Commerce Ventures
Commerce Ventures is a San Francisco-based early-stage venture capital firm founded in 2013. The firm invests in technology innovators focused on building the infrastructure for the future of retail and financial services. It primarily targets early-stage companies, typically from Seed to Series A, that have established a core team and demonstrated early product-market fit. The firm operates under a thematic framework called the "Commerce Continuum," concentrating on Retail Tech, Payment Tech, Insurance Tech, and Banking Tech. Commerce Ventures manages over $500 million across five funds and
Investing activity
Commerce Ventures appears in 1 AI deal tracked by the AI Lounge deals desk, rounds totalling $15M. The rounds are mostly Seed, with a median round size of $15M. The most recent is ReFiBuy (Seed, $15.3M, May 2026).
Commerce Ventures most often invests alongside NewRoad Capital Partners, Silicon Road Ventures, Incubate Fund and G20 Ventures, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Commerce Ventures
What AI companies has Commerce Ventures invested in?
Commerce Ventures's AI investments include ReFiBuy. The 1 round on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Commerce Ventures based?
Commerce Ventures is based in San Francisco, California, United States.
What stage does Commerce Ventures invest at?
In the rounds tracked on AI Lounge, Commerce Ventures has invested at Seed, with a median round of $15M.
Who does Commerce Ventures co-invest with?
Commerce Ventures's most frequent co-investors on AI Lounge are NewRoad Capital Partners (1 deal), Silicon Road Ventures (1 deal), Incubate Fund (1 deal), G20 Ventures (1 deal) and Ridge Ventures (1 deal).
How can founders reach Commerce Ventures?
Founders on AI Lounge can see Commerce Ventures's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Commerce Ventures to their Investor Pipeline to track the conversation.