Commerce Ventures
SelectiveFiled to raiseSan Francisco, CAEnergy, HealthcareLast fund filed August 2023
3 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| Commerce Ventures V-A | August 2023 | $14M | $11M | 85 |
| Commerce Ventures V | August 2023 | $140M | $140M | 49 |
| Commerce Ventures IV | June 2021 | $138M | $138M | 58 |
| Commerce Ventures IV-A | June 2021 | $14M | $13M | 92 |
| Commerce Ventures IIIFiled to raise in 2018, with no closing reported yet. |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
3 partners are named across this firm’s filings, 3 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| Daniel Rosen | Slowing | Fintech, Climate & energy, Digital health | 18 | 1 |
Classified sectors of Commerce Ventures’s own portfolio companies, based on 18 with a verified or cited source.
| Firm | Shared boards | Companies |
|---|---|---|
| Alliance Of Angels Seed | 18 | Algenesis, BillGO, Bloom Credit, ClickSWITCH Holdings, d1g1t, Dine Bidziil, Ezra Climate, Group 47, HM Bradley, Inbox Health, Kin Insurance, Moov Financial, New York Sun Co, Socure, Solara, TERRACYCLE, TRANSFORMATIVEMED, TREASUREBEE |
| Bain Capital Ventures | 2 | Bloom Credit, Moov Financial |
| Accel | 1 | Socure |
| 2018 |
| $60M |
| $0 |
| 0 |
| Commerce Ventures II | August 2015 | $40M | $26M | 30 |
| Commerce Ventures | February 2013 | $20M | $13M | 36 |
| Matt Nichols | Slowing | Logistics & supply chain | 4 | 1 |
| Ysbrant Marcelis | Quiet | None listed | 0 | 0 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Commerce Ventures’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| 1 |
| Bloom Credit |
| Cohen Circle | 1 | ClickSWITCH Holdings |
| Cyber Innovation Partners | 1 | Bloom Credit |
| ff Venture Capital | 1 | Socure |
| Lobby Capital | 1 | Kin Insurance |
| Missionog | 1 | d1g1t |
| QED | 1 | Kin Insurance |
| Scale Venture Partners | 1 | Socure |
| Social Leverage | 1 | Grabango |
| Valor Siren Ventures | 1 | Daily Grabs |
| Westlake Biopartners | 1 | Kin Insurance |
A shared board seat: a company where filings name a Commerce Ventures partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.