About CommerzVentures
CommerzVentures is a venture capital firm founded in 2014. It is primarily based out of Frankfurt Am Main, Germany. As of Feb 2026, CommerzVentures is an active investor, having invested in 45 companies, with 5 new investments in the last 12 months. It primarily invests in Series B round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Retail. Most recently it participated in the $***** Series B round of Artificial Labs Overall, CommerzVentures portfolio has seen 2 unicorns, 2 IPOs and 6 acquisitions including key companies like eToro, Mambu and Marqeta. A lot of funds co-invest with CommerzVentures, with names like Acton Capital sharing a substantial percentage of its portfolio. CommerzVentures has team of 15 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 3 more
Portfolio Acquisitions
Deals in last 12 months
CommerzVentures' List of Top Investments
CommerzVentures has a portfolio of 45 companies, including 2 unicorns. Their most notable investments are in Doconomy and Doconomy.Their portfolio spans across United Kingdom, Germany, United States and 9 more locations. They have invested in Enterprise Applications, FinTech, Retail and 12 other sectors, across stages such as Series A, Series B and 3 more. Here is the list of top investments by CommerzVentures:
1. eToro
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs. It enables users to copy the traders of the community and also helps traders to earn extra income by sharing portfolios. It allows trading in stocks, ETFs, indices, currencies, and commodities.
Key facts about eToro
- Founded Year: 2007
- Location: Tel Aviv (Israel)
- Annual Revenue: $5.23B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $423M
- Employee Count: 2,720 as on Jan 31, 2026
- Investors: Galtymore Partners, 2B Global and 44 Others
- Latest Funding Round: Series F, Mar 21, 2023, $*****
- Highlight: Public
2. Iwoca
Provider of an online platform for working capital loans. It provides users with business loans with a short-term tenure. It also serves a wide range of industries including retailers, restaurants, hotels, and service providers. It also offers the government-backed Coronavirus Business Interruption Loan Scheme (CBILS) for businesses affected by the global pandemic. It provides a loan calculator for calculating monthly payments and total interest for the acquired loan.
Key facts about Iwoca
- Founded Year: 2011
- Location: London (United Kingdom)
- Annual Revenue: £143M as on Dec 31, 2023
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $84.3M
- Employee Count: 432 as on Dec 31, 2024
- Investors: Prime Ventures, 10x Group and 38 Others
- Latest Funding Round: Conventional Debt, Nov 11, 2024, $*****
- Highlight: Editors' Pick

3. Mambu
Provider of cloud banking platform delivering composable banking and financial experiences. The platform offers core banking functionality, including lending, deposits, and payments. It allows institutions to build and scale financial products. The platform provides tools for integration with other services. It supports the creation of customer-centric offerings.
Key facts about Mambu
- Founded Year: 2011
- Location: Amsterdam (Netherlands)
- Annual Revenue: €133M as on Oct 31, 2024
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $446M
- Employee Count: 763 as on Jan 31, 2026
- Investors: Acton Capital, Tiger Global Management and 15 Others
- Latest Funding Round: Series E, Dec 09, 2021, $*****
- Highlight: Editors' Pick
4. MoneyFellows
App-based social savings and lending platform. It provides a platform for managing the rotating savings and credit groups. Its features include an online platform that allows people to form circles on the app to pool money using periodic payments. Its application is available on the Android platform.
Key facts about MoneyFellows
- Founded Year: 2014
- Location: Cairo (Egypt)
- Stage: Series C
- Total Funding till date: $60M
- Employee Count: 130 as on Jul 01, 2024
- Investors: British International Investment, Development Partners International and 17 Others
- Latest Funding Round: Series C, May 05, 2025, $*****
- Highlight: Editors' Pick
5. Tuum
Provider of a cloud-native API-first core banking platform.The platform follows the microservice architecture and is composed of independent modules that cover end-to-end everyday banking processes. It allows banks to operate multiple business lines from a single system, including accounts, lending, payments and cards, as well as go further through access to a pre-configurated ecosystem of partner solutions.
Key facts about Tuum
- Founded Year: 2019
- Location: Tallinn (Estonia)
- Annual Revenue: €3.68M as on Dec 31, 2023
- Stage: Series B
- Total Funding till date: $49.8M
- Employee Count: 126 as on Jan 05, 2026
- Investors: Citi Ventures, Sagard and 10 Others
- Latest Funding Round: Series B, Mar 14, 2024, $*****
- Highlight: Editors' Pick
CommerzVentures' Year-on-Year Investment Trends
CommerzVentures has invested in 45 companies over the last 11 years, with an average of 4 new investments annually in the last 10 years. In 2025, it made 5 investments, while as of Feb 2026, it has made 1 investment in this year. Its most recent first time investment was in Artificial Labs and most recent follow-on round was in MoneyFellows.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 4 | 1 | 5 |
2024 | 5 | 2 | 7 |
2023 | 3 | 1 | 4 |
2022 | 5 | 3 | 8 |
2021 | 6 | 3 | 9 |
2020 | 6 | 1 | 7 |
2019 | 1 | 3 | 4 |
2018 | 3 | 1 | 4 |
2017 | 3 | 2 | 5 |
CommerzVentures' Investments by Stage
CommerzVentures has made 21 investments in Series A stage with an average round size of $19M, 16 investments in Series B stage with an average round size of $27.9M, 3 investments in Series C stage with an average round size of $34.4M, 2 investments in Seed stage with an average round size of $5.41M and 2 investments in Series D stage with an average round size of $181M.Stage of entry | No. of Investments |
|---|---|
Series A | 21 |
Series B | 16 |
Series C | 3 |
Seed | 2 |
Series D | 2 |
Note: We have considered here, only first round of investments
CommerzVentures' Investments by Sector
CommerzVentures has a diverse portfolio, with companies operating in the FinTech, Enterprise Applications, InsurTech, Vertical SaaS and Consumer. Notably, it has invested in 45 Tech companies, 33 Enterprise (B2B) companies, 30 Software companies and at least 15 companies focusing on Saas.Sector | No. of Investments |
|---|---|
FinTech | 36 |
Enterprise Applications | 27 |
InsurTech | 8 |
Vertical SaaS | 8 |
Consumer | 7 |
Others | 47 |
Note: We have considered here, only first round of investments
CommerzVentures' Investments by Geography
CommerzVentures has made most investments in United Kingdom (15), followed by Germany where it has made 10 investments.Country | No. of Investments |
|---|---|
United Kingdom | 15 |
Germany | 10 |
United States | 7 |
Sweden | 3 |
Israel | 2 |
Others | 7 |
Note: We have considered here, only first round of investments
CommerzVentures' recent investments
CommerzVentures has made 1 investments in 2026 so far - Artificial Labs.Here are the most recent investments by CommerzVentures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 03, 2026 | United Kingdom | Series B | 6314 | ||
Nov 19, 2025 | United Kingdom | Series A | 6734 | [+5] | |
Sep 23, 2025 | Germany | Series A | 7405 | [+3] | |
May 05, 2025 | Egypt | Series C | 4801 | [+2] | |
Mar 14, 2025 | United States | Series A | 1740 | [+2] |
Unicorns in CommerzVentures' Portfolio
CommerzVentures has 2 unicorns in its portfolio - ManyPets and Mambu. The most recent unicorn in their portfolio is ManyPets. It became a unicorn in 2021.Here is a list of unicorns in CommerzVentures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
61 | Provider of cloud-based platform for pet insurance | 2012 | London | Series D | q{kikmm | ||
71 | Provider of cloud banking platform delivering composable banking and financial experiences | 2011 | Amsterdam | Series E | hysfqbn |
IPOs and Publicly Listed companies in CommerzVentures' Portfolio
2 of CommerzVentures' portfolio companies have become public. eToro got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in May 2025 at marketcap of $2.31B and Marqeta got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $14.3B.Here are CommerzVentures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 14, 2025 | Apr 20, 2015 | Series D | 3632 | |
Jun 09, 2021 | Oct 27, 2015 | Series C | 4787 |
Acquired companies in CommerzVentures' Portfolio
6 companies from CommerzVentures' portfolio have been acquired. The most recent acquisition were Lemon Markets in Aug 2025 by Dwpbank.Here are CommerzVentures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 07, 2025 | Jul 11, 2024 | Series A | 3767 | |
Feb 25, 2025 | Apr 29, 2019 | Series B | 4445 | |
Apr 25, 2023 | May 20, 2020 | Series B | 1353 | |
Mar 08, 2021 | Jul 01, 2020 | Series A | 5385 | |
Jul 17, 2019 | Feb 14, 2018 | Series B | 6342 |
Team profile of CommerzVentures
CommerzVentures has a team of 15 members including 4 Partners, 3 Venture Partners and 5 Principals located in Germany and South Africa. CommerzVentures' team sits on the board of 3 companies.Here is a list of top team members in CommerzVentures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Frankfurt Am Main | - | ||
Partner | Munich | - | ||
Partner | Frankfurt Am Main | |||
Partner | Frankfurt Am Main | |||
Venture Partner | Munich | - | - | |
Venture Partner | - | - | - | |
Venture Partner | - | - | - | |
Principal | Frankfurt Am Main | - | ||
Principal | South Africa | - | - | |
Principal | - | - | ||
Principal | - | - | - |
Co-investors of CommerzVentures
Over the past 11 years, 417 investors have co-invested in CommerzVentures's portfolio companies. This includes funds and angels.
- Invested before CommerzVentures: Anthemis Group, Plug and Play Tech Center and 190 others have invested in rounds before CommerzVentures. There are 3 companies where Anthemis Group has invested before CommerzVentures and 2 companies where Plug and Play Tech Center has invested before CommerzVentures.
- Top Co-investors of CommerzVentures: 116 investors entered a company along with CommerzVentures. These include investors like Acton Capital (4 companies).
- Invested after CommerzVentures: A total of 109 investors have invested in CommerzVentures's portfolio after their investments. Top Investors include SBI Investment (2 companies), Symbiotics Group (2 companies) and Vitruvian Partners (2 companies).
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