Commerce Ventures

We've been backing the incredible team at Constrafor since 2021 and are thrilled to continue supporting them on their journey! The construction sector faces some of its toughest challenges yet—tight margins, cash flow constraints, supply chain disruptions, and labor shortages. Constrafor is stepping up to transform the industry with cutting-edge solutions such as a?modernized platform?streamlining subcontractor management and their Early Pay Program (EPP)?which accelerates payments and addresses critical cash flow needs. Constrafor is turning one of the most challenging industries into a hub of innovation, leveraging technology and finance to unlock new possibilities for contractors and subcontractors alike.

It was a no brainer to continue supporting Cardless on their journey to unlock next-generation co-brand credit card issuance. While co-brand credit cards are used, widely - only a small number of brands run traditional programs successfully that achieve meaningful scale and ROI. Cardless is changing that by using its modern platform to enable brands of all sizes to launch tailored card programs in weeks, integrate rewards seamlessly, and access powerful analytics to refine strategies.? Their innovative approach is already driving impressive growth and empowering U.S.-based brands like Qatar Airways and Alibaba to better serve customers.? We’re thrilled to be partnered with Cardless on this journey!

"I think B2B enterprise, especially the large enterprise sales is always hard. Top five banks say,?come back to us when you're a grownup company. There's oh, you guys are too small. You don't have enough money in the bank. There's too much risk.?I think the number of rejections and the number of delays and the number of multi-year sales cycles are the thing that to me, when I think back 12 years ago, we're now pushing 3000 customers. We service pretty much every major consumer FinTech. We service almost every major bank. We're in 28 states.?So I think the biggest thing for me is overcoming?the number of times you hear no, the number of times you hear not now." Johnny Ayers of Socure on the latest episode of Commerce Conversations. ?? Full episode here! https://lnkd.in/gCE7u2Yk

?? ???????????????? ???????? ????????????????!?? The Green Room (TGR) has your back. Apply now (link in comments) for a one-of-a-kind opportunity to refine your pitch - in a safe, honest, and judgment-free zone - with 3 commerce tech powerhouses: Commerce Ventures' Matthew Nichols, Shopify Ventures's Tian Tian Feng, and OMERS Ventures' Laura Lenz! For more information about TGR, check out pitchtgr dot com

Congrats to Kirti Shenoy on being named as one of the top 100 women in fintech by Storm2! We're proud to be backing you and all of our other amazing female founders in our portfolio. https://lnkd.in/g-FApGyV

We’re thrilled to officially announce two new members of the Commerce team! Please join us in welcoming Chris Wang, CFA as Vice President of Strategy and Research, and Dylan Fitzpatrick as an Analyst. Chris brings extensive experience in strategy and corporate development, with a background at EY-Parthenon and Citi. Dylan joins us as a former CV Access Fellow and recent graduate of San Diego State University. Welcome, Chris and Dylan – we’re excited to have you on board!

???? Honoring Veterans, Empowering Futures ???? On this Veterans Day, we at Commerce Ventures are proud to stand alongside our partner, USAA, in supporting and celebrating our nation’s veterans. We’re honored to be working together to ensure veterans and their families have access to the resources, tools, and community support they deserve. Today and every day, we honor their sacrifices and strive to build a future where veterans are empowered at every step. Thank you to all who have served. ???? #VeteransDay #CommerceVentures #USAA #VeteranSupport #HonoringOurHeroes

Excited for Tuesday! Come say hi ??

1: Get out and vote! ???? 2: Check out the most recent episode of Commerce Conversations where Aaron Schumm of Vestwell talks about how he is working with legislators from both parties to help solve the retirement crisis in the US. "With what we're doing at Vestwell,?focused on closing the savings gap across the country, there's a broad impact you can have. A lot of that comes from?the legislative angle. I forget what year was the first time I went down to DC and?'ran the hill,' I went in really just as a voice to say, hey, listen, we're addressing a problem.?This is an industry that's been around for a long time. There are a lot of players that have been doing it. They're telling you their side of the story. I'd like to reframe what's possible." Listen to the full episode on the link below! https://lnkd.in/eD9MrRbV

On the back of Tabs announcing their $25M Series A, here's our deeper dive on why we're excited to continue backing them alongside our friends at General Catalyst, Lightspeed and Primary Venture Partners. https://lnkd.in/gcTr_HkF #Innovation #Automation #AccountsReceivable #MidMarket #Fintech #AI