About CommerzVentures
CommerzVentures is a venture capital firm founded in 2014. It is primarily based out of Frankfurt Am Main, Germany. As of Jun 2026, CommerzVentures is an active investor, having invested in 45 companies, with 4 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 A round of Gradient Labs Overall, CommerzVentures portfolio has seen 2 unicorns, 2 IPOs and 7 acquisitions including key companies like eToro, Marqeta and Mambu. A lot of funds co-invest with CommerzVentures, with names like Acton Capital sharing a substantial percentage of its portfolio. CommerzVentures has team of 8 people including 2 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 8 more locations. They have invested in Enterprise Applications, FinTech, Retail and 11 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: $1B+ as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $423M
- Employee Count: 2,711 as on May 31, 2026
- Investors: Galtymore Partners, West Coast Equity Partners and 45 Others
- Latest Funding Round: Series F, Mar 21, 2023, $*****
- Highlight: Public

2. Marqeta
Provider of a platform for modern card issuing and payment solutions. The platform allows businesses to integrate end-to-end credit and payment solutions. It enables the creation of tailored payment experiences and new card products. The platform offers features such as spend controls, fraud detection, and compliance tools. It facilitates the issuing of virtual cards and supports global expansion. The platform provides open APIs for creating payment products.
Key facts about Marqeta
- Founded Year: 2010
- Location: Oakland (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $528M
- Employee Count: 1,014 as on May 31, 2026
- Investors: HTIF, Harvest Growth Capital and 62 Others
- Latest Funding Round: Series E, Oct 08, 2020, $*****
- Highlight: Public

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: €100M - €500M as on Oct 31, 2024
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $446M
- Employee Count: 782 as on May 31, 2026
- Investors: TCV, 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: 463 as on May 31, 2026
- Investors: Partech Partners, Arzan Venture Capital and 17 Others
- Latest Funding Round: Series C, May 05, 2025, $*****
- Highlight: Editors' Pick
5. 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: £100M - £500M as on Dec 31, 2023
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $84.3M
- Employee Count: 588 as on May 31, 2026
- Investors: 10x Group, Redline Capital Management and 38 Others
- Latest Funding Round: Conventional Debt, Nov 11, 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 4 investments, while as of Jun 2026, it has made 2 investments in this year. Its most recent first time investment was in Gradient Labs and most recent follow-on round was in MoneyFellows.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 3 | 1 | 4 |
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 $18.1M, 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, High Tech and Vertical SaaS. Notably, it has invested in 45 Tech companies, 33 Enterprise (B2B) companies, 31 Software companies and at least 15 companies focusing on Saas.Sector | No. of Investments |
|---|---|
FinTech | 35 |
Enterprise Applications | 27 |
InsurTech | 8 |
High Tech | 7 |
Vertical SaaS | 7 |
Others | 43 |
Note: We have considered here, only first round of investments
CommerzVentures' Investments by Geography
CommerzVentures has made most investments in United Kingdom (14), followed by Germany where it has made 11 investments.Country | No. of Investments |
|---|---|
United Kingdom | 14 |
Germany | 11 |
United States | 7 |
Sweden | 3 |
France | 2 |
Others | 7 |
Note: We have considered here, only first round of investments
CommerzVentures' recent investments
CommerzVentures has made 2 investments in 2026 so far - Gradient Labs and Artificial Labs.Here are the most recent investments by CommerzVentures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 01, 2026 | United Kingdom | Series A | 8983 | [+2] | |
Feb 03, 2026 | United Kingdom | Series B | 8381 | ||
Nov 19, 2025 | France | Series A | 3475 | [+5] | |
Sep 23, 2025 | Germany | Series A | 2965 | [+3] | |
May 05, 2025 | Egypt | Series C | 2058 | [+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 |
|---|---|---|---|---|---|---|---|
52 | Provider of cloud-based platform for pet insurance | 2012 | London | Series D | wcdictr | ||
73 | Provider of cloud banking platform delivering composable banking and financial experiences | 2011 | Amsterdam | Series E | rgwzuwp |
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 | 4919 | |
Jun 09, 2021 | Oct 27, 2015 | Series C | 5243 |
Acquired companies in CommerzVentures' Portfolio
7 companies from CommerzVentures' portfolio have been acquired. The most recent acquisition was Flock in Feb 2026 by Admiral Group for $*****.Here are CommerzVentures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 12, 2026 | Feb 27, 2023 | Series B | 9642 | |
Aug 07, 2025 | Jul 11, 2024 | Series A | 2854 | |
Feb 25, 2025 | Apr 29, 2019 | Series B | 7025 | |
Apr 25, 2023 | May 20, 2020 | Series B | 5047 | |
Mar 08, 2021 | Jul 01, 2020 | Series A | 6397 |
Team profile of CommerzVentures
CommerzVentures has a team of 8 members including 2 Partners, 3 Venture Partners and 3 Principals located in Germany and South Africa. CommerzVentures' team does not sit on the board of any company as of now.Here is a list of all team members in CommerzVentures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Frankfurt Am Main | - | ||
Partner | Munich | - | ||
Venture Partner | Munich | - | - | |
Venture Partner | - | - | - | |
Venture Partner | - | - | - | |
Principal | South Africa | - | - | |
Principal | - | - | - | |
Principal | - | - | - |
Co-investors of CommerzVentures
Over the past 11 years, 428 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 200 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 110 investors have invested in CommerzVentures's portfolio after their investments. Top Investors include SBI Investment (2 companies), Vitruvian Partners (2 companies) and Symbiotics Group (2 companies).
Recent News related to CommerzVentures
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Gradient Labs Doubles Series A to $26MTech Funding News•Jun 01, 2026•Gradient Labs, CommerzVentures, Octopus Ventures
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Gradient Labs Doubles Series A Funding to £20mBusinessCloud•Jun 01, 2026•CommerzVentures, Octopus Ventures
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Investment Sunhat: 9.2 million euros for German AI startup that verifies dataTrending Topics•Sep 23, 2025•Sunhat, xdeck.ventures, EnBW New Ventures, CommerzVentures and 3 others
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