Commerce Ventures
Commerce Ventures is a venture capital firm based in San Francisco, California, founded in 2013. The firm specializes in growth capital investments within the commerce sector, focusing on areas such as mobile technology, payments, retail technology, fintech, and insuretech. Commerce Ventures distinguishes itself by assembling a diverse group of investors that includes leading entrepreneurs, senior executives, and corporate partners from its targeted sectors. This strategic blend not only provides capital but also enhances the support available to portfolio companies, helping them scale their innovations in commerce.
Autobooks, Inc. is a provider of integrated payment and accounting software designed specifically for small businesses, delivered through financial institutions. Founded in 2015 and based in Detroit, Michigan, the company offers a cloud-based platform that seamlessly connects bank accounts with various financial tools to enhance cash flow, streamline account reconciliation, and foster business growth. Its services include integrated payment applications such as invoicing and bill pay, merchant services, treasury products, and automated accounting solutions. By enabling financial institutions to offer these essential back-office services, Autobooks helps small businesses effectively manage their finances and improve their understanding of digital banking channels.
Ledgible, developed by Verady, LLC, is a platform designed for the accounting, verification, and auditing of cryptocurrency and blockchain assets. It serves financial institutions, corporations, and accounting firms, addressing the gaps in traditional accounting systems regarding these innovative assets. Founded in 2016 and based in Atlanta, Georgia, Verady aims to enhance the acceptance and growth of blockchain assets by providing a robust solution that integrates seamlessly with existing financial verification and reporting processes. The Ledgible platform facilitates the necessary oversight and assurance needed in the evolving landscape of cryptocurrency, bridging the divide between traditional finance and emerging digital assets.
Udhaar Book is a digital ledger application designed to assist small businesses in managing their financial transactions. The platform enables users to maintain an online ledger that records outstanding debts and facilitates communication with customers and suppliers. By providing automated reminders for payments, Udhaar Book aims to enhance cash flow and streamline the credit management process. This user-friendly solution allows businesses to efficiently track their financials and improve their overall collection efforts.
Spenmo is an expense management platform that assists businesses in overseeing their spending. It provides tools for tracking company cards, automating invoice payments, and managing digital ledgers for transactions. The platform integrates various features such as internal spend management, corporate cards, automated bill payments, and approval workflows, allowing companies to streamline their accounting processes. By offering a comprehensive view of expenses, Spenmo enables organizations to decentralize spending, digitize operations, and significantly reduce the time dedicated to financial management tasks.
Bill.com is a provider of cloud-based software designed to simplify and automate back-office financial operations for small and midsize businesses globally. The platform leverages artificial intelligence to enhance connections between businesses and their suppliers and clients, facilitating the management of cash inflows and outflows. Bill.com offers a suite of software-as-a-service products that automate accounts payable and receivable transactions, aiming to improve operational efficiency. The company also provides onboarding support, ongoing training, and assistance to ensure users can effectively implement their solutions. Bill.com collaborates with numerous prominent financial institutions and accounting firms, gaining endorsements from industry organizations. Founded in 2006 and headquartered in Palo Alto, California, Bill.com has received multiple awards for its workplace culture and innovation.
Bill.com is a provider of cloud-based software designed to simplify and automate back-office financial operations for small and midsize businesses globally. The platform leverages artificial intelligence to enhance connections between businesses and their suppliers and clients, facilitating the management of cash inflows and outflows. Bill.com offers a suite of software-as-a-service products that automate accounts payable and receivable transactions, aiming to improve operational efficiency. The company also provides onboarding support, ongoing training, and assistance to ensure users can effectively implement their solutions. Bill.com collaborates with numerous prominent financial institutions and accounting firms, gaining endorsements from industry organizations. Founded in 2006 and headquartered in Palo Alto, California, Bill.com has received multiple awards for its workplace culture and innovation.
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