Overview
Cloud-based commerce platform for small and medium-sized businesses.
Founded
2004
Deals · 12mo
1
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Gumloop | Mar 2026Participated | $50 MSeries B | |
Tetra Trust | Sep 2025Participated | $10 MOther Equity | |
Sanity | May 2025Participated | $85 MSeries C | |
Gorgias | May 2024Participated | $29 MSeries C | |
Flexport | Jan 2024Led | $260 MOther Equity | |
Nomba | May 2023Participated | $30 MSeries B | |
Triple Whale | Feb 2023Participated | $25 MSeries B | |
WalletConnect | Nov 2022Participated | $13 MOther Equity | |
WATI | Oct 2022Participated | $23 MSeries B | |
thirdweb | Aug 2022Participated | $24 MSeries A | |
Gorgias | Aug 2022Led | $30 MSeries C | |
Klaviyo | Aug 2022Led | $100 MOther Equity | |
Gumloop | Mar 2026Participated | $50 MSeries B | |
Tetra Trust | Sep 2025Participated | $10 MOther Equity | |
Sanity | May 2025Participated | $85 MSeries C | |
Gorgias | May 2024Participated | $29 MSeries C | |
Flexport | Jan 2024Led | $260 MOther Equity | |
Nomba | May 2023Participated | $30 MSeries B | |
Triple Whale | Feb 2023Participated | $25 MSeries B | |
WalletConnect | Nov 2022Participated | $13 MOther Equity | |
WATI | Oct 2022Participated | $23 MSeries B | |
thirdweb | Aug 2022Participated | $24 MSeries A | |
Gorgias | Aug 2022Led | $30 MSeries C | |
Klaviyo | Aug 2022Led | $100 MOther Equity |
Insights
Time horizon
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Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Series A | 0 | 3 |
| Series B | 0 | 6 |
| Series C+ | 1 | 5 |
| Other Equity | 2 | 4 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Mar '21 | 1 |
| Apr '21 | 1 |
| May '21 | 0 |
| Jun '21 | 3 |
| Jul '21 | 1 |
| Aug '21 | 0 |
| Sep '21 | 0 |
| Oct '21 | 0 |
| Nov '21 | 0 |
| Dec '21 | 0 |
| Jan '22 | 0 |
| Feb '22 | 1 |
| Mar '22 | 1 |
| Apr '22 | 0 |
| May '22 | 0 |
| Jun '22 | 1 |
| Jul '22 | 0 |
| Aug '22 | 3 |
| Sep '22 | 0 |
| Oct '22 | 1 |
| Nov '22 | 1 |
| Dec '22 | 0 |
| Jan '23 | 0 |
| Feb '23 | 1 |
| Mar '23 | 0 |
| Apr '23 | 0 |
| May '23 | 1 |
| Jun '23 | 0 |
| Jul '23 | 0 |
| Aug '23 | 0 |
| Sep '23 | 0 |
| Oct '23 | 0 |
| Nov '23 | 0 |
| Dec '23 | 0 |
| Jan '24 | 1 |
| Feb '24 | 0 |
| Mar '24 | 0 |
| Apr '24 | 0 |
| May '24 | 1 |
| Jun '24 | 0 |
| Jul '24 | 0 |
| Aug '24 | 0 |
| Sep '24 | 0 |
| Oct '24 | 0 |
| Nov '24 | 0 |
| Dec '24 | 0 |
| Jan '25 | 0 |
| Feb '25 | 0 |
| Mar '25 | 0 |
| Apr '25 | 0 |
| May '25 | 1 |
| Jun '25 | 0 |
| Jul '25 | 0 |
| Aug '25 | 0 |
| Sep '25 | 1 |
| Oct '25 | 0 |
| Nov '25 | 0 |
| Dec '25 | 0 |
| Jan '26 | 0 |
| Feb '26 | 0 |
| Mar '26 | 1 |
| Apr '26 | 0 |
| May '26 | 0 |
| Jun '26 | 0 |
| Jul '26 | 0 |
| Aug '26 | 0 |
| Sep '26 | 0 |
| Oct '26 | 0 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| E-Commerce & Retail | 10 |
| Enterprise Software | 5 |
| Marketing & Advertising | 5 |
| Fintech | 5 |
| Developer Tools | 5 |
| Transportation & Logistics | 3 |
| Networks, Cloud & Communication | 3 |
| Crypto & Blockchain | 3 |
| Professional Services | 3 |
| Hardware & Robotics | 2 |
| Health & Life Sciences | 2 |
| AI & Machine Learning | 2 |
| Government & Defense | 1 |
| Data, Analytics & IT | 1 |
| Social & Community Platforms | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 0 |
| $5M-$10M | 1 |
| $10M-$25M | 6 |
| $25M-$50M | 4 |
| $50M-$100M | 6 |
| $100M-$250M | 2 |
| $250M-$500M | 1 |
| $500M-$1B | 1 |
| $1B+ | 0 |
Deals By Geography
Top 5 of 5 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 14 |
| Canada | 3 |
| Europe | 2 |
| Nigeria | 1 |
| Israel | 1 |
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.
| Co-investor | Shared deals |
|---|---|
| CRV | 3 |
| Alven | 2 |
| Bessemer Venture Partners | 2 |
| Coinbase Ventures | 2 |
| DST Global | 2 |
| Inovia Capital | 2 |
| Polygon | 2 |
| Sugar Capital | 2 |
| Transpose Platform | 2 |
| 1kx | 1 |
| Act One Ventures | 1 |
| Altos Ventures | 1 |
| Amplify Partners | 1 |
| Amplify.LA | 1 |
| Andreessen Horowitz | 1 |
| ATB Financial | 1 |
| Base10 Partners | 1 |
| Benchmark Capital | 1 |
| Blue Cloud Ventures | 1 |
| BMO Capital Partners | 1 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 3 | 14% |
| Participating | 18 | 86% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 2 | 67% |
| Co-led | 1 | 33% |
Team
Product Lead
Chief Talent Officer
President
Head of Blockchain Programs
Senior Developer
VP of Product
Founder & CEO
VP of Engineering