4% | 3% |
| Legal & Compliance | 3% | 2% |
| Consumer | 2% | 3% |
Invests most often with
firms sharing its portfolio companiesShow as a table
| Share | |
|---|---|
| Y Combinator | 13 |
| Clocktower Ventures | 8 |
| Activant Capital | 6 |
| Lightspeed Venture Partners | 6 |
| Portage | 5 |
| Soma Capital | 5 |
| Accel | 4 |
| Battery Ventures | 4 |
Its portfolio companies
where they are based, and what their own sites showSite status
- Site answers10398%
- No longer answers00%
- Points to another company22%
- Parked or sold domain00%
A site that stops answering three checks in a row is counted as no longer answering; that is not proof of closure. A site that points to another company is often an acquisition.
Co-investor network
who it backs companies with, and who they back togetherCompare Commerce Ventures head to head
portfolio size, rounds, entry stages, themes and the companies both backThree or more firms at once: portfolio overlap.
Recent portfolio activity
when companies last raised with Commerce Ventures| Date | Company | Stage |
|---|---|---|
| 10 Nov 2026 | Series C+ | |
| 3 Nov 2026 | Seed | |
| 1 Oct 2026 | Seed | |
| 17 Sept 2026 | Series A | |
| 16 Sept 2026 | Series B | |
| 30 Jun 2026 | Series A | |
| 25 Jun 2026 | Series A | |
| 15 Jun 2026 | Series C+ |
Round details for Commerce Ventures
Amounts, full round histories and every co-investor in Commerce Ventures' rounds are on Fundup AI. VCinfo covers investors and their portfolios.
Portfolio
105 companies checked against their own sites| Company | What it does | Themes | First round with it | Evidence |
|---|---|---|---|---|
| Astrada connects directly to card networks and integrates bank data to enable finance platforms to categorize, reconcile, and close the books. | Fintech | Portfolio page | ||
| Authentic provides the infrastructure that brokers need to deliver well-priced specialized programs fast. | FintechHealthcare & Biotech | Portfolio page | ||
| Autobooks brings receivables, payables, accounting, and lending together inside digital banking for small businesses and financial institutions. | FintechSpace & Defense | Portfolio page | ||
| Baton Systems provides liquidity management and payment solutions for financial institutions. | FintechFintech | Portfolio page | ||
| BILL provides a financial operations platform for businesses and firms to manage tasks such as accounts payable, accounts receivable, and cash flow forecasting | FintechSpace & Defense | Portfolio page | ||
| BillGO makes payments simple for small businesses by processing same-day bill payments with ease, speed and security. | Fintech | Portfolio page | ||
| Bloom Credit provides technology and data to help financial institutions make lending decisions and manage credit | FintechLegal & Compliance | Portfolio page | ||
| Builder.io provides a collaborative platform for building software with AI agents | AI & Machine LearningEnterprise Software | Portfolio page | ||
| The company provides real-time fraud prevention and identity decisioning services using AI-powered unified risk decisioning for the entire customer life cycle. | FintechCybersecurity | Portfolio page | ||
| Canary Technologies provides a hospitality management system for hotels and other properties. | Legal & ComplianceReal Estate & Construction | Portfolio page | ||
| Candex provides a platform for businesses to engage, track, and pay for goods and services | FintechE-commerce & Marketplaces | Portfolio page | ||
| Canopy Technology Corp provides a loan management system for commercial lenders | FintechLegal & Compliance | Portfolio page | ||
| Card91 provides payment infrastructure for banks and regulated entities | Fintech | Portfolio page | ||
| Cardless provides technology, operations, and infrastructure for companies to create and manage their own credit card programs. | FintechE-commerce & Marketplaces | Portfolio page | ||
| Casap is the agentic AI platform built to tackle the hardest work in financial services | FintechAI & Machine Learning | Portfolio page | ||
| Clara provides spend management services to companies, including corporate cards, vendor payments, and expense management tools. | FintechSpace & Defense | Nov 2026Series C+ | Page + round | |
| Clerq helps businesses accept payments directly from customers' bank accounts | FintechE-commerce & Marketplaces | Oct 2025Series A | Funding round | |
| Conduit provides a platform for cross-border money movement and multi-currency accounts | Fintech | Portfolio page | ||
| Constrafor provides construction-first risk management software and growth solutions for construction firms. | FintechConsumer | Portfolio page | ||
| The company provides procurement software for businesses to manage spending and streamline procurement processes. | FintechEnterprise Software | Portfolio page |
About this data
site last read 12 Nov 2026- Site
- commerce.vc
- Last read
- 12 Nov 2026
- Watching since
- 5 Nov 2026
- Rounds since
- 4 Dec 2020
- Companies checked
- 105
Rates come from what VCinfo has observed since observation_start. Firms tend to remove companies that closed, so early rates understate reality. A company leaving a portfolio page does not mean it closed or exited. An unreachable site means our checks failed, nothing more.
Get Commerce Ventures' profile as data
Pull Commerce Ventures' portfolio, co-investors and changes through one API key or MCP, open every portfolio row, compare it with other firms, and get an email when it adds a company or files a fund.
Work email, sign-in link by email. Already have an account? Log in- Ask AI5 plain-English investor searches a day
- Full listsEvery portfolio row and two-firm overlap
- API and MCP100 REST or MCP calls a month, one key
- AlertsFollow 5 investors for portfolio and fund changes
$ curl -H "X-API-Key: YOUR_KEY" \
https://api.vcinfo.io/v1/firms/commerce.vc
# also
GET /v1/firms/commerce.vc/portfolio
GET /v1/firms/commerce.vc/coinvestors
GET /v1/firms/commerce.vc/news