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The Venture Codex

CommerzVentures

Rahmhofstrasse 4, Frankfurt am Main, Hessen, 60313, Germany

Overview

Venture capital firm investing in financial services and insurance startups

Founded

2014

Deals · 12mo

3

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series A
Series B

Geographic focus

Germany
Sweden
United Kingdom
United States

Sector focus

Financial Services
FinTech
Insurance
Venture Capital

Investment portfolio

48rounds
NAMEDATESIZE
Gradient Labs
Jun 2026Led
$13 MSeries A
Deblock
Nov 2025Participated
$35 MSeries A
Instanda
Oct 2025Led
$20 MOther Equity
Sunhat
Sep 2025Led
$11 MSeries A
Money Fellows
May 2025Participated
$13 MSeries C
Unique
Feb 2025Led
$30 MSeries A
carbmee
Dec 2024Led
$23 MOther Equity
lemon.markets
Jul 2024Led
$13 MOther Equity
Climate X
Jun 2024Participated
$18 MSeries A
Doconomy
May 2024Led
$37 MSeries B
Tuum
Feb 2024Led
$27 MSeries B
Volt.io
Jun 2023Participated
$60 MSeries B
Gradient Labs
Jun 2026Led
$13 MSeries A
Deblock
Nov 2025Participated
$35 MSeries A
Instanda
Oct 2025Led
$20 MOther Equity
Sunhat
Sep 2025Led
$11 MSeries A
Money Fellows
May 2025Participated
$13 MSeries C
Unique
Feb 2025Led
$30 MSeries A
carbmee
Dec 2024Led
$23 MOther Equity
lemon.markets
Jul 2024Led
$13 MOther Equity
Climate X
Jun 2024Participated
$18 MSeries A
Doconomy
May 2024Led
$37 MSeries B
Tuum
Feb 2024Led
$27 MSeries B
Volt.io
Jun 2023Participated
$60 MSeries B
48
Items
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Insights

Time horizon

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Deal Distribution

CommerzVentures: 48 funding rounds are recorded in the selected participation categories.All available history.
CommerzVentures: 48 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed10
Series A77
Series B511
Series C+05
Other Equity74
Debt01

Monthly Deal Activity

CommerzVentures: 48 deals are recorded across 136 months.All available history.
CommerzVentures: 48 deals are recorded across 136 months. All available history
MonthDeals
Jul '151
Aug '150
Sep '150
Oct '151
Nov '150
Dec '150
Jan '161
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '161
Nov '161
Dec '160
Jan '171
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '171
Aug '170
Sep '170
Oct '171
Nov '170
Dec '170
Jan '180
Feb '181
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '182
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '191
Jun '191
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '201
Mar '200
Apr '200
May '202
Jun '200
Jul '202
Aug '200
Sep '200
Oct '201
Nov '200
Dec '201
Jan '210
Feb '210
Mar '211
Apr '210
May '210
Jun '210
Jul '210
Aug '211
Sep '213
Oct '212
Nov '211
Dec '210
Jan '220
Feb '220
Mar '221
Apr '220
May '221
Jun '220
Jul '220
Aug '220
Sep '221
Oct '221
Nov '221
Dec '220
Jan '230
Feb '231
Mar '230
Apr '230
May '231
Jun '232
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '241
Mar '240
Apr '240
May '241
Jun '241
Jul '241
Aug '240
Sep '240
Oct '240
Nov '240
Dec '241
Jan '250
Feb '251
Mar '250
Apr '250
May '251
Jun '250
Jul '250
Aug '250
Sep '251
Oct '251
Nov '251
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

CommerzVentures: Fintech is the largest displayed sector by deal count (39 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

CommerzVentures: Fintech is the largest displayed sector by deal count (39 deals). All available history
SectorDeals
Fintech39
Enterprise Software19
Data, Analytics & IT8
Professional Services8
Crypto & Blockchain6
AI & Machine Learning6
Clean Energy & Sustainability5
Government & Defense4
Networks, Cloud & Communication3
Cybersecurity & Privacy2
Real Estate & Construction2
Transportation & Logistics2
Hardware & Robotics2
Developer Tools2
E-Commerce & Retail1
Space & Frontier Tech1
Consumer & Lifestyle1
Health & Life Sciences1

Deal Size Distribution

CommerzVentures: 48 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

CommerzVentures: 48 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M6
$10M-$25M21
$25M-$50M13
$50M-$100M6
$100M-$250M1
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

CommerzVentures: Europe has the largest recorded deal count among the displayed regions (33 deals).All available history.

Top 6 of 6 regions; European countries are grouped as Europe.

CommerzVentures: Europe has the largest recorded deal count among the displayed regions (33 deals). All available history
RegionDeals
Europe33
United States10
Egypt2
Israel1
Canada1
South Africa1
CommerzVentures: 20 co-investors are shown, with Speedinvest sharing 5 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

CommerzVentures: 20 co-investors are shown, with Speedinvest sharing 5 recorded deals. All available history
Co-investorShared deals
Speedinvest5
Earlybird4
Octopus Ventures4
83North3
Acton Capital Partners3
Cherry Ventures3
Commerce Ventures3
CreditEase3
Granite Ventures3
Visa3
20502
AlbionVC2
Anthemis2
Digital Currency Group2
Goldman Sachs2
IA Capital Group2
Mastercard2
Munich Re Ventures2
NordicNinja2
Norrsken VC2

Investment Strategy

CommerzVentures: Led accounts for 42% and participating for 58% of round participation.All available history.
CommerzVentures: Led accounts for 42% and participating for 58% of round participation. All available history
CategoryDeals (count)Share (%)
Led2042%
Participating2858%
CommerzVentures: Single-lead accounts for 60% and co-led for 40% of lead dynamics.All available history.
CommerzVentures: Single-lead accounts for 60% and co-led for 40% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1260%
Co-led840%

Team

Heiko Schwender

Managing Partner

Jenny Langer

EA & Office Manager

Joachim Merten

CFO

Jonas Wenke

Principal

Lorenz Hering

Associate

Patrick Meisberger

Managing Director & Founder

Paul Morgenthaler

Partner

Stefan Tirtey

Managing Director