# commerce.vc > AI-optimized mirror of commerce.vc containing 285 pages totalling 53,677 words of clean markdown content, structured data, and semantic HTML. Original source: https://commerce.vc. Last updated: 2026-07-17T22:24:47.175Z. Each page is available as HTML (with JSON-LD structured data) and Markdown (text-only, ideal for LLMs and RAG). ## Homepage - [Frontpage - Commerce Ventures](/content/site-root.html) (381 words) ## Articles & Blog Posts - [Page not found - Commerce Ventures](/content/portfolio/insurance/insurance/index.html) (7 words) - [Conduit - Commerce Ventures](/content/portfolio/conduit/index.html) (154 words, Apr 23, 2026) - [Weather Promise - Commerce Ventures](/content/portfolio/weather-promise/index.html) (149 words, Mar 19, 2026) - [Casap - Commerce Ventures](/content/portfolio/casap/index.html) (97 words, Mar 19, 2026) - [Cimulate - Commerce Ventures](/content/portfolio/cimulate/index.html) (131 words, Mar 19, 2026) - [Monark - Commerce Ventures](/content/portfolio/monark/index.html) (87 words, Feb 17, 2026) - [Keychain - Commerce Ventures](/content/portfolio/keychain/index.html) (134 words, Feb 10, 2026) - [Hamsa - Commerce Ventures](/content/portfolio/hamsa/index.html) (133 words, Feb 10, 2026) - [Greenboard - Commerce Ventures](/content/portfolio/greenboard/index.html) (190 words, Feb 10, 2026) - [How AI Is Rewiring Insurance From the Inside Out - Commerce Ventures](/content/press/ai-is-rebuilding-insurance-from-the-ground-up/index.html): Insurance is getting its biggest infrastructure overhaul in decades, and AI isn't just improving the process, it's replacing it. Here's what the $1T shift actually looks like. (218 words, Nov 25, 2025) - [Is a ChatGPT Credit Card Inevitable? - Commerce Ventures](/content/press/why-chatgpt-should-launch-a-credit-card/index.html): The co-branded credit card market is $750B+ in annual volume and ripe for disruption. Why ChatGPT checks every box for the next great fintech card program and what it means for the industry. (231 words, Oct 20, 2025) - [Is “ChatGPT Prime” the Future of Loyalty Programs in the Age of Agentic Shopping? - Commerce Ventures](/content/press/chatgpt-prime-future-of-loyalty-agentic-commerce/index.html): As AI agents like ChatGPT and Perplexity evolve from search tools to shopping platforms, a new battle for customer loyalty is emerging. Will “ChatGPT Prime” redefine how brands own the customer relationship in the era of Agentic Commerce? (204 words, Oct 15, 2025) - [Bringing AI to Insurance: Why We Invested in Liberate - Commerce Ventures](/content/press/bringing-ai-to-insurance-liberate-commerce-ventures.html): Liberate is redefining insurtech by replacing manual processes, not software, with AI agents that modernize insurance operations end to end. (212 words, Oct 15, 2025) - [Hiya Shah - Commerce Ventures](/content/team/hiya-shah/index.html): Hiya is an Associate on the Investment Team at CV. Previously, she worked in Investment Banking at Bank of America focusing on M&A and private capital raises for emerging growth technology companies and also spent time on the investment teams at PeakSpan Capital and MGG Investment Group. Hiya holds a bachelor's from Stanford University, where (77 words, Oct 1, 2025) - [PitchBook Won’t Survive the AI Wave - Commerce Ventures](/content/press/generative-ai-venture-data-platforms/index.html): Why AI is poised to disrupt venture data platforms like PitchBook. From real-time filing parsing to natural language queries and lower-cost access for smaller firms. (151 words, Sep 24, 2025) - [When Stocks Go On-Chain: How Tokenized Securities Could Power $3 Trillion in Digital Assets - Commerce Ventures](/content/press/tokenized-stocks-on-chain-digital-assets/index.html): The race to tokenize stocks is accelerating. From Robinhood and Kraken to Coinbase and Securitize, tokenized securities could unlock 24/7 global trading—and fuel a $3 trillion expansion in digital assets and AI-powered investing. (277 words, Aug 22, 2025) - [Who Owns Shopping Data in the Age of AI? - Commerce Ventures](/content/press/ai-retail-data-wars-amazon-walmart-shopify/index.html): AI is reshaping online shopping and igniting a battle over data ownership. As Amazon blocks AI access and Walmart opens its doors, retailers face a pivotal question: how to share data for smarter commerce without losing control or revenue. (204 words, Aug 15, 2025) - [Why Identity Is Having Its Platform Moment - Commerce Ventures](/content/press/why-identity-is-having-its-platform-moment/index.html): Digital identity is evolving from siloed tools to unified platforms. Explore how orchestration, data graphs, and AI are reshaping trust online. (183 words, Jun 3, 2025) - [Dani Regalado - Commerce Ventures](/content/team/dani-regalado/index.html): Dani joined Commerce Ventures in 2025 as a Strategy Associate to support the firm’s thematic research and corporate engagement efforts. Prior to joining the firm, she was a Senior Associate Consultant at Bain & Company, where she advised Fortune 500 companies, private equity firms, portfolio companies, and nonprofits on commercial and growth strategy, due diligence, (93 words, May 21, 2025) - [The Transformation of Commercial Lending: How Are Banks Keeping Up with the Shifting Landscape? - Commerce Ventures](/content/press/the-transformation-of-commercial-lending-how-are-banks-keeping-up-with-the-shifting-landscape.html): Private credit is booming and banks are rethinking lending. Explore how technology, automation, and AI are reshaping the future of commercial credit. (235 words, Mar 25, 2025) - [Candex and Kin Named to Forbes FinTech 50 - Commerce Ventures](/content/press/candex-and-kin-named-to-forbes-fintech-50/index.html) (100 words, Feb 20, 2025) - [Why Stablecoins are Reshaping B2B X-Border Payments - Commerce Ventures](/content/press/why-stablecoins-are-reshaping-b2b-x-border-payments.html) (205 words, Feb 19, 2025) - [The Evolution of Online Travel Agencies and the Opportunity for “Headless OTAs” - Commerce Ventures](/content/press/the-evolution-of-online-travel-agencies-and-the-opportunity-for-headless-otas.html) (116 words, Feb 17, 2025) - [Theatro Acquired by Motorola Solutions - Commerce Ventures](/content/press/theatro-acquired-by-motorola-solutions/index.html) (125 words, Feb 14, 2025) - [Strategy Associate – Job Description - Commerce Ventures](/content/strategyassociatejobspec/index.html): Role: Strategy Associate Location: San Francisco, CA (in-person) Compensation: Competitive within the VC industry Start Date: Immediate ABOUT COMMERCE VENTURES Founded in 2013, Commerce Ventures was the first venture firm built to invest in the platforms and infrastructure that enable both the digitization of industry incumbents and the creation of new challenger brands across the (513 words, Jan 23, 2025) - [BILL, Canary Technologies, Interchecks, Paystand, Socure and Theatro named to Deloitte’s 2024 Technology Fast 500 - Commerce Ventures](/content/press/bill-canary-technologies-interchecks-paystand-socure-and-theatro-named-to-deloittes-2024-technology-fast-500.html) (62 words, Dec 12, 2024) - [Innovation in Identity Verification, with Johnny Ayers - Commerce Ventures](/content/press/innovation-in-identity-verification-with-johnny-ayers.html) (256 words, Nov 22, 2024) - [Combatting the Retirement Crisis, with Aaron Schumm - Commerce Ventures](/content/press/combatting-the-retirement-crisis-with-aaron-schumm/index.html) (193 words, Oct 31, 2024) - [Parlay Finance Wins 2024 America’s Got Access Pitch Competition - Commerce Ventures](/content/press/parlay-finance-wins-2024-americas-got-access-pitch-competition.html) (172 words, Oct 30, 2024) - [Carefull Named to CB Insight’s Fintech 100 List - Commerce Ventures](/content/press/carefull-named-to-cb-insights-fintech-100-list/index.html) (124 words, Oct 28, 2024) - [Chris Wang - Commerce Ventures](/content/team/chris-wang/index.html): Chris is an experienced strategy and corporate development professional, with prior roles in the strategy consulting and financial services industries. He joined Commerce Ventures in 2024 and supports the firm’s corporate engagement and thematic research efforts. Prior to joining Commerce Ventures, Chris was a Director at EY-Parthenon, where he advised Fortune 500 companies, private equity (136 words, Oct 18, 2024) - [The Future of Payroll, with Kirti Shenoy - Commerce Ventures](/content/press/the-future-of-payroll-with-kirti-shenoy/index.html) (154 words, Oct 16, 2024) - [Accounts receivable, the overlooked giant in B2B payments: Why we invested in Tabs - Commerce Ventures](/content/press/accounts-receivable-the-overlooked-giant-in-b2b-payments-why-we-invested-in-tabs.html) (196 words, Sep 20, 2024) - [The rise of the AI-powered service business - Commerce Ventures](/content/press/the-rise-of-the-ai-powered-service-business/index.html) (166 words, Sep 20, 2024) - [Pitch Competition - Commerce Ventures](/content/pitch-competition-2025/index.html): We're excited to once again be hosting our financial inclusion-focused pitch competition this May at our Annual Summit! Our competition celebrates innovative ideas shaped by unique life experiences and nontraditional paths. We’re looking for founders whose background and perspectives inform new approaches to financial access and wellness. Please share how your personal journey and your (74 words, Sep 4, 2024) - [Kin Insurance, Vestwell, Paystand, Socure and FI Navigator named to the 2024 INC. 5000 - Commerce Ventures](/content/press/kin-insurance-vestwell-paystand-socure-and-fi-navigator-named-to-the-2024-inc-5000.html) (50 words, Aug 16, 2024) - [How AI is Reshaping Retail and Financial Services - Commerce Ventures](/content/themes/how-ai-is-reshaping-retail-and-financial-services/index.html): Generative AI is already making waves across the Commerce Continuum. We’ve created two decks outlining our overall point of view. Those two decks can be found here: Retail Financial Services Generative AI for FinTech Financial services is rapidly evolving with the advent of Generative AI (Gen AI). This technology holds the potential to help financial (755 words, Jul 26, 2024) - [The promise of digital banking, with Melissa Stevens of Fifth Third - Commerce Ventures](/content/press/the-promise-of-digital-banking-with-melissa-stevens-of-fifth-third.html) (232 words, Jul 16, 2024) - [Tabs - Commerce Ventures](/content/portfolio/tabs/index.html) (227 words, Jul 10, 2024) - [Builder - Commerce Ventures](/content/portfolio/builder/index.html) (206 words, Jul 10, 2024) - [Finaloop - Commerce Ventures](/content/portfolio/finaloop/index.html) (149 words, Jul 10, 2024) - [Authentic - Commerce Ventures](/content/portfolio/authentic/index.html) (118 words, Jul 10, 2024) - [Duplo - Commerce Ventures](/content/portfolio/duplo/index.html) (141 words, Jul 10, 2024) - [Bill.com, Marqeta, MX, Socure and Vestwell named to the CNBC top 250 FinTechs list - Commerce Ventures](/content/press/bill-com-marqeta-mx-socure-and-vestwell-were-named-to-the-cnbc-top-250-fintechs-list.html) (72 words, Jul 9, 2024) - [The importance of creativity and risk-taking, with Sharda Caro Del Castillo - Commerce Ventures](/content/press/the-importance-of-creativity-and-risk-taking-with-sharda-caro-del-castillo.html) (172 words, Jun 21, 2024) - [Navigating the future of open banking: What lies ahead in 2024 and beyond - Commerce Ventures](/content/press/navigating-the-future-of-open-banking-what-lies-ahead-in-2024-and-beyond.html) (149 words, Jun 21, 2024) - [Software-embedded payments: Why we invested in Forward - Commerce Ventures](/content/press/software-embedded-payments-why-we-invested-in-forward.html) (161 words, Jun 21, 2024) - [Accounting for online retailers is broken: Why we invested in Finaloop - Commerce Ventures](/content/press/accounting-for-online-retailers-is-broken-why-we-invested-in-finaloop.html) (190 words, Jun 21, 2024) - [When the wait is worth it: Why we invested in Purple Dot to make pre-orders easy - Commerce Ventures](/content/press/when-the-wait-is-worth-it-why-we-invested-in-purple-dot-to-make-pre-orders-easy.html) (210 words, Jun 20, 2024) - [Vice President, Strategy and Research Job Description - Commerce Ventures](/content/vp-strategy-and-research-job-description/index.html): JOB SUMMARY Role: Vice President, Strategy & Research Location: San Francisco, CA (in-person) Compensation: Competitive within the industry Start Date: Immediate ABOUT OUR MODEL The core of our investment strategy is centered on our ability to evaluate specific topics, utilize relationships with Fortune 1000 companies, and leverage these insights to drive value to our portfolio (610 words, Jun 18, 2024) - [Remynt and Bloom Credit win best of show at FinovateSpring - Commerce Ventures](/content/press/remynt-and-bloom-credit-win-best-of-show-at-finovatespring.html) (97 words, May 28, 2024) - [Marlie Liu of RetailNext named one of 2024’s most intriguing women entrepreneurs - Commerce Ventures](/content/press/marlie-liu-of-retailnext-named-one-of-2024s-most-intriguing-women-entrepreneurs.html) (58 words, May 24, 2024) - [Commerce Ventures Fund V - Commerce Ventures](/content/commerce-ventures-fund-v/index.html): Commerce Ventures Announces Oversubscribed Fund V Commerce Ventures, the leading venture firm focused on innovations across retail and financial services, announced today it has closed an oversubscribed fifth fund exceeding $150 million in committed capital. Founded in 2013, Commerce Ventures was the first venture firm built to invest in the platforms and infrastructure that enable (554 words, Mar 4, 2024) - [Constrafor - Commerce Ventures](/content/portfolio/constrafor/index.html) (74 words, Feb 8, 2024) - [Flextract - Commerce Ventures](/content/portfolio/entrydock/index.html) (152 words, Feb 8, 2024) - [Flexible & low cost warehouse automation: Why we invested in Instock - Commerce Ventures](/content/press/flexible-low-cost-warehouse-automation-why-we-invested-in-instock.html) (11 words, Feb 1, 2024) - [Enabling FP&A for the future: Why we invested in Telemetry - Commerce Ventures](/content/press/enabling-fpa-for-the-future-why-we-invested-in-telemetry.html) (159 words, Feb 1, 2024) - [Is distributed commerce about to have its moment? - Commerce Ventures](/content/press/is-distributed-commerce-about-to-have-its-moment/index.html) (182 words, Feb 1, 2024) - [The Shein effect: Why we invested in Portless - Commerce Ventures](/content/press/the-shein-effect-why-we-invested-in-portless/index.html) (251 words, Feb 1, 2024) - [Thrasio bankruptcy/restructuring and our retrospective on the Amazon aggregator space - Commerce Ventures](/content/press/thrasio-bankruptcy-restructuring-our-retrospective-on-the-amazon-aggregator-space.html) (197 words, Feb 1, 2024) - [Protecting family & their finances: Why we invested in Carefull - Commerce Ventures](/content/press/protecting-family-their-finances-why-we-invested-in-carefull.html) (231 words, Feb 1, 2024) - [Community as a Growth Hack with Karat Financial CEO Eric Wei - Commerce Ventures](/content/press/community-as-a-growth-hack-with-karat-financial-ceo-eric-wei.html) (141 words, Feb 1, 2024) - [The Future of Fleet Payments with Jay Dearborn, WEX - Commerce Ventures](/content/press/the-future-of-fleet-payments-with-jay-dearborn-wex/index.html) (144 words, Feb 1, 2024) - [Going Global in FinTech: Why We Invested in Clara - Commerce Ventures](/content/press/going-global-in-fintech-why-we-invested-in-clara/index.html) (199 words, Feb 1, 2024) - [The Trucking Industry is Ready for a Long-Overdue Digital Revolution - Commerce Ventures](/content/press/the-trucking-industry-is-ready-for-a-long-overdue-digital-revolution.html) (168 words, Feb 1, 2024) - [Refining the P2P Payments Network: Why We Invested in Neural Payments - Commerce Ventures](/content/press/refining-the-p2p-payments-network-why-we-invested-in-neural-payments.html) (190 words, Feb 1, 2024) - [Carefull - Commerce Ventures](/content/portfolio/carefull/index.html) (181 words, Nov 28, 2023) - [Payamigo - Commerce Ventures](/content/portfolio/payamigo/index.html) (160 words, Nov 28, 2023) - [Gridspace - Commerce Ventures](/content/portfolio/gridspace/index.html) (110 words, Nov 28, 2023) - [Portless - Commerce Ventures](/content/portfolio/portless/index.html) (115 words, Nov 27, 2023) - [Kin, Mudflap, MX, and Vestwell were recognized on the sector-leading Forbes Fintech 50 list - Commerce Ventures](/content/press/kin-mudflap-mx-and-vestwell-were-recognized-on-the-sector-leading-forbes-fintech-50-list.html) (14 words, Sep 11, 2023) - [Alloy and Kevel selected as top 100 retail tech companies by The Lead - Commerce Ventures](/content/press/alloy-and-kevel-selected-as-top-100-retail-tech-companies-by-the-lead.html) (143 words, Sep 11, 2023) - [Inbox Health raised $22.5M in a Series B round - Commerce Ventures](/content/press/inbox-health-raised-22-5m-in-a-series-b-round/index.html) (33 words, Sep 11, 2023) - [CNote co-founder and COO Yuliya Tarasava recognized in this year’s Inc. Magazine Female Founders 200 - Commerce Ventures](/content/press/cnote-co-founder-and-coo-yuliya-tarasava-recognized-in-this-years-inc-magazine-female-founders-200.html) (15 words, Sep 11, 2023) - [Pesto (FKA Pinglend) raised $11M in a Series A round - Commerce Ventures](/content/press/pesto-fka-pinglend-raised-11m-in-a-series-a-round/index.html) (24 words, Sep 11, 2023) - [Pensa adds James McCann to its Board of Directors - Commerce Ventures](/content/press/pensa-adds-james-mccann-to-its-board-of-directors/index.html) (9 words, Sep 11, 2023) - [Paystand and Vestwell Noted on the Inc. 5000 fastest-growing companies list - Commerce Ventures](/content/press/paystand-and-vestwell-noted-on-the-inc-5000-fastest-growing-companies-list.html) (128 words, Sep 11, 2023) - [Marpipe named as a top 15 most promising marketing and advertising startups by Insider - Commerce Ventures](/content/press/marpipe-named-as-a-top-15-most-promising-marketing-and-advertising-startups-by-insider.html) (51 words, Sep 11, 2023) - [BillGo, HMBradley, Marqeta, and MX recognized as top 200 FinTechs by CNBC - Commerce Ventures](/content/press/billgo-hmbradley-marqeta-and-mx-recognized-as-top-200-fintechs-by-cnbc.html) (122 words, Sep 11, 2023) - [Purple Dot - Commerce Ventures](/content/portfolio/purple-dot/index.html) (67 words, Aug 14, 2023) - [Class8 - Commerce Ventures](/content/portfolio/fleetops/index.html) (94 words, Aug 14, 2023) - [Treinta - Commerce Ventures](/content/portfolio/treinta/index.html) (74 words, Jun 7, 2023) - [Neural Payments - Commerce Ventures](/content/portfolio/neural-payments/index.html) (108 words, Jun 7, 2023) - [Clara - Commerce Ventures](/content/portfolio/clara/index.html) (48 words, Jun 7, 2023) - [Card91 - Commerce Ventures](/content/portfolio/card91/index.html) (74 words, Jun 7, 2023) - [Pesto - Commerce Ventures](/content/portfolio/pesto/index.html) (105 words, Jun 7, 2023) - [Mutual Confidentiality and Non-Disclosure Agreement Annual Meeting 2023 - Commerce Ventures](/content/mutual-confidentiality-and-non-disclosure-agreement-annual-meeting-2023.html): This mutual confidentiality and Non-Disclosure Agreement (this “Agreement”), dated and effective as of [DATE OF SIGNATURE], is made and entered into by and between [SIGNATORY NAME] (the “Attendee”), and Commerce Venture Management a Limited Liability Company organized under the laws of the State of Delaware with a place of business at 604 Mission Street, Suite (1,889 words, Feb 16, 2023) - [Mudflap - Commerce Ventures](/content/portfolio/mudflap/index.html) (153 words, Feb 1, 2023) - [Next-Gen Servicing - Commerce Ventures](/content/themes/next-gen-servicing/index.html): Loan origination and servicing is a notoriously slow and analog experience for consumers. But beyond the need to simply keep up, lenders could unlock improved repayment rates, faster collections, and enhanced experiences by implementing new streamlined solutions to modernize the servicing journey. Why Now? Consumer loan debt has exploded in the past few years, increasing (352 words, Jan 23, 2023) - [Reinforced Supply Chain - Commerce Ventures](/content/themes/reinforced-supply-chain/index.html): The global supply chain was brittle heading into COVID-19 and completely fell apart as the global pandemic froze factories, ports, and global transportation. Retailers and brands have responded by investing in technology to improve traceability, efficiency, and resiliency of their supply chains. Why Now? A combination of factors including COVID-19, the boom in e-commerce, US-China (340 words, Jan 23, 2023) - [The Blockchain Meets Retail - Commerce Ventures](/content/themes/the-blockchain-meets-retail/index.html): While the bloom is off the rose for crypto, retailers and brands continue to experiment with the blockchain as they look for new and exciting ways to engage consumers. Notable examples include Starbucks’ blockchain powered loyalty program,Gucci’s expansion into Roblox, and Dolce and Gabana’s multi-million dollar virtual dress sale. While it is too soon to (354 words, Jan 23, 2023) - [The FinTech SMB Bundle - Commerce Ventures](/content/themes/smb/index.html): Small businesses are rapidly growing in the United States and yesterday's mom and pop tools won't cut it for this generation of business owners. This means there’s also a massive opportunity for incumbents and challengers to become the system of record for small businesses. Many of today’s solutions are fragmented across several providers – including (418 words, Jan 23, 2023) - [CNote - Commerce Ventures](/content/portfolio/cnote/index.html) (121 words, Jan 18, 2023) - [Ledgible - Commerce Ventures](/content/portfolio/ledgible/index.html) (137 words, Jan 18, 2023) - [Autobooks - Commerce Ventures](/content/portfolio/autobooks/index.html) (90 words, Jan 18, 2023) - [Flipside - Commerce Ventures](/content/portfolio/flipside-crypto/index.html) (78 words, Jan 18, 2023) - [Dylan Fitzpatrick - Commerce Ventures](/content/team/dylan-fitzpatrick/index.html): Before joining Commerce Ventures, Dylan spent time on the investment teams at JMI Equity, where he focused on growth-stage B2B software investments, and 75 & Sunny Ventures, where he worked on early-stage proptech deals. Dylan earned his B.S. in Business Administration with a concentration in Finance from San Diego State University, where he helped run (93 words, Dec 21, 2022) - [Michele Battle - Commerce Ventures](/content/team/michele-battle/index.html): Michele joined Commerce Ventures in the Summer of 2022. She brings a wealth of administrative experience to the team. Before devoting her full-time work to Commerce Ventures, Michele spent several years at Quiet Capital as a Senior Executive Assistant. Prior to Quiet Capital, she practiced as a Paralegal & Administrator at local Chicago law firms, (94 words, Oct 14, 2022) - [Autobooks Announces $50M Series C - Commerce Ventures](/content/press/autobooks-announces-50m-series-c/index.html) (81 words, Aug 5, 2022) - [Socure Founder Johnny Ayers Named EY 2022 Founder of the Year - Commerce Ventures](/content/press/socure-founder-johnny-ayers-named-ey-2022-founder-of-the-year.html) (67 words, Aug 5, 2022) - [Prime Trust Announces $107M Series B - Commerce Ventures](/content/press/prime-trust-announces-107m-series-b/index.html) (88 words, Aug 5, 2022) - [Fountain Raises $100M at Near Unicorn Valuation - Commerce Ventures](/content/press/fountain-raises-100m-at-near-unicorn-valuation/index.html) (210 words, Aug 5, 2022) - [How Blockchain Could Power the Next Generation of Retail - Commerce Ventures](/content/press/how-blockchain-could-power-the-next-generation-of-retail.html) (150 words, Aug 5, 2022) - [Lululemon Launches Resale Across the US, Powered by Trove - Commerce Ventures](/content/press/lululemon-launches-resale-across-the-us-powered-by-trove.html) (140 words, Aug 5, 2022) - [Commerce Conversations - Commerce Ventures](/content/themes/commerce-conversations/index.html): What powers the brands and financial services we love to use? Commerce infrastructure, of course. The more consumers adopt digital products and demand fast, delightful experiences from their brands, the more this space grows. Commerce Conversations is a podcast from Commerce Ventures, where we dive into the most interesting emerging themes across retail tech and (262 words, Aug 4, 2022) - [Laura Genty - Commerce Ventures](/content/team/laura-genty/index.html): Laura joined the team in Spring 2022. Prior to Commerce Ventures, she held executive assistant roles at Bain & Company and the Boston Athletic Association (Boston Marathon). Laura graduated from Colgate University with a double major in History and French Literature. She lives in Colorado with her partner and their golden retriever, Chuck. Fun fact: (67 words, Jul 12, 2022) - [Strengthening the SMB: Why We Invested in Autobooks - Commerce Ventures](/content/strengthening-the-smb-why-we-invested-in-autobooks/index.html): ______________ There’s been a battle brewing to serve SMBs better with commerce enablement and financial services. Companies like Square, Intuit and Brex have attacked the opportunity directly by providing solutions across these product areas, while several startups (e.g. Mercury, Novo, Relay) are aiming to win over the commercial DDA and expand into other product areas. But millions of (680 words, Jul 12, 2022) - [Mutual Confidentiality and Non-Disclosure Agreement Annual Meeting 2022 - Commerce Ventures](/content/mutual-confidentiality-and-non-disclosure-agreement-annual-meeting-2022.html): This mutual confidentiality and Non-Disclosure Agreement (this “Agreement”), dated and effective as of [DATE OF SIGNATURE], is made and entered into by and between [SIGNATORY NAME] (the “Attendee”), and Commerce Venture Management a Limited Liability Company organized under the laws of the State of Delaware with a place of business at 604 Mission Street, Suite (1,873 words, May 13, 2022) - [Knight Fintech - Commerce Ventures](/content/portfolio/knight-fintech/index.html) (119 words, Jan 10, 2022) - [Zeal - Commerce Ventures](/content/portfolio/zeal/index.html) (113 words, Oct 11, 2021) - [Marpipe - Commerce Ventures](/content/portfolio/marpipe/index.html) (107 words, Oct 11, 2021) - [Prime Trust - Commerce Ventures](/content/portfolio/prime-trust/index.html) (162 words, Oct 11, 2021) - [Lithic - Commerce Ventures](/content/portfolio/lithic/index.html) (185 words, Oct 11, 2021) - [M10 - Commerce Ventures](/content/portfolio/m10/index.html) (75 words, Oct 8, 2021) - [Brenda Robbins - Commerce Ventures](/content/team/brenda-robbins/index.html): Brenda joined Commerce Ventures in July 2021 as Chief of Staff - RetailTech. Previously, Brenda was at Cambridge Associates, where her last role was managing a team of administrative assistants and overseeing a variety of projects. She started her career in retail as a baby gear buyer. Brenda graduated from Brandeis University with a major (83 words, Jul 21, 2021) - [Commerce Ventures raises $150 Million with fourth fund - Commerce Ventures](/content/press/commerce-ventures-raises-150-million-with-fourth-fund.html) (129 words, Jun 24, 2021) - [Forter raises $300 Million on $3 Billion valuation - Commerce Ventures](/content/press/forter-raises-300-million-on-3-billion-valuation/index.html) (8 words, Jun 24, 2021) - [Grabango raises $39 Million Series B, led by Commerce Ventures - Commerce Ventures](/content/press/grabango-raises-39-million-series-b-led-by-commerce-ventures.html) (87 words, Jun 24, 2021) - [Commerce Ventures Fund IV - Commerce Ventures](/content/commerce-ventures-fund-iv/index.html): SAN FRANCISCO, Calif. - June 17, 2021 Commerce Ventures, the leading venture firm focused on innovations across the retail and financial services ecosystems, today announced it has closed its fourth fund with over $150 million in committed capital - well above the original $120 million target and more than double the size of its last (635 words, Jun 17, 2021) - [Andreessen Horowitz Leads $27 Million Investment into Fintech Moov - Commerce Ventures](/content/press/andreessen-horowitz-leads-27-million-investment-into-fintech-moov.html) (87 words, May 6, 2021) - [Theatro Voted #1 Software Vendor in Technology Innovation by Tier One Retailers - Commerce Ventures](/content/press/theatro-voted-1-software-vendor-in-technology-innovation-by-tier-one-retailers.html) (12 words, May 6, 2021) - [Q2 Holdings Makes Digital Account Switching Fast and Easy with Acquisition of ClickSWITCH - Commerce Ventures](/content/press/q2-holdings-makes-digital-account-switching-fast-and-easy-with-acquisition-of-clickswitch.html) (209 words, May 6, 2021) - [Socure Closes $100 Million Raise Led by Accel to Eliminate ID Fraud and Ensure 100% Trust on the Internet - Commerce Ventures](/content/press/socure-closes-100-million-raise-led-by-accel-to-eliminate-id-fraud-and-ensure-100-trust-on-the-internet.html) (111 words, May 6, 2021) - [Forter Extends Data Intelligence to Reduce Fraud with Capital One Relationship - Commerce Ventures](/content/press/forter-extends-data-intelligence-to-reduce-fraud-with-capital-one-relationship.html) (11 words, May 6, 2021) - [Narvar announced as the #3 most innovative logistics company by Fast Company - Commerce Ventures](/content/press/narvar-announced-as-the-3-most-innovative-logistics-company-by-fast-company.html) (12 words, May 6, 2021) - [Marqeta Announces Partnership With Goldman Sachs on Marcus Checking Offering - Commerce Ventures](/content/press/marqeta-announces-partnership-with-goldman-sachs-on-marcus-checking-offering.html) (94 words, May 6, 2021) - [Jobs @ Commerce Ventures - Commerce Ventures](/content/jobs-commerce-ventures/index.html): Commerce Ventures is an early-stage venture capital firm focused on the Commerce Continuum. We invest in platform businesses which power the future of how consumers Shop (Retail / Commerce), Spend (Payments / Credit), Save (Banking / Investing) and Secure (Insurance) their financial lives. Our team has 60 years of combined venture capital, corporate strategy, deal-making (155 words, May 6, 2021) - [VC Associate Job Description - Commerce Ventures](/content/vc-associate-job-description/index.html): JOB SUMMARY Role: Investment Professional (VC Associate) Location: San Francisco, CA Compensation: Competitive within the VC industry Start Date: Summer 2025 JOB DESCRIPTION This investment professional will focus on supporting the fund’s investment activities in the retail and financial services industries. She/he will work closely with and as an integral part of our small and (613 words, May 4, 2021) - [Canary - Commerce Ventures](/content/portfolio/canary/index.html) (148 words, Apr 22, 2021) - [Rally - Commerce Ventures](/content/portfolio/rally/index.html) (117 words, Apr 15, 2021) - [HMBradley - Commerce Ventures](/content/portfolio/hmbradley/index.html) (169 words, Apr 15, 2021) - [ControlHub - Commerce Ventures](/content/portfolio/controlhub/index.html) (111 words, Apr 15, 2021) - [Cardless - Commerce Ventures](/content/portfolio/cardless/index.html) (133 words, Apr 15, 2021) - [Daniel J. Eckert - Commerce Ventures](/content/team/daniel-j-eckert/index.html): Before joining as Venture Partner for Commerce Ventures, Daniel spent the last decade in progressive levels of responsibility as a senior executive at Walmart Inc., where he served as a key member of the U.S. leadership team responsible for Walmart’s retail- and omni-channel business transformation. Daniel’s responsibilities spanned Walmart’s financial, retail, automated, and in-store pickup (291 words, Mar 5, 2021) - [Senior Associate Job Description - Commerce Ventures](/content/senior-associate-job-description/index.html): JOB SUMMARY Role: Investment Professional (VC Senior Associate) Location: San Francisco, CA Compensation: Competitive within the VC industry Start Date: Immediate - no later than summer 2024 JOB DESCRIPTION This investment professional will focus on supporting the fund’s investment activities in technology startups serving the retail and financial services industries. They will work closely with and as (644 words, Jan 29, 2021) - [Kevel- Durham advertising tech startup that helps companies compete with Google raises $11M - Commerce Ventures](/content/press/kevel-durham-advertising-tech-startup-that-helps-companies-compete-with-google-raises-11m.html) (13 words, Dec 10, 2020) - [Kevel - Commerce Ventures](/content/portfolio/kevel/index.html) (91 words, Dec 10, 2020) - [AI Fraud-Detection Company Forter Raises $125 Million - Commerce Ventures](/content/press/ai-fraud-detection-company-forter-raises-125-million.html) (116 words, Dec 4, 2020) - [Bill.com tops earnings expectations as more small businesses get back to work - Commerce Ventures](/content/press/bill-com-tops-earnings-expectations-as-more-small-businesses-get-back-to-work.html) (153 words, Nov 19, 2020) - [Forter and FreedomPay create joint fraud-blocking network for merchants and banks - Commerce Ventures](/content/press/forter-and-freedompay-create-joint-fraud-blocking-network-for-merchants-and-banks.html) (143 words, Nov 19, 2020) - [Bloom Credit Raises $13 million Series A - Commerce Ventures](/content/press/bloom-credit-raises-13-million-series-a/index.html) (106 words, Nov 19, 2020) - [Kin raises $35 million Series B led by Commerce Ventures - Commerce Ventures](/content/press/kin-raises-35-million-series-b-led-by-commerce-ventures.html) (119 words, Nov 19, 2020) - [Syte raises $30 million to expand in the US and Asia - Commerce Ventures](/content/press/syte-raises-30-million-to-expand-in-the-us-and-asia.html) (95 words, Nov 19, 2020) - [Grabango launches first major frictionless checkout at an existing store with Giant Eagle - Commerce Ventures](/content/press/grabango-launches-first-major-frictionless-checkout-at-an-existing-store-with-giant-eagle.html) (140 words, Nov 19, 2020) - [Levis launches “SecondHand” jeans buy-back and resale program powered by Trove - Commerce Ventures](/content/press/levis-launches-secondhand-jeans-buy-back-and-resale-program-powered-by-trove.html) (114 words, Nov 19, 2020) - [BillGO Raises $60 million Series B led by Commerce Ventures - Commerce Ventures](/content/press/billgo-raises-60-million-series-b-led-by-commerce-ventures.html) (138 words, Nov 19, 2020) - [Commerce Ventures Blog: How The Biden/Harris Win Might Affect Retail and Financial Services - Commerce Ventures](/content/press/commerce-ventures-blog-how-the-biden-harris-win-might-affect-retail-and-financial-services.html) (166 words, Nov 18, 2020) - [Liz Lessis - Commerce Ventures](/content/team/liz-lessis/index.html): Liz joined Commerce Ventures in 2020. She previously served as Controller at ASICS Digital, Inc. (formerly Runkeeper), a global division of ASICS Corporation focused on building digital technologies, and Gemvara, an e-commerce jewelry company. Liz began her career with DiCicco, Gulman & Company with a focus in assurance and taxation. She is a certified public (89 words, Sep 29, 2020) - [PrecisionGx - Commerce Ventures](/content/portfolio/precisiongx/index.html) (169 words, Sep 29, 2020) - [Mutual confidentiality and Non-Disclosure Agreement - Commerce Ventures](/content/mutual-confidentiality-and-non-disclosure-agreement.html): This mutual confidentiality and Non-Disclosure Agreement (this “Agreement”), dated and effective as of [DATE OF SIGNATURE], is made and entered into by and between [SIGNATORY NAME] (the “Attendee”), and Commerce Venture Management a Limited Liability Company organized under the laws of the State of Delaware with a place of business at 604 Mission Street, Suite (1,870 words, Sep 9, 2020) - [Four portfolio companies highlighted on Business Insider’s B2B FinTech Breakout List - Commerce Ventures](/content/press/four-portfolio-companies-highlighted-on-business-insiders-b2b-fintech-breakout-list.html) (56 words, Aug 19, 2020) - [SimonData named in Gartner’s 2020 Cool Vendor Report for multi-channel marketing - Commerce Ventures](/content/press/simondata-named-in-gartners-2020-cool-vendor-report-for-multi-channel-marketing.html) (48 words, Aug 19, 2020) - [Steady raised $15 million Series B financing led by Recruit Holdings - Commerce Ventures](/content/press/steady-raised-15-million-series-b-financing-led-by-recruit-holdings.html) (11 words, Aug 19, 2020) - [Socure recognized as a Gartner Cool Vendor in AI for banking and investment services. - Commerce Ventures](/content/press/socure-recognized-as-a-gartner-cool-vendor-in-ai-for-banking-and-investment-services.html) (53 words, Aug 19, 2020) - [Trove named one of the Top 10 Most Innovative Style Companies of 2020 - Commerce Ventures](/content/press/trove-named-one-of-the-top-10-most-innovative-style-companies-of-2020.html) (13 words, Aug 19, 2020) - [Canopy - Commerce Ventures](/content/portfolio/canopy/index.html) (178 words, Jul 17, 2020) - [Grow Credit Inc. - Commerce Ventures](/content/portfolio/grow-credit-inc/index.html) (61 words, Jul 17, 2020) - [CV Access Fellowship - Commerce Ventures](/content/cv-access-fellowship/index.html): Who is Commerce Ventures? Commerce Ventures is a venture capital investment firm based in San Francisco that focuses on early-stage investments in startups helping to digitize retail and financial services. Since our inception in early 2013, we have raised more than $250 million in assets under management and have invested in over 100 companies, including (863 words, Jun 22, 2020) - [CV Access Fellowship - Commerce Ventures](/content/themes/cv-access-fellowship/index.html): Who is Commerce Ventures? Commerce Ventures is a venture capital investment firm based in San Francisco that focuses on early-stage investments in startups helping to digitize retail and financial services. Since our inception in early 2013, we have raised more than $100 million in assets and have invested in over 60 startups companies, including several (883 words, Jun 22, 2020) - [Paystand - Commerce Ventures](/content/portfolio/paystand/index.html) (165 words, Jun 9, 2020) - [Marqeta Raised $150 Million at a $4.3 Billion Valuation - Commerce Ventures](/content/press/marqeta-raised-150-million-at-a-4-3-billion-valuation.html) (103 words, Jun 2, 2020) - [Socure named one of the “Top 25 Machine Learning Companies to Watch” by Forbes - Commerce Ventures](/content/press/socure-named-one-of-the-top-25-machine-learning-companies-to-watch-by-forbes.html) (48 words, Jun 2, 2020) - [Forter Released its Report on the Coronavirus Impact on eCommerce Fraud - Commerce Ventures](/content/press/forter-released-its-report-on-the-coronavirus-impact-on-ecommerce-fraud.html) (156 words, Jun 2, 2020) - [RetailNext Launched the ShopSafe Initiative to Help Retailers Open Stores Safely - Commerce Ventures](/content/press/retailnext-launched-the-shopsafe-initiative-to-help-retailers-open-stores-safely.html) (193 words, Jun 2, 2020) - [Commerce Ventures Blog: How will COVID-19 affect FinTech? Introducing the Three Waves - Commerce Ventures](/content/press/commerce-ventures-blog-how-will-covid-19-affect-fintech-introducing-the-three-waves.html) (325 words, Jun 2, 2020) - [Commerce Ventures Blog: The Three Waves: Wave 2 — Can we avoid a new financial crisis? - Commerce Ventures](/content/press/commerce-ventures-blog-the-three-waves-wave-2-can-we-avoid-a-new-financial-crisis.html) (169 words, Jun 2, 2020) - [Commerce Ventures Blog: The Third Wave of COVID: Industry Transformation - Commerce Ventures](/content/press/commerce-ventures-blog-the-third-wave-of-covid-industry-transformation.html) (154 words, Jun 2, 2020) - [Commerce Ventures Blog: Will Covid-19 be the End of Retail — Or Mark an Overdue Reset? - Commerce Ventures](/content/press/commerce-ventures-blog-will-covid-19-be-the-end-of-retail-or-mark-an-overdue-reset.html) (164 words, Jun 2, 2020) - [Trove (fka Yerdle) announced its partnership with Nordstrom to launch “See You Tomorrow” – Nordstrom’s first ReCommerce experience - Commerce Ventures](/content/press/trove-fka-yerdle-announced-its-partnership-with-nordstrom-to-launch-see-you-tomorrow-nordstroms-first-recommerce-experience.html) (26 words, Jun 2, 2020) - [Marqeta and Unison selected as part of the Forbes Fintech 50: The Most Innovative Fintech Companies in 2020 - Commerce Ventures](/content/press/marqeta-and-unison-selected-as-part-of-the-forbes-fintech-50-the-most-innovative-fintech-companies-in-2020.html) (120 words, Jun 2, 2020) - [Kasisto raised an additional $22 million for Conversational AI - Commerce Ventures](/content/press/kasisto-raised-an-additional-22-million-for-conversational-ai.html) (103 words, Jun 2, 2020) - [Forter selected as the leader in E-Commerce fraud prevention by Frost and Sullivan - Commerce Ventures](/content/press/forter-selected-as-the-leader-in-e-commerce-fraud-prevention-by-frost-and-sullivan.html) (59 words, Jun 2, 2020) - [SessionM was acquired by Mastercard to help Mastercard use data-driven insights to offer personalized guidance to brands - Commerce Ventures](/content/press/sessionm-was-acquired-by-mastercard-to-help-mastercard-use-data-driven-insights-to-offer-personalized-guidance-to-brands.html) (17 words, Jun 2, 2020) - [Theatro completed a $20 million Series C to continue to scale its voice-driven virtual assistant solution for physical retail and hospitality - Commerce Ventures](/content/press/theatro-completed-a-20-million-series-c-to-continue-to-scale-its-voice-driven-virtual-assistant-solution-for-physical-retail-and-hospitality.html) (26 words, Jun 2, 2020) - [CardNow - Commerce Ventures](/content/portfolio/rewardlayer/index.html) (110 words, Jun 2, 2020) - [Bill.com from Investment to IPO - Commerce Ventures](/content/themes/bill-com-from-investment-to-ipo/index.html): On December 12 of last year, accounts payable (A/P) automation pioneer Bill.com held its heavily oversubscribed initial public offering, raising a total of $216 million at $22 share, well above the initially expected $16-18 price range. Since the IPO, Bill.com’s shares have traded up to $55.81 per share as of February 7th, an increase of (600 words, Feb 10, 2020) - [Amino - Commerce Ventures](/content/portfolio/amino/index.html) (128 words, Dec 3, 2019) - [Commerce Ventures announces $60 million 3rd fund - Commerce Ventures](/content/press/commerce-ventures-announces-60-million-3rd-fund/index.html) (99 words, Dec 3, 2019) - [Pensa Systems raises $10 million to deploy inventory-tracking drones in retail stores - Commerce Ventures](/content/press/pensa-systems-raises-10-million-to-deploy-inventory-tracking-drones-in-retail-stores.html) (113 words, Nov 21, 2019) - [Bill.com files to go public - Commerce Ventures](/content/press/bill-com-files-to-go-public/index.html) (140 words, Nov 18, 2019) - [Bloom Credit - Commerce Ventures](/content/portfolio/bloom-credit/index.html) (162 words, Nov 9, 2019) - [Data: The Future of Insurance - Commerce Ventures](/content/themes/data-the-future-of-insurance/index.html): While InsurTech venture funding has reached record highs, the start-up ecosystem’s impact on the industry as a whole still feels relatively limited. One exception we have noticed over the past year has been in the underwriting & pricing space, as incumbents are showing an early willingness to work with -generation data-driven applications to enhance growth (690 words, Nov 6, 2019) - [Promise of Bill Pay - Commerce Ventures](/content/themes/promise-of-bill-pay/index.html): Bill pay has emerged as a key product to retain and engage customers in markets where loyalty is increasingly challenging. Recognition of this is driving increased competition to control the payment rails, value added services and user interfaces associated with bill pay. Four emerging trends are redefining the bill pay experience...and the players that control (831 words, Nov 6, 2019) - [Battle for Banking - Commerce Ventures](/content/themes/battle-for-banking/index.html): We are in the early stages of a multi-front battle to dominate banking in the U.S. market. Venture-backed neo-banks are focused on rapidly growing their account base through best-in-class digital marketing and user experience. Top retail banks are organically growing their existing deposit base by investing in tech and infrastructure. Non-bank tech players (e.g. Apple) (1,082 words, Nov 6, 2019) - [Ken Gavrity - Commerce Ventures](/content/network/ken-gavrity/index.html): Ken Gavrity is Head of Enterprise Payments for KeyCorp. He is responsible for the strategy, development and distribution of Key’s domestic and international payment offerings serving Key’s consumers, businesses, public entities and financial institutions across all Segments. He oversees all aspects of Key’s Consumer Debit and Credit Cards, Treasury Services, Commercial Card, International Trade and (261 words, Nov 5, 2019) - [Jonathan Price - Commerce Ventures](/content/network/jonathan-price/index.html): Jonathan Price serves as CEO of Q2. Price’s advisory experience spans nearly 19 years. He began his career in investment banking at Goldman Sachs before moving to Citi, and has spent the past nine years at BMO Capital Markets. Price specialized in providing M&A advisory and capital-raising solutions for vertical software and financial technology clients. (86 words, Nov 5, 2019) - [Chris Kay - Commerce Ventures](/content/network/chris-kay/index.html): Christopher E. Kay is an Executive Vice President with M&T Bank. In this role, Kay leads all aspects of consumer banking, business banking and marketing, including more than 750 branches across eight states and the District of Columbia. He is also a member of the bank’s Management Committee. Kay joined M&T in November of 2018 (172 words, Nov 5, 2019) - [Brock Weatherup - Commerce Ventures](/content/network/brock-weatherup/index.html): Brock is a CEO, entrepreneur, angel investor, builder of enterprise value, and passionate advocate for consumers and their interactions with digital media and E-commerce. Currently, he is the founder and CEO of Metamorphosis Partners a startup focused on building companies focused on the pet consumer leveraging digital technology. He was previously the EVP/Chief Innovation & (150 words, Nov 5, 2019) - [ClickSwitch simplifies recurring payments with $13m funding - Commerce Ventures](/content/press/clickswitch-simplifies-recurring-payments-with-13m-funding.html) (45 words, Oct 11, 2019) - [Snapsheet raises $29M to expand its SaaS offerings - Commerce Ventures](/content/press/snapsheet-raises-29m-to-expand-its-saas-offerings/index.html) (87 words, Oct 11, 2019) - [Payment card startup Marqeta confirms $260M round at close to $2B valuation - Commerce Ventures](/content/press/payment-card-startup-marqeta-confirms-260m-round-at-close-to-2b-valuation.html) (65 words, Oct 11, 2019) - [Forter achieves $100 Billion Transaction Milestone - Commerce Ventures](/content/press/forter-achieves-100-billion-transaction-milestone/index.html) (6 words, Oct 11, 2019) - [JPMorgan-backed $1 billion payments company Bill.com is picking bankers for an IPO - Commerce Ventures](/content/press/jpmorgan-backed-1-billion-payments-company-bill-com-is-picking-bankers-for-an-ipo.html) (66 words, Oct 11, 2019) - [Vestwell adds two female fintech leaders to its board - Commerce Ventures](/content/press/vestwell-adds-two-female-fintech-leaders-to-its-board.html) (145 words, Oct 11, 2019) - [Grabango is first to announce checkout-free pilot in major grocer - Commerce Ventures](/content/press/grabango-is-first-to-announce-checkout-free-pilot-in-major-grocer.html) (126 words, Oct 11, 2019) - [The Top 25 Financial Technology CTOs of 2019 - Commerce Ventures](/content/press/the-top-25-financial-technology-ctos-of-2019/index.html) (195 words, Oct 11, 2019) - [Kin raises $47 million and launches homeowner insurance carrier in disaster-prone areas - Commerce Ventures](/content/press/kin-raises-47-million-and-launches-homeowner-insurance-carrier-in-disaster-prone-areas.html) (57 words, Oct 11, 2019) - [Baton Systems raises $12 million for blockchain-inspired bank payments infrastructure - Commerce Ventures](/content/press/baton-systems-raises-12-million-for-blockchain-inspired-bank-payments-infrastructure.html) (128 words, Oct 11, 2019) - [Syte raised $21.5m to grow its lead in visual AI for retailers - Commerce Ventures](/content/press/syte-raised-21-5m-to-grow-its-lead-in-visual-ai-for-retailers.html) (12 words, Oct 11, 2019) - [Narvar enables Urban Outfitters customers to pick up packages at Walgreens - Commerce Ventures](/content/press/narvar-enables-urban-outfitters-customers-to-pick-up-packages-at-walgreens.html) (77 words, Oct 11, 2019) - [U.S. Bank embraces open banking with data-sharing agreements - Commerce Ventures](/content/press/u-s-bank-embraces-open-banking-with-data-sharing-agreements.html) (169 words, Oct 11, 2019) - [6 standout fintechs at Finovate 2019 - Commerce Ventures](/content/press/6-standout-fintechs-at-finovate-2019/index.html) (111 words, Oct 11, 2019) - [Q2 taps Socure for ID verification - Commerce Ventures](/content/press/q2-taps-socure-for-id-verification/index.html) (100 words, Oct 11, 2019) - [Fidel raises $18M to let developers build on top of payment data from Visa, Mastercard and Amex - Commerce Ventures](/content/press/fidel-raises-18m-to-let-developers-build/index.html) (142 words, Oct 11, 2019) - [Yerdle Announces $20m Series C - Commerce Ventures](/content/press/yerdle-announces-20m-series-c/index.html) (66 words, Oct 11, 2019) - [Insurers, Tech Firms Struggling to Keep Up With Cyber Risks - Commerce Ventures](/content/press/insurers-tech-firms-struggling-to-keep/index.html) (179 words, Oct 11, 2019) - [Trove - Commerce Ventures](/content/portfolio/yerdle/index.html) (159 words, Oct 11, 2019) - [Unison - Commerce Ventures](/content/portfolio/unison/index.html) (152 words, Oct 11, 2019) - [Steady - Commerce Ventures](/content/portfolio/steady/index.html) (101 words, Oct 11, 2019) - [Simon Data - Commerce Ventures](/content/portfolio/simon-data/index.html) (160 words, Oct 11, 2019) - [Quest Analytics - Commerce Ventures](/content/portfolio/quest-analytics/index.html) (105 words, Oct 11, 2019) - [Pensa Systems - Commerce Ventures](/content/portfolio/pensa-systems/index.html) (116 words, Oct 11, 2019) - [Mulberry - Commerce Ventures](/content/portfolio/mulberry/index.html) (185 words, Oct 11, 2019) - [Astrada - Commerce Ventures](/content/portfolio/astrada/index.html) (112 words, Oct 11, 2019) - [Clickswitch - Commerce Ventures](/content/portfolio/clickswitch/index.html) (153 words, Oct 11, 2019) - [Candex - Commerce Ventures](/content/portfolio/candex/index.html) (85 words, Oct 11, 2019) - [Bouncer - Commerce Ventures](/content/portfolio/bouncer/index.html) (110 words, Oct 11, 2019) - [Billgo - Commerce Ventures](/content/portfolio/billgo/index.html) (97 words, Oct 11, 2019) - [Baton - Commerce Ventures](/content/portfolio/baton/index.html) (128 words, Oct 11, 2019) - [Larry Mazza - Commerce Ventures](/content/network/larry-mazza/index.html): A recognized banking and financial services executive, Larry F. Mazza embraces industry disruption caused by technology, seeks “blue ocean” opportunities and motivates others to think bigger. A high-energy leader with an entrepreneurial mindset, Mazza builds strong professional partnerships through his philosophy of love, trust and commitment. Mazza is President and CEO of MVB Financial Corp. (202 words, Oct 11, 2019) - [Anton Hanebrink - Commerce Ventures](/content/network/anton-hanebrink/index.html): Anton serves as Chief Corporate Strategy & Development Officer and member of the executive management team at Intuit. Before returning to Intuit, Anton was the head of corporate development at Square. He also served as the financing lead for Square Capital, where he secured investments for Square's small business loan offering. Prior to Square, Anton (111 words, Oct 11, 2019) - [Souheil Badran - Commerce Ventures](/content/network/souheil-badran/index.html): Souheil serves as COO and member of the executive management at Northwestern Mutual. Previously, Souheil served as president of Alipay Americas, the world’s largest third-party payment platform. Prior to his beginning at Alipay, Badran served as President and Chief Executive Officer of Edo Interactive, Senior Vice President and General Manager of Digital River, and Senior (146 words, Oct 11, 2019) - [Bill Clerico - Commerce Ventures](/content/network/bill-clerico/index.html): Bill Clerico is the CEO and Co-Founder of WePay, a JPMorgan Chase company. Under his leadership and with a hard-working, values-driven and world-class team, Bill continues to drive the company’s vision, strategy, and growth. Bill is a frequent speaker, angel investor and advisor to entrepreneurs and technology companies and serves as a part-time partner at (87 words, Oct 11, 2019) - [Mark Goines - Commerce Ventures](/content/network/mark-goines/index.html): Mark has over 40 years of experience in Financial Services and Technology from Wells Fargo, Charles Schwab, Intuit (TurboTax and Quicken) as well as significant startup success including Mint.com and PassMark Security. Innovation and rapid growth are Mark’s passions. (41 words, Oct 11, 2019) - [Randy Reddig - Commerce Ventures](/content/network/randy-reddig/index.html): Randy Reddig has built products used by millions of people, including consumer and enterprise internet services, online games, media, and financial technology. A member of Square’s founding team, Randy co-authored Square’s initial payments platform, led the Inference internal products team, and spearheaded international banking partnerships across Europe, Asia, and Latin America. Randy currently advises and (62 words, Oct 11, 2019) - [Jason Gardner - Commerce Ventures](/content/network/jason-gardner/index.html): Jason Gardner is the founder and chief executive officer of Marqeta, Inc. Under his leadership Marqeta has defined the global standard for modern card issuing, developing an industry-leading issuer processor platform that now powers the world’s most innovative companies. Prior to Marqeta, Jason co-founded PropertyBridge, which became the leading rent and lease-related payment and transaction (180 words, Oct 11, 2019) - [Kausik Rajgopal - Commerce Ventures](/content/network/kausik-rajgopal/index.html): Kausik is the managing partner for McKinsey's Western US region and coleads the firm’s global financial technology efforts. He has worked primarily in the financial services and financial technology sectors, helping banks, wealth and asset managers, payments processors, telecommunication and technology companies, networks, commercial banks, and consumer credit providers address strategy, operations, and organizational issues. (105 words, Oct 11, 2019) - [Paul Garcia - Commerce Ventures](/content/network/paul-garcia/index.html): Paul R. Garcia, a pioneer in the financial services industry, became Chief Executive Officer of NDC’s Atlanta-based eCommerce line of business in June 1999. NDC eCommerce began operating as Global Payments Inc. on December 11, 2000, and the new company spun off from NDC on February 1, 2001. During his 14-year tenure as Chief Executive (273 words, Oct 11, 2019) - [Steven Holzer - Commerce Ventures](/content/network/steven-holzer/index.html): Stephen Holzer, is Citi’s Global Head of Digital Strategy, where he is responsible for defining and delivering a unifying and compelling digital vision and strategy across Citi, the deployment of world class digital capabilities, and the accelerated transformation of the enterprise to a digital-first organization. As part of his mandate Steven is responsible for the (174 words, Oct 11, 2019) - [John Berkley - Commerce Ventures](/content/network/john-berkley/index.html): John is the CEO of Cast & Crew, a leading provider of HR, payroll, accounting and productivity solutions for the Entertainment Industry. He was previously an Operating Executive at Silver Lake and served as SVP of Product for payment technology company Mercury, where he oversaw product, go-to-market, operations and program management. Prior to Mercury, he (119 words, Oct 11, 2019) - [Mike Massaro - Commerce Ventures](/content/network/mike-massaro/index.html): As Chief Executive Officer of Flywire, Mike has grown the business from a concept into the global and growing company it is today. He has overseen Flywire’s expansion in North America, Europe, and the Asia-Pacific regions while aligning Flywire’s international team with the company’s strategic direction and increasing the visibility of Flywire globally. Mike began (138 words, Oct 11, 2019) - [Theresa Gongora - Commerce Ventures](/content/network/theresa-gongora/index.html): Theresa Gongora is the senior vice president of North America Business Financial Service (BFS) for Global Payments. In this role, Theresa is responsible for business financial planning and portfolio management for Global Payments North American and Canadian merchant divisions, as well as worldwide pricing and analytics. Prior to her new role, she served as the (267 words, Oct 11, 2019) - [RJ Cilley - Commerce Ventures](/content/network/rj-cilley/index.html): RJ Cilley is currently the Chief Digital Officer at Hudson’s Bay Company where he leads a multi-billion dollar digital organization. RJ’s responsibilities include leading Digital product and strategy, digital customer experience, digital operations, dropship and driving the overall Digital business for the organization. Prior to being Chief Digital Officer, RJ was SVP and VP of (202 words, Oct 11, 2019) - [Greg Fancher - Commerce Ventures](/content/network/greg-fancher/index.html): As SVP, Chief Information Officer, Greg Fancher leads the development of innovative technological solutions that deliver exceptional customer and associate experiences. He ensures these solutions are in place to support the strategic and operational goals of EXPRESS and to deliver industry-leading customer service. Greg joined EXPRESS in 2018 with 20 years of IT leadership experience. (161 words, Oct 11, 2019) - [David Jaffe - Commerce Ventures](/content/network/david-jaffe/index.html): David Jaffe served as ascena’s CEO from 2002 to 2019 and as Chairman of the Board from 2016 to 2019. Previously, he had been President from 2002 to 2017, and Vice Chairman and Chief Administrative Officer from 2000 to 2002. Mr. Jaffe joined ascena in 1992 as Vice President, Business Development and became Senior Vice (86 words, Oct 11, 2019) - [Jason Pavona - Commerce Ventures](/content/network/jason-pavona/index.html): Jason is the Founder & CEO of Pazien, a digital commerce payments startup. Previously he served as EVP of Litle & Co. - the merchant processing platform that powers online commerce leaders such as Ancestry, Box, CafePress GoDaddy, Gilt, Overstock, Wayfair and Yext - where he led Product, Sales & Marketing strategy. In 2012, Vantiv (191 words, Oct 11, 2019) - [Next-Gen Grocery Tech - Commerce Ventures](/content/themes/next-gen-grocery-tech/index.html): Grocers are under intense pressure to address changing customer preferences while new tech-enabled competitors are gaining momentum. Many have turned to Instacart as a quick fix, but they all have (or will) realize that ceding their customers to a third party is a risky approach. An opportunity exists for one (or a few) startups to (547 words, Sep 18, 2019) - [Vestwell - Commerce Ventures](/content/portfolio/vestwell/index.html) (142 words, Sep 10, 2019) - [Tulip - Commerce Ventures](/content/portfolio/tulip/index.html) (123 words, Sep 10, 2019) - [Harvest - Commerce Ventures](/content/portfolio/harvest/index.html) (114 words, Sep 10, 2019) - [Theatro - Commerce Ventures](/content/portfolio/theatro/index.html) (130 words, Sep 10, 2019) - [Snapsheet - Commerce Ventures](/content/portfolio/snapsheet/index.html) (159 words, Sep 10, 2019) - [SavingStar - Commerce Ventures](/content/portfolio/saving-star/index.html) (177 words, Sep 10, 2019) - [Radius 8 - Commerce Ventures](/content/portfolio/radius-8/index.html) (71 words, Sep 10, 2019) - [Narvar - Commerce Ventures](/content/portfolio/narvar/index.html) (111 words, Sep 10, 2019) - [Marqeta - Commerce Ventures](/content/portfolio/marqeta/index.html) (114 words, Sep 10, 2019) - [Linqia - Commerce Ventures](/content/portfolio/linqia/index.html) (146 words, Sep 10, 2019) - [Interstellar - Commerce Ventures](/content/portfolio/interstellar/index.html) (142 words, Sep 10, 2019) - [Kin - Commerce Ventures](/content/portfolio/kin/index.html) (65 words, Sep 10, 2019) - [Fountain - Commerce Ventures](/content/portfolio/fountain/index.html) (75 words, Sep 10, 2019) - [Estimote - Commerce Ventures](/content/portfolio/estimote/index.html) (61 words, Sep 10, 2019) - [Covr - Commerce Ventures](/content/portfolio/covr/index.html) (100 words, Sep 10, 2019) - [Blooom - Commerce Ventures](/content/portfolio/blooom/index.html) (165 words, Sep 10, 2019) - [Mike Walsh - Commerce Ventures](/content/network/mike-walsh/index.html): Mike is a TMT Industry Advisor to Warburg Pincus, a leading global private equity firm. Until recently, he served as President and CEO of CyberSource Corporation, operating the world's leading payment gateway, which Visa acquired in 2010 for $2 billion. As an executive member of Visa's Operating Committee, Mike led the multi-year integration of the (142 words, Sep 10, 2019) - [Scott Thompson - Commerce Ventures](/content/network/scott-thompson/index.html): Scott is the CEO of Tuition.io, the leading employer enablement platform for student loan reimbursement benefits. Prior to Tuition.io, Scott held several senior leadership roles in online, payments and commerce-related companies, including serving as CEO of ShopRunner, CEO of Yahoo!, President and CTO of PayPal, EVP at Inovant (Visa) and CIO of Barclays Global Investors. (82 words, Sep 10, 2019) - [Nikhil Raj - Commerce Ventures](/content/network/nikhil-raj/index.html): Nikhil is a veteran tech executive with extensive experience in early and growth stage startups, as well as inside of large market leading incumbents. Most recently, Nikhil has served as Co-Founder & Chief Product Officer of Paysa, an employment and compensation data startup with backing from leading early stage investors, such as NEA. Previously, he (119 words, Sep 10, 2019) - [Vince Passione - Commerce Ventures](/content/network/vince-passione/index.html): Vince is CEO and founder of LendKey, driving the vision and strategy for the company while overseeing the executive management team. Vince has extensive experience running financial services and high tech companies. Before founding LendKey, Vince was the COO of DealerTrack, which built the nation’s first and largest credit portal connecting automotive dealerships to banks (140 words, Sep 10, 2019) - [Frank Mastrangelo - Commerce Ventures](/content/network/frank-mastrangelo/index.html): Frank Mastrangelo is a banking and payments veteran, having co-founded The Bancorp Bank and served as its CEO, President and COO at various points its inception in 1999. Previously, Frank served as SVP, CTO, and Co-Chair of the Technology Committee for the former Jefferson Bank, where he was responsible for setting the overall technical strategy (149 words, Sep 10, 2019) - [Tom Litle - Commerce Ventures](/content/network/tom-litle/index.html): Tom is the Former President and CEO of Litle & Co, the merchant processing platform that powers online commerce leaders such as Ancestry, Box, CafePress, GoDaddy, Gilt, Overstock, Wayfair and Yext. In 2012, Vantiv (NYSE:VNTV) acquired Litle for $361 million. Prior to Litle & Co, Tom was Founder and General Partner of Industry Ventures, a (116 words, Sep 10, 2019) - [Todd Krasnow - Commerce Ventures](/content/network/todd-krasnow/index.html): Todd served on the original management team of Staples, where he was instrumental in opening the world’s first office superstore and helped grow Staples to $7 billion in annual revenue by 1998. As EVP of Sales and Marketing, Todd also started and ran Staples’ catalog business. During his tenure, Todd won a gold “Clio” award (151 words, Sep 10, 2019) - [Anil Aggarwal - Commerce Ventures](/content/network/anil-aggarwal-copy-copy-4/index.html): Anil has been an innovator and leader in emerging payments and financial services for more than 12 years. Currently, he is the CEO of Shoptalk and Groceryshop and a Venture Partner with Oak HC/FT. Previously, Anil was Founder, Chairman and CEO of Money2020, the leading event for the payments industry. Prior to that, Anil was (137 words, Sep 9, 2019) - [Eduardo Castro-Wright - Commerce Ventures](/content/network/anil-aggarwal-copy-copy-copy-2/index.html): Eduardo is a Partner and Co-Founder of Alpha4 Ventures, an early-stage venture fund focused on investments in Latin America. Previously, Eduardo served as Vice Chairman of Walmart as well as CEO of Walmart U.S. (Walmart's largest business) and Walmart Global eCommerce (Walmart.com). Prior to Walmart, Eduardo was CEO of Honeywell’s Transportation and Power Systems Worldwide, (95 words, Sep 9, 2019) - [Greg Cohen - Commerce Ventures](/content/network/anil-aggarwal-copy-copy-3/index.html): Greg was the President of iPayment, a payment processor with more than $25 billion of annual volume. Prior to joining iPayment, Greg served as Chief Strategy & Revenue Officer at Merchant Warehouse. He joined Merchant Warehouse from VeriFone, where he served as the SVP and General Manager for VeriFone Commerce Solutions. Prior to VeriFone, Greg (161 words, Sep 9, 2019) - [John Goldsmith - Commerce Ventures](/content/network/anil-aggarwal-copy-copy-2/index.html): John is an active angel investor, whose portfolio includes market leaders such as Betterment, Boxed Wholesale, Bread Finance (board member), Gerson Lehrman Group (board member), Kyruus and Phosphorous as well as earlier-stage ventures including Amava, Axial Market, Boomtown!, Concourse, Debtsy, Eave, Ecree, HowGood, Indigo Education, Openly and Vetcove. Prior investments include Datalot, Lux Research, Recombine (133 words, Sep 9, 2019) - [Pete Kight - Commerce Ventures](/content/network/anil-aggarwal-copy-copy/index.html): Pete is an independent investor and advisor to private companies. He was recently Managing Partner at Comvest Partners, which he joined in 2010. Prior to joining Comvest, Pete was the Founder, Chairman, and CEO of CheckFree Corporation, which he led from start-up in 1981 until December 2007 when it was sold to Fiserv (FISV) for (125 words, Sep 9, 2019) - [Network - Commerce Ventures](/content/network/index.html) (315 words, Sep 9, 2019) - [Latest - Commerce Ventures](/content/latest/index.html) (77 words, Sep 8, 2019) - [Portfolio - Commerce Ventures](/content/portfolio/index.html) (207 words, Sep 8, 2019) - [Dan Rosen - Commerce Ventures](/content/team/dan-rosen/index.html): Dan has been investing in tech and infrastructure startups for over 20 years. He is passionate about helping founders navigate the startup journey and the pursuit of product-market fit. In addition to being the Founder of the firm, Dan leads the CV’s FinTech investment team and is a member of the management committee. He serves (194 words, Sep 8, 2019) - [Matt Nichols - Commerce Ventures](/content/team/matt-nichols/index.html): Matt has been an investor in and operator of early-stage technology companies for more than 20 years. He leads the firm’s commerce infrastructure/retail technology investment team and is a member of the management committee. He serves on the boards of several portfolio companies, including Pensa and Instock. Prior to Commerce Ventures, Matt was the CEO (174 words, Sep 8, 2019) - [Ysbrant Marcelis - Commerce Ventures](/content/team/ysbrant-marcelis/index.html): Ysbrant has been an operating executive in the financial services and commerce industries for more than 15 years. His experience includes leading strategy and business development across four continents for Fortune 500 companies as well as venture-backed companies. He leads the corporate development team, oversees the firm’s thematic analysis process, and is a member of (174 words, Sep 8, 2019) - [Vivek Krishnamurthy - Commerce Ventures](/content/team/vivek-krishnamurthy/index.html): At Commerce Ventures, Vivek focuses on tech-first opportunities in FinTech & InsurTech - as well as where these two categories intersect with other verticals. He works closely with a number of CV companies, including Bureau, Canary Technologies, Flueid, Mudflap, Zeal and Zentist. Vivek was previously a member of the investment banking team at Financial Technology (124 words, Sep 8, 2019) - [Andrea Fitzhenry - Commerce Ventures](/content/team/andrea-fitzhenry/index.html): Andrea has been a member of the Commerce Ventures team since 2014. Since joining she has helped with a variety of administrative efforts including executive support and event planning. Previously, she has held Executive and Marketing Assistant roles at Highland Capital Partners and Pyramid Management Group. Andrea graduated from Massachusetts College of Liberal Arts with (101 words, Sep 8, 2019) - [Forter - Commerce Ventures](/content/portfolio/forter/index.html) (125 words, Sep 8, 2019) - [InAuth - Commerce Ventures](/content/portfolio/inauth/index.html) (98 words, Sep 8, 2019) - [Retail Next - Commerce Ventures](/content/portfolio/retail-next/index.html) (168 words, Sep 8, 2019) - [Updater - Commerce Ventures](/content/portfolio/updater/index.html) (173 words, Sep 8, 2019) - [Terms of Service - Commerce Ventures](/content/terms-of-service/index.html): The information on these pages is intended solely for the benefit of entrepreneurs seeking venture capital investments. Commerce Ventures is not offering investment advisory services nor is it offering to sell securities. Please send any comments or questions concerning this website to info@commerce.vc. This page, and all contents, are copyright ©2019 Commerce Ventures Management LLC. (61 words, Sep 7, 2019) - [Privacy Policy - Commerce Ventures](/content/privacy-policy/index.html) (205 words, Sep 7, 2019) - [Approach - Commerce Ventures](/content/approach/index.html) (307 words, Sep 7, 2019) - [Sector - Commerce Ventures](/content/sector/index.html) (150 words, Sep 7, 2019) - [Pete Kight - Commerce Ventures](/content/team/pete-kight/index.html): Pete is a senior advisor to Commerce Ventures and an active independent angel investor. He has been involved since the inception of our firm and works closely with Commerce Ventures on investments and thematic work in the payments and banking fields. Pete was the Founder, Chairman, and CEO of CheckFree Corporation, which he led from (141 words, Jul 17, 2019) ## About Pages - [Team - Commerce Ventures](/content/team/index.html) (2,279 words, Sep 8, 2019) - [About - Commerce Ventures](/content/about/index.html) (66 words, Sep 7, 2019) ## Resources - [Full Page Index](/index.html): Browse all cached pages with rich metadata - [About This Cache](/content/about.html): Methodology, technical details, and usage guidelines - [XML Sitemap](/sitemap.xml): Machine-readable sitemap for crawler discovery - [Robots.txt](/robots.txt): Crawler directives