Commerce Ventures

The agentic commerce narrative misses the real shift: AI platforms are already the new starting point for product discovery, and payment infrastructure is racing to catch up. Here's what's actually happening.

Insurance is getting its biggest infrastructure overhaul in decades, and AI isn't just improving the process, it's replacing it. Here's what the $1T shift actually looks like.

The co-branded credit card market is $750B+ in annual volume and ripe for disruption. Why ChatGPT checks every box for the next great fintech card program and what it means for the industry.

Why AI is poised to disrupt venture data platforms like PitchBook. From real-time filing parsing to natural language queries and lower-cost access for smaller firms.

Dan has invested in tech and infrastructure startups for over 20 years. He founded the firm, leads CV’s FinTech investment team, and serves on the management committee.

Dani joined Commerce Ventures in 2025 as a Strategy Associate supporting thematic research and corporate engagement. At Bain & Company, Dani advised Fortune 500 companies, private equity firms, portfolio companies, and nonprofits on commercial and growth strategy and due diligence.

Dylan worked on the investment teams at JMI Equity and 75 & Sunny Ventures and earned a B.S. in Business Administration with a concentration in Finance from San Diego State University.

Hiya is an Associate on the Investment Team at CV. Previously, Hiya worked in investment banking at Bank of America and on the investment teams at PeakSpan Capital and MGG Investment Group.

The company says its funds, portfolio, and team have grown over the past six years and that it connects founders, executives, and investors to deliver returns and create value across its network.

The company backs entrepreneurs from every background who are building infrastructure for tomorrow’s industries.

The information is intended for entrepreneurs seeking venture capital. Commerce Ventures states that it does not offer investment advisory services or securities for sale; the page also provides a contact email and states that its contents are copyrighted 2019 by Commerce Ventures Management LLC.

Walapay raises $4.6 million in a seed round led by Generative Ventures to expand its global payments infrastructure for local businesses. Founded by brothers Tom and Dimitri Borgers, the company uses stablecoins, blockchain technology and a single API to support multicurrency accounts, collections and payouts, with direct integrations across Latin America, Africa and Asia. Walapay says the funding supports plans to expand licensing, deepen banking partnerships and grow its team.

Oct 2026 · SiliconAngleNews article

Y Combinator-backed Rulebase has raised a $2.1 million pre-seed round to expand its AI automation for financial-services back-office work. Its agent evaluates customer interactions, flags regulatory risks, and coordinates follow-ups across tools; the company says it reviews 100% of interactions, cuts costs by up to 70%, and reduces escalations at customer Rho by up to 30%. The funding supports engineering and planned features for fraud investigation, audit preparation, and regulatory reporting.

Sep 2025 · TechCrunchNews article

Carefull, a fintech platform that aims to help banks protect older customers from fraud, scams and money mistakes, raises $16.5 million in a Series A round led by Fin Capital. TTV Capital, Bessemer Venture Partners, Commerce Ventures, Montage Ventures and Northwestern Mutual also participate.

Oct 2023 · TechCrunchNews article