Commerce Ventures

ReFiBuy is a technology company that aims to enhance the online shopping experience. It develops an AI-based platform that mimics human-like decision-making to improve the 'Research, Find, Buy' process for consumers. The platform uses advanced AI techniques such as Generative AI and Retrieval-Augmented Generation, along with agentic solutions, to understand and address complex retail challenges. This enables brands and retailers to better understand consumer behavior and improve product discovery and purchasing processes.

Purple Dot specializes in enhancing pre-order experiences for e-commerce businesses. The company provides a wait-listing platform that enables brands to sell products before they are available in stock, effectively reducing inventory risk. This approach allows merchants to implement high-converting waitlists, where customers can purchase items at full or discounted prices based on their willingness to wait for potential discounts. By facilitating influencer drops and strategies that ensure products are never out of stock, Purple Dot empowers modern e-commerce brands to maximize sales opportunities and manage supply chain uncertainties, ultimately leading to increased revenue.

Clara is a spending management platform focused on serving companies in Latin America. It offers an end-to-end solution that includes locally-issued corporate cards, bill payment services, financing options, and a software platform that streamlines corporate expense management. The platform is designed to simplify and automate financial processes, allowing businesses to gain real-time insights into spending and manage budgets more effectively. Clara is backed by a diverse group of global and regional investors, aiming to empower companies with greater financial agility and clarity. By enhancing the way company finances are managed, Clara contributes to increasing the economic competitiveness of the region.

Fountain, established in 2014, is a San Francisco-based company that operates a hiring platform designed for businesses with hourly workforces. Its mobile-first platform streamlines and scales global recruitment, empowering employers to make data-driven hiring decisions and engage candidates through automated scheduling and reminders. Fountain serves various industries, including franchise, gig economy, retail, hospitality, and manufacturing.

Arianee SA, founded in 2018 and based in Paris, France, specializes in digital certifications for products using a blockchain platform compatible with Ethereum. The company aims to enhance the authentication of branded products through a universal open-source protocol that creates an immutable ledger documenting all aspects of product creation and sales. This technology facilitates secure and transparent interactions among brands, product owners, and third-party retailers, establishing a global standard for the digital certification of valuable items. Arianee's mission extends to enriching the relationship between brands and consumers by enabling direct and ongoing engagement through digital assets, such as NFTs.

Fountain, established in 2014, is a San Francisco-based company that operates a hiring platform designed for businesses with hourly workforces. Its mobile-first platform streamlines and scales global recruitment, empowering employers to make data-driven hiring decisions and engage candidates through automated scheduling and reminders. Fountain serves various industries, including franchise, gig economy, retail, hospitality, and manufacturing.

LoveLocal (formerly known as m.Paani) is the only app you need for all your daily needs fulfilled by your trusted local shops online. Now enjoy the convenience of online ordering, Fast home delivery, digital payments - all at a tap of a button. Shop anytime, anywhere from a vast range of products including fresh fruits, vegetables, groceries, OTC Medicines, Home and Personal Care Products, snacks, and much more. So LoveLocal!

Trove is a technology company based in Ann Arbor, Michigan, and Brisbane, California. It operates two distinct businesses: a SaaS platform that uses AI to analyze teams' email connections, providing insights to help build and leverage professional networks; and a leading platform for branded resale and trade-in, enabling brands to launch, manage, and scale their resale programs efficiently. The latter offers advanced tools for in-store and digital trade-ins, returns processing, inventory management, resale site building, and analytics, serving prominent brands like Canada Goose, Carhartt, and Patagonia. Trove's resale platform aims to drive sustainability in retail by promoting a circular economy.

Pensa Systems, Inc. specializes in developing autonomous perception systems designed to enhance inventory visibility and management for retailers and manufacturers. Founded in 2016 and headquartered in Austin, Texas, with an office in Den Haag, the Netherlands, Pensa employs advanced computer vision and artificial intelligence to provide real-time insights into retail shelf inventory. The company's predictive technology automates the identification of products on shelves and forecasts out-of-stock situations, helping consumer packaged goods (CPG) brands and retailers reduce stockouts and increase revenue. By partnering with prominent CPG brands and retailers, Pensa addresses significant challenges in inventory management, offering a cost-effective solution that improves operational efficiency in the retail sector.

Grabango is a technology company that specializes in checkout-free shopping solutions for the retail industry. Founded in 2016 and based in Berkeley, California, Grabango develops a system that utilizes computer vision and machine learning to enhance the shopping experience in existing grocery and convenience stores. By employing cameras and shelf sensors, the technology identifies items as customers pick them up and adds them to a virtual basket. After selecting their items, shoppers can simply scan a code in the Grabango app to pay via their registered payment method and exit the store without waiting in line. This innovative approach aims to streamline the shopping process, making it faster and more convenient for customers, while also ensuring privacy through anonymized data handling. Grabango partners with large-scale retailers to retrofit their stores, eliminating traditional checkout lines and setting a new standard in retail shopping.

Pensa Systems, Inc. specializes in developing autonomous perception systems designed to enhance inventory visibility and management for retailers and manufacturers. Founded in 2016 and headquartered in Austin, Texas, with an office in Den Haag, the Netherlands, Pensa employs advanced computer vision and artificial intelligence to provide real-time insights into retail shelf inventory. The company's predictive technology automates the identification of products on shelves and forecasts out-of-stock situations, helping consumer packaged goods (CPG) brands and retailers reduce stockouts and increase revenue. By partnering with prominent CPG brands and retailers, Pensa addresses significant challenges in inventory management, offering a cost-effective solution that improves operational efficiency in the retail sector.

Trove is a technology company based in Ann Arbor, Michigan, and Brisbane, California. It operates two distinct businesses: a SaaS platform that uses AI to analyze teams' email connections, providing insights to help build and leverage professional networks; and a leading platform for branded resale and trade-in, enabling brands to launch, manage, and scale their resale programs efficiently. The latter offers advanced tools for in-store and digital trade-ins, returns processing, inventory management, resale site building, and analytics, serving prominent brands like Canada Goose, Carhartt, and Patagonia. Trove's resale platform aims to drive sustainability in retail by promoting a circular economy.

Syte is a technology company based in Tel Aviv that specializes in developing a product discovery platform aimed at enhancing online shopping experiences. Utilizing advanced visual AI technology, Syte transforms the way consumers search and shop for fashion by enabling features such as camera search, augmented site search, and personalized recommendations. Their solutions allow users to upload images of products they find inspiring, which the platform then matches with visually similar items available on a retailer’s site. Additionally, Syte offers smart merchandising tools to help retailers improve site navigation and product discovery, ultimately driving sales and fostering brand loyalty. Founded in 2014 by Helge Voss, Idan Pinto, Lihi Pinto Fryman, and Ofer Fryman, the company has successfully raised $71 million from various investors to further its mission of revolutionizing the online shopping landscape.

Pensa Systems, Inc. specializes in developing autonomous perception systems designed to enhance inventory visibility and management for retailers and manufacturers. Founded in 2016 and headquartered in Austin, Texas, with an office in Den Haag, the Netherlands, Pensa employs advanced computer vision and artificial intelligence to provide real-time insights into retail shelf inventory. The company's predictive technology automates the identification of products on shelves and forecasts out-of-stock situations, helping consumer packaged goods (CPG) brands and retailers reduce stockouts and increase revenue. By partnering with prominent CPG brands and retailers, Pensa addresses significant challenges in inventory management, offering a cost-effective solution that improves operational efficiency in the retail sector.

Cylindo is a 3D product visualization platform designed for the furniture retail industry, focusing on enhancing online growth and customer engagement. The platform automates the visualization of products, offering features such as 360-degree spins, high-resolution zooms, and augmented reality assets. These versatile visual tools can be utilized across various channels, including product pages, social media, email, and in-store kiosks. Serving a wide range of clients, including established brands like American Leather and Room & Board, Cylindo enables companies to improve customer experiences and increase sales performance. Users of the platform have reported significant boosts in conversion rates and average order values, while also reducing visualization costs. By providing comprehensive support throughout the content creation and distribution process, Cylindo positions itself as a vital partner in creating effective furniture buyer journeys.

Grabango is a technology company that specializes in checkout-free shopping solutions for the retail industry. Founded in 2016 and based in Berkeley, California, Grabango develops a system that utilizes computer vision and machine learning to enhance the shopping experience in existing grocery and convenience stores. By employing cameras and shelf sensors, the technology identifies items as customers pick them up and adds them to a virtual basket. After selecting their items, shoppers can simply scan a code in the Grabango app to pay via their registered payment method and exit the store without waiting in line. This innovative approach aims to streamline the shopping process, making it faster and more convenient for customers, while also ensuring privacy through anonymized data handling. Grabango partners with large-scale retailers to retrofit their stores, eliminating traditional checkout lines and setting a new standard in retail shopping.

Omnyway specializes in creating innovative solutions for the retail industry, focusing on simplifying digital commerce for both physical and online environments. Their VISX livestream commerce solution allows retail employees to engage customers through video shopping, enabling viewers to purchase items in real-time while attributing sales to the respective employees and their stores. Additionally, Omnyway's HaiWai platform facilitates the acceptance of popular global digital wallets at existing point-of-sale systems without the need for hardware or software changes, ensuring seamless integration. The company also offers Zapbuy, a feature that enables one-click purchases directly from digital advertisements. With a cloud-based platform designed for rapid deployment and scalability, Omnyway empowers retailers, banks, and brands to create a cohesive digital commerce ecosystem, enhancing the shopping experience and streamlining payment processes.

Fountain, established in 2014, is a San Francisco-based company that operates a hiring platform designed for businesses with hourly workforces. Its mobile-first platform streamlines and scales global recruitment, empowering employers to make data-driven hiring decisions and engage candidates through automated scheduling and reminders. Fountain serves various industries, including franchise, gig economy, retail, hospitality, and manufacturing.

Shoptalk is a leading global conference focused on retail and ecommerce, designed to explore innovations and trends shaping the industry. It brings together a diverse array of participants, including established retailers, direct-to-consumer brands, tech startups, venture capitalists, media, and real estate developers. The event features a comprehensive agenda with renowned speakers and offers various formats such as sessions, roundtables, and networking opportunities. By facilitating connections among industry professionals, Shoptalk enables businesses and individuals to share insights and forge partnerships, ultimately supporting growth and expansion within the retail sector.

Omnyway specializes in creating innovative solutions for the retail industry, focusing on simplifying digital commerce for both physical and online environments. Their VISX livestream commerce solution allows retail employees to engage customers through video shopping, enabling viewers to purchase items in real-time while attributing sales to the respective employees and their stores. Additionally, Omnyway's HaiWai platform facilitates the acceptance of popular global digital wallets at existing point-of-sale systems without the need for hardware or software changes, ensuring seamless integration. The company also offers Zapbuy, a feature that enables one-click purchases directly from digital advertisements. With a cloud-based platform designed for rapid deployment and scalability, Omnyway empowers retailers, banks, and brands to create a cohesive digital commerce ecosystem, enhancing the shopping experience and streamlining payment processes.

Symphony Commerce, Inc. is a provider of eCommerce solutions, offering a Commerce-as-a-Service platform designed to manage multi-channel commerce, from storefronts to fulfillment. Founded in 2010 and headquartered in San Francisco, California, the company was previously known as Sneakpeeq, Inc. and rebranded in 2013. The platform, developed by a team experienced in Amazon's ordering and fulfillment systems, helps brands streamline their operations by relieving them of infrastructure management responsibilities. Symphony Commerce serves a diverse clientele, including leading manufacturers in fashion, apparel, consumables, and durable goods, equipping them with the necessary data and services to enhance their business growth. As of May 2018, Symphony Commerce operates as a subsidiary of Quantum Retail Technology, Inc.

Narvar Inc. is a customer experience platform based in San Mateo, California, with additional offices in London and Bengaluru. Founded in 2012, Narvar specializes in shipping and delivery solutions tailored for retailers, enhancing the post-purchase journey to foster long-term customer loyalty. The platform offers seamless order tracking, proactive communications, and efficient returns, allowing retailers to engage customers effectively and inspire brand loyalty. Serving over 500 retailers, including notable brands such as Sephora and Patagonia, Narvar leverages machine learning to analyze billions of interactions, improving customer experiences and optimizing supply chain management. Through its comprehensive approach, Narvar aids retailers in converting customers and promoting their brands from cart to doorstep and beyond.

Radius8 is a Location Engagement Platform that offers a SaaS solution designed to enhance the shopping experience by providing businesses with the ability to showcase relevant content and updates on their websites based on consumer location and proximity to physical stores. The platform facilitates hyperlocal shopping experiences by enabling retailers to tailor their offerings to local trends and customer preferences within specific geographic areas. Additionally, it helps businesses identify potential customers based on past sales data and effectively communicate information about promotions and trends. Radius8's implementation process is streamlined, typically taking less than 30 days, allowing clients to quickly leverage local data to increase customer engagement and drive conversions.

Radius8 is a Location Engagement Platform that offers a SaaS solution designed to enhance the shopping experience by providing businesses with the ability to showcase relevant content and updates on their websites based on consumer location and proximity to physical stores. The platform facilitates hyperlocal shopping experiences by enabling retailers to tailor their offerings to local trends and customer preferences within specific geographic areas. Additionally, it helps businesses identify potential customers based on past sales data and effectively communicate information about promotions and trends. Radius8's implementation process is streamlined, typically taking less than 30 days, allowing clients to quickly leverage local data to increase customer engagement and drive conversions.

Radius8 is a Location Engagement Platform that offers a SaaS solution designed to enhance the shopping experience by providing businesses with the ability to showcase relevant content and updates on their websites based on consumer location and proximity to physical stores. The platform facilitates hyperlocal shopping experiences by enabling retailers to tailor their offerings to local trends and customer preferences within specific geographic areas. Additionally, it helps businesses identify potential customers based on past sales data and effectively communicate information about promotions and trends. Radius8's implementation process is streamlined, typically taking less than 30 days, allowing clients to quickly leverage local data to increase customer engagement and drive conversions.

Theatro is a software company that specializes in developing business applications designed for wearable computing devices aimed at enhancing the productivity and communication of the indoor mobile workforce. Initially focusing on the retail and hospitality sectors, Theatro provides a suite of solutions that includes cloud services, wearable computers, and analytics tools. These offerings enable real-time management and information dissemination for employees in fast-paced environments. Theatro's platform utilizes artificial intelligence and voice-controlled technology to facilitate efficient communication and operational management in brick-and-mortar businesses, thereby optimizing employee performance and sales operations. The company, founded in 2011, is headquartered in Dallas, Texas, with an additional office in Bengaluru, India.

Shoptalk is a leading global conference focused on retail and ecommerce, designed to explore innovations and trends shaping the industry. It brings together a diverse array of participants, including established retailers, direct-to-consumer brands, tech startups, venture capitalists, media, and real estate developers. The event features a comprehensive agenda with renowned speakers and offers various formats such as sessions, roundtables, and networking opportunities. By facilitating connections among industry professionals, Shoptalk enables businesses and individuals to share insights and forge partnerships, ultimately supporting growth and expansion within the retail sector.

Narvar Inc. is a customer experience platform based in San Mateo, California, with additional offices in London and Bengaluru. Founded in 2012, Narvar specializes in shipping and delivery solutions tailored for retailers, enhancing the post-purchase journey to foster long-term customer loyalty. The platform offers seamless order tracking, proactive communications, and efficient returns, allowing retailers to engage customers effectively and inspire brand loyalty. Serving over 500 retailers, including notable brands such as Sephora and Patagonia, Narvar leverages machine learning to analyze billions of interactions, improving customer experiences and optimizing supply chain management. Through its comprehensive approach, Narvar aids retailers in converting customers and promoting their brands from cart to doorstep and beyond.

Welcome converts shoppers into customers by providing them with real-time product expertise to make the most informed purchasing decisions possible. The company solution enabling retailers and brands to provide expertise, wherever it is, to consumers, wherever they are. They have proven consumers are 2-4X more likely to convert when they have access to timely expertise. Intelligence gathered from across their network and actual conversations can now also impact consumer experience across every touchpoint. Their clients include two of the top five U.S. retailers, as well as iconic brands AT&T, Dyson, Google, HP, LG, Nintendo and Samsung. Welcome received TSIA Vision Award for Best Services Enabler in 2012, Eggie Award for Best Marketing Platform in 2014, and Eggie Award for Best Brand Support Solution in 2016.

SessionM, Inc. is a cloud-based customer engagement and loyalty platform that enables brands to enhance their relationships with customers through personalized interactions. The platform collects and analyzes customer behavior from various channels, including in-store, online, and mobile, allowing for real-time data integration and insights. By utilizing advanced machine learning and a rules-based engine, SessionM delivers tailored marketing automation and loyalty solutions, which help businesses engage customers more effectively with targeted offers and recommendations. The company's services also include a reporting tool that assesses the impact of loyalty programs on revenue. Headquartered in Boston, Massachusetts, SessionM operates globally with additional offices in major cities such as New York, Chicago, Pittsburgh, London, and Amsterdam. Incorporated in 2010, the company has positioned itself as a key player in the customer loyalty sector, focusing on helping enterprises create profitable customer relationships.

RetailNext, Inc. is a provider of real-time analytics specifically designed for retailers, shopping centers, and manufacturers, enabling them to collect, analyze, and visualize in-store data. Founded in 2007 and headquartered in San Jose, California, the company offers a comprehensive SaaS platform that utilizes advanced technologies such as video analytics, Wi-Fi detection, Bluetooth, and on-shelf sensors. RetailNext’s solutions include traffic counting, conversion analysis, staffing optimization, shopper engagement, and loss prevention, among others. By integrating various data sources, including promotional calendars and weather services, the platform allows retailers to understand how different factors affect customer behavior and shopping patterns. RetailNext tracks over one billion shoppers annually through a network of more than 65,000 sensors, processing trillions of data points to identify growth opportunities and enhance store performance. The company operates on a global scale, serving clients in over 50 countries.

Cylindo is a 3D product visualization platform designed for the furniture retail industry, focusing on enhancing online growth and customer engagement. The platform automates the visualization of products, offering features such as 360-degree spins, high-resolution zooms, and augmented reality assets. These versatile visual tools can be utilized across various channels, including product pages, social media, email, and in-store kiosks. Serving a wide range of clients, including established brands like American Leather and Room & Board, Cylindo enables companies to improve customer experiences and increase sales performance. Users of the platform have reported significant boosts in conversion rates and average order values, while also reducing visualization costs. By providing comprehensive support throughout the content creation and distribution process, Cylindo positions itself as a vital partner in creating effective furniture buyer journeys.

Wondermall is an innovative online platform focused on enhancing the mobile shopping experience. Founded in late 2012 in Palo Alto, California, the company aims to streamline access to various brand stores through a single application, enabling users to shop conveniently from their tablets. Wondermall's platform allows consumers to utilize online coupons and create multi-store product wish lists, making the shopping process enjoyable and efficient. The company is backed by prominent Silicon Valley investors and is driven by a team of successful entrepreneurs committed to transforming the e-commerce landscape.

Cylindo is a 3D product visualization platform designed for the furniture retail industry, focusing on enhancing online growth and customer engagement. The platform automates the visualization of products, offering features such as 360-degree spins, high-resolution zooms, and augmented reality assets. These versatile visual tools can be utilized across various channels, including product pages, social media, email, and in-store kiosks. Serving a wide range of clients, including established brands like American Leather and Room & Board, Cylindo enables companies to improve customer experiences and increase sales performance. Users of the platform have reported significant boosts in conversion rates and average order values, while also reducing visualization costs. By providing comprehensive support throughout the content creation and distribution process, Cylindo positions itself as a vital partner in creating effective furniture buyer journeys.

Manifest, Inc. operates a product feed-based advertising platform designed to assist retailers and e-commerce companies in optimizing their product catalogs. The platform facilitates the addition of product feeds and the creation of product groups, enabling users to identify customer preferences and promote relevant products across various channels, including Facebook and Google Shopping. Manifest's Matching Engine enhances this process by not only retargeting existing customers but also helping retailers discover and engage new audiences. The effectiveness of the platform is demonstrated by its clients, who have optimized over 14 million products in 4 billion ads, generating significant revenue. Established in 2011 and based in San Francisco, Manifest was previously known as SocialWire, Inc. and is a subsidiary of Rakuten Marketing LLC. Notable clients include leading retailers such as Neiman Marcus, Gilt, One Kings Lane, and LivingSocial.

RetailNext, Inc. is a provider of real-time analytics specifically designed for retailers, shopping centers, and manufacturers, enabling them to collect, analyze, and visualize in-store data. Founded in 2007 and headquartered in San Jose, California, the company offers a comprehensive SaaS platform that utilizes advanced technologies such as video analytics, Wi-Fi detection, Bluetooth, and on-shelf sensors. RetailNext’s solutions include traffic counting, conversion analysis, staffing optimization, shopper engagement, and loss prevention, among others. By integrating various data sources, including promotional calendars and weather services, the platform allows retailers to understand how different factors affect customer behavior and shopping patterns. RetailNext tracks over one billion shoppers annually through a network of more than 65,000 sensors, processing trillions of data points to identify growth opportunities and enhance store performance. The company operates on a global scale, serving clients in over 50 countries.

Narvar Inc. is a customer experience platform based in San Mateo, California, with additional offices in London and Bengaluru. Founded in 2012, Narvar specializes in shipping and delivery solutions tailored for retailers, enhancing the post-purchase journey to foster long-term customer loyalty. The platform offers seamless order tracking, proactive communications, and efficient returns, allowing retailers to engage customers effectively and inspire brand loyalty. Serving over 500 retailers, including notable brands such as Sephora and Patagonia, Narvar leverages machine learning to analyze billions of interactions, improving customer experiences and optimizing supply chain management. Through its comprehensive approach, Narvar aids retailers in converting customers and promoting their brands from cart to doorstep and beyond.

Narvar Inc. is a customer experience platform based in San Mateo, California, with additional offices in London and Bengaluru. Founded in 2012, Narvar specializes in shipping and delivery solutions tailored for retailers, enhancing the post-purchase journey to foster long-term customer loyalty. The platform offers seamless order tracking, proactive communications, and efficient returns, allowing retailers to engage customers effectively and inspire brand loyalty. Serving over 500 retailers, including notable brands such as Sephora and Patagonia, Narvar leverages machine learning to analyze billions of interactions, improving customer experiences and optimizing supply chain management. Through its comprehensive approach, Narvar aids retailers in converting customers and promoting their brands from cart to doorstep and beyond.

Welcome converts shoppers into customers by providing them with real-time product expertise to make the most informed purchasing decisions possible. The company solution enabling retailers and brands to provide expertise, wherever it is, to consumers, wherever they are. They have proven consumers are 2-4X more likely to convert when they have access to timely expertise. Intelligence gathered from across their network and actual conversations can now also impact consumer experience across every touchpoint. Their clients include two of the top five U.S. retailers, as well as iconic brands AT&T, Dyson, Google, HP, LG, Nintendo and Samsung. Welcome received TSIA Vision Award for Best Services Enabler in 2012, Eggie Award for Best Marketing Platform in 2014, and Eggie Award for Best Brand Support Solution in 2016.

RetailNext, Inc. is a provider of real-time analytics specifically designed for retailers, shopping centers, and manufacturers, enabling them to collect, analyze, and visualize in-store data. Founded in 2007 and headquartered in San Jose, California, the company offers a comprehensive SaaS platform that utilizes advanced technologies such as video analytics, Wi-Fi detection, Bluetooth, and on-shelf sensors. RetailNext’s solutions include traffic counting, conversion analysis, staffing optimization, shopper engagement, and loss prevention, among others. By integrating various data sources, including promotional calendars and weather services, the platform allows retailers to understand how different factors affect customer behavior and shopping patterns. RetailNext tracks over one billion shoppers annually through a network of more than 65,000 sensors, processing trillions of data points to identify growth opportunities and enhance store performance. The company operates on a global scale, serving clients in over 50 countries.

SavingStar, Inc. is an online grocery rewards platform that offers cash back on grocery and online shopping purchases. Founded in 2010 and based in Waltham, Massachusetts, the company allows users to redeem offers by linking them to their supermarket and drugstore loyalty cards or by submitting a receipt image. Shoppers earn cash back on specific item-level purchases, with the value automatically credited to their SavingStar or partner accounts. The platform also supports double cash back at various online retailers, including popular websites. Additionally, brands can utilize the platform to run promotions, incentivizing shoppers to buy specific products or engage with content. SavingStar was formerly known as SaveWave Inc. and adopted its current name in February 2011. It operates as a subsidiary of Quotient Technology Inc.