Commerce Ventures

Venture Capital

Early-stage VC firm investing in next-generation technology innovators in retail and financial services industries.

San Francisco, United States · 79+ investments · 125 portfolio companies

Seed
Early Stage
Fintech
Insurtech
Payments
Retail
Headquarters
San Francisco, United States
Founded
2013
AUM
$150.0M
Portfolio Companies
125
Total Investments
79
Last Investment
Jun 2026
Geographic Focus
United States

Investment Thesis

Backs founders building platforms across fintech, retail tech, and insurance tech enabling digital transformation of industry incumbents.

Commerce Ventures is a Venture Capital firm based in San Francisco, United States. It has made 79 investments in Fintech and Insurtech, including Harvest, Cardless and ReFiBuy.

Portfolio125

Co-investors24

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24 co-investors across 146 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×18 · Hedge Fund ×2 · Accelerator ×2 · 48 shared rounds

Investment History

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