Commerce Ventures

Commerce Ventures, established in 2013 and based in San Francisco, is a venture capital firm specializing in growth capital investments. It focuses on the commerce sector, particularly mobile, payments, retail fintech, and insuretech. The firm's investors comprise a strategic mix of leading entrepreneurs, senior executives, and corporates from these focus sectors. Commerce Ventures not only provides capital but also commits to helping its portfolio companies succeed in scaling their commerce-related innovations.

Erika Hull

Strategy Associate

Vivek Krishnamurthy

Partner

Ysbrant Marcelis

Partner

Matt Nichols

Partner

Rishabh Pudhota

Associate

Rima Reddy

Principal

Dan Rosen

Founder and General Partner

Neelesh Satpute

Associate and Investor

Past deals in Fraud Detection

Bureau

Series B in 2024
Bureau is a no-code identity and risk orchestration platform that helps businesses mitigate friction and fraud in customer interactions. It specializes in automating decisions for onboarding trustworthy customers while enhancing security and user experiences. The platform employs real-time insights, instant logins, and risk profiling to streamline authentication and hasten the onboarding process. Bureau offers a comprehensive suite of solutions, including customer onboarding, account monitoring, device intelligence, behavioral biometrics, and transaction monitoring, providing extensive protection throughout the customer journey. Its innovative Identity Bureau Network leverages contextual data to generate actionable insights, allowing businesses to make informed decisions regarding digital identities while improving KYC compliance and fraud prevention in the mobile domain.

Bureau

Series A in 2023
Bureau is a no-code identity and risk orchestration platform that helps businesses mitigate friction and fraud in customer interactions. It specializes in automating decisions for onboarding trustworthy customers while enhancing security and user experiences. The platform employs real-time insights, instant logins, and risk profiling to streamline authentication and hasten the onboarding process. Bureau offers a comprehensive suite of solutions, including customer onboarding, account monitoring, device intelligence, behavioral biometrics, and transaction monitoring, providing extensive protection throughout the customer journey. Its innovative Identity Bureau Network leverages contextual data to generate actionable insights, allowing businesses to make informed decisions regarding digital identities while improving KYC compliance and fraud prevention in the mobile domain.

Monnai

Seed Round in 2022
Monnai is a financial technology company that offers a comprehensive platform designed to enhance the decision-making capabilities of financial organizations. By providing access to over 500 insights through a single API, Monnai supports fintech firms in managing crucial aspects of customer interactions, including onboarding, trust and fraud risk assessment, credit underwriting, and debt collections. The platform facilitates real-time credit decisions and aggregates financial and digital insights, ultimately enabling businesses to enhance their operational efficiency and revenue growth by accessing financial services at more affordable rates.

Bureau

Series A in 2021
Bureau is a no-code identity and risk orchestration platform that helps businesses mitigate friction and fraud in customer interactions. It specializes in automating decisions for onboarding trustworthy customers while enhancing security and user experiences. The platform employs real-time insights, instant logins, and risk profiling to streamline authentication and hasten the onboarding process. Bureau offers a comprehensive suite of solutions, including customer onboarding, account monitoring, device intelligence, behavioral biometrics, and transaction monitoring, providing extensive protection throughout the customer journey. Its innovative Identity Bureau Network leverages contextual data to generate actionable insights, allowing businesses to make informed decisions regarding digital identities while improving KYC compliance and fraud prevention in the mobile domain.

Forter

Series E in 2020
Forter, Inc. is a New York-based company that specializes in end-to-end fraud prevention solutions for online merchants. Founded in 2013, it provides an automated system designed to detect and eliminate various transaction risks, including credit card fraud, account takeover, and identity theft. Forter's platform utilizes machine learning algorithms and behavioral analysis to assess transactions in real time, enabling merchants to block fraudulent activities while enhancing customer experience and approval rates. The company's Decision-As-a-Service framework evaluates each transaction using a comprehensive analysis of customer data points, while the Forter Decision Dashboard offers transparency into transaction evaluations. Additionally, Forter Smart Routing helps merchants minimize revenue loss from false payment declines throughout the payment process. With offices in London and a research facility in Tel Aviv, Forter aims to create a fraud-free environment that allows retailers to focus on their growth.

Forter

Series C in 2016
Forter, Inc. is a New York-based company that specializes in end-to-end fraud prevention solutions for online merchants. Founded in 2013, it provides an automated system designed to detect and eliminate various transaction risks, including credit card fraud, account takeover, and identity theft. Forter's platform utilizes machine learning algorithms and behavioral analysis to assess transactions in real time, enabling merchants to block fraudulent activities while enhancing customer experience and approval rates. The company's Decision-As-a-Service framework evaluates each transaction using a comprehensive analysis of customer data points, while the Forter Decision Dashboard offers transparency into transaction evaluations. Additionally, Forter Smart Routing helps merchants minimize revenue loss from false payment declines throughout the payment process. With offices in London and a research facility in Tel Aviv, Forter aims to create a fraud-free environment that allows retailers to focus on their growth.

InAuth

Series A in 2016
InAuth, Inc. is a digital device intelligence company that specializes in providing data-driven authentication and fraud detection solutions tailored for a mobile-first environment. The company offers a range of advanced mobile security services, including persistent and dynamic device identifiers, deep location analysis, and malware detection. InAuth also provides browser security solutions aimed at fraud detection and user identification, as well as a risk and decision engine that assesses device data to manage fraud risk effectively. Additionally, the company focuses on mobile commerce solutions, ensuring the integrity and confidentiality of financial transactions for institutions and their customers. Headquartered in Venice, California, InAuth was incorporated in 2013 and operates as a subsidiary of American Express Company. Its services enable banks, payment networks, merchants, and other organizations to enhance security, reduce fraud, and capitalize on new revenue opportunities in a digitally connected world.

Forter

Series B in 2014
Forter, Inc. is a New York-based company that specializes in end-to-end fraud prevention solutions for online merchants. Founded in 2013, it provides an automated system designed to detect and eliminate various transaction risks, including credit card fraud, account takeover, and identity theft. Forter's platform utilizes machine learning algorithms and behavioral analysis to assess transactions in real time, enabling merchants to block fraudulent activities while enhancing customer experience and approval rates. The company's Decision-As-a-Service framework evaluates each transaction using a comprehensive analysis of customer data points, while the Forter Decision Dashboard offers transparency into transaction evaluations. Additionally, Forter Smart Routing helps merchants minimize revenue loss from false payment declines throughout the payment process. With offices in London and a research facility in Tel Aviv, Forter aims to create a fraud-free environment that allows retailers to focus on their growth.
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