We are thrilled to be leading lemon.markets €12m funding round and join Max Linden and his team on their journey to become the biggest and most modern brokerage and custody platform in Europe! At CommerzVentures, we love partnering with the most talented teams solving financial services’ most complex problems. lemon.markets certainly ticks both boxes. We are excited to be investing alongside Creandum, Lakestar, Lightspeed, System.One and Heliad. Please find a link to the press release in the comments.
CommerzVentures
Wagniskapital- und Private-Equity-Auftraggeber
Frankfurt, Hesse 5.121 Follower:innen
we invest in fintech and insurtech.
Info
Founded in 2014, CommerzVentures is a specialist fintech investor with €550m under management. CommerzVentures backs early and growth-stage companies in the fintech, insurtech and Climate FinTech sectors. A returns-driven Europe-first investor, CommerzVentures’ global strategy includes Israel, the USA, and Africa. CommerzVentures’ first €100m fund was launched in 2014, their second €150m fund started investing in October 2019, whilst their third €300m fund was launched in 2022. All three are managed by the same team of experienced venture capitalists, who personally co-invest in each investment. CoV Management GmbH is the independent manager of the CommerzVentures funds. Commerzbank AG is the anchor investor across all three funds.
- Website
-
http://www.commerzventures.com
Externer Link zu CommerzVentures
- Branche
- Wagniskapital- und Private-Equity-Auftraggeber
- Größe
- 2–10 Beschäftigte
- Hauptsitz
- Frankfurt, Hesse
- Art
- Privatunternehmen
- Gegründet
- 2014
- Spezialgebiete
- Fintech, Financing, Venture Capital, Insurtech und Climate Fintech
Orte
-
Primär
Wegbeschreibung
Rahmhofstraße 4
Frankfurt, Hesse 60313, DE
Beschäftigte von CommerzVentures
-
Stefan Tirtey
Fintech/payments investor with 20+ years backing pioneering startups globally, including unicorns Marqeta, Mambu, and etoro.
-
Paul Morgenthaler
Managing Partner at CommerzVentures I Climate FinTech & InsurTech VC
-
Jonas Wenke
Fintech and crypto investor
-
Hangwi Muambadzi
Investor | Independent Director | Strategic Advisor
Updates
-
Thrilled to announce that our portfolio company Climate X have raised a $18 Series A funding round, led by GV (Google Ventures). Congratulations to Lukky A., 🚀 Kamil Kluza, and the entire team! Climate X help the financial sector price the impact of climate change across their physical asset portfolios. "With a Google Maps-like experience, the Climate X platform lets clients look at the effects of things like extreme heat and flooding over a 100-year time horizon, down to a single house. It now assesses climate risk for financial services clients with over $6.5 trillion in combined AUM." https://lnkd.in/dDX-ith3
-
Very exciting news from our portfolio company Doconomy. Congratulations to the team around CEO Mathias Wikström on successfully raising their €34 million Series B round of funding! CommerzVentures led the Series A round and we are thrilled to have invested again in this round. Welcome on board new investors UBS and S&P Global! Doconomy , founded in Sweden in 2018 by Mathias Wikström and Johan Pihl, is a world-leading provider of applied impact solutions. Its core mission is to ensure the future sustainability of life on Earth by empowering individuals and corporations to assume responsibility for their environmental footprint, fostering a sustainable lifestyle for all. Doconomy serves over 100 clients in 35 different markets and has established keypartnerships with renowned organizations such as the United Nations Framework Convention on Climate Change (UNFCCC), Mastercard, S&P Trucost and World Wildlife Fund (WWF).
Hot news for a cooler planet 🌍 Doconomy has secured €34 million in Series B funding in a round with UBS Next, CommerzVentures and S&P Global. One of Europe’s largest funding rounds in the climate fintech sector, the closure will play a pivotal role in our mission to empower a sustainable lifestyle for all and more banks globally to drive climate action and support financial wellbeing at scale. We are most grateful for the continuous support and effort by our team, board and investors, and everyone else supporting us on this ambitious way forward! Read more on our website (link in comments)
-
-
Read all about the resilience and strength of European Climate FinTechs in today's edition of Tech.eu Thank you for mentioning our report!
European climate fintech show resilience amidst global downturn
tech.eu
-
We're very excited to share the 2024 CommerzVentures #climatefintech report! Discover the latest funding numbers, trends in individual categories, and the leading geographies. Plus, you'll get exclusive access to our #climatefintechtop50 list featuring phenomenal founders shaping #climatefintech. A big shout-out to everyone who contributed to this piece. To read the full report, check out the link in the comments below.
-
-
It’s that time of year! The CommerzVentures 2024 Climate FinTech report is coming soon, click the link in the comments to sign up and receive it in your inbox as soon it goes live.
-
We are thrilled to be leading Tuum's €25m Series B round, and join the CEO Myles Bertrand and his team on this incredible ride! At CommerzVentures we are experts in banking infrastructure. We believe that Tuum's core banking suite is addressing a deep, almost bottomless market opportunity. We are excited to be investing alongside Speedinvest, Karma Ventures and Portage .
Tuum wants to provide AI-powered core banking infrastructure. It just raised $27 million with this 16-slide pitch deck.
businessinsider.com
-
Fintech/payments investor with 20+ years backing pioneering startups globally, including unicorns Marqeta, Mambu, and etoro.
🧠 Unveiling the Illusion: Pattern Recognition Bias in VC Decisions In the world of venture capital, the quality of our decision-making can be the difference between success and failure. Yet, even the most seasoned investors aren't immune to the subtle sway of human biases. Recognizing this, we at CommerzVentures have embarked on a journey to sharpen our analytical edge, initiating a series of workshops to confront and conquer these biases head-on. I'm pleased to present the first in a sequence of posts, beginning with an exploration of the pitfalls of "pattern matching." Keep an eye out for forthcoming contributions from my colleagues, as we delve deeper into the cognitive traps that challenge the investment landscape. Many VCs talk about "pattern matching" when deciding which companies to back. However, relying on pattern analysis can be a double-edged sword. While it aids in recognizing potential, it can also lead us into the trap of Pattern Recognition Bias. Here's why this is important: - Cognitive Heuristics: We often rely on mental shortcuts to make quick decisions, but this can lead us to see patterns that align with our existing beliefs rather than reality. - Confirmation Bias: We have a tendency to interpret new information in ways that confirm our pre-existing beliefs, potentially overlooking contradictory data. - Overemphasis on Anecdotal Evidence: By focusing too heavily on specific examples, we risk perceiving patterns that don't hold up when considering the broader picture. This bias can manifest in various ways, such as Founder Background Bias, where we might assume that only founders from certain schools or companies are destined for success, or Industry Trend Bias, where we generalize about entire sectors based on a few data points. Why should investors be concerned? - It can lead to suboptimal decision-making, not supported by comprehensive evidence. - It can reinforce stereotypes, leading to biased behavior and potentially unethical outcomes. - It can cause us to miss out on opportunities by focusing on perceived patterns rather than the full spectrum of information. To mitigate these risks at CommerzVentures, we: - Implement structured decision-making processes. - Encourage diverse perspectives within our teams. - Prioritize data-driven analysis over anecdotal evidence. - Promote continuous learning and reflection. - Seek external input and collaboration. - Consider the ethical implications of our decisions. By acknowledging and addressing Pattern Recognition Bias, we can make more informed and equitable investment decisions. 📈 #biasfreeVC @CommerzVentures 🔗 Stay tuned for more posts in this series over the coming days. 🤔 What are your strategies for overcoming cognitive biases in your decision-making process? Share your insights below or reach out to continue the conversation.
-
-
Our annual offsite in the mountains is coming up, and the key topic we will explore is "bias". 💁♂️ In venture capital, we make decisions under uncertainty and with limited information. 📈 Assessing the potential of a startup is partly subjective, involving predictions and judgments about market trends, competitive landscapes, and founder teams. ❗ Therefore, it is easy for decisions to be influenced by individual and collective biases. 🤔 As at CommerzVentures we aim to become a #biasfree.vc, we start by indentifying potential biases, how they can influence our judgment, and how to design a process that excludes biases as much as possible. Stay tuned, as we embark on this journey!
-
-
Excited to share the latest funding numbers for #climatefintech. In H1 2023, funding rounds grew by 65%, despite a tough market backdrop. The total volume of funds raised decreaded by 13%, whereas the broader fintech market saw a decline by more than a half. At CommerzVentures, we look forward to continuing backing the trailblazers in #climatefintech. More than ever, the world needs the important work done by #climatefintech founders and their teams!