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/Investors/Commerce Ventures

Commerce Ventures

3 investments·3 products on Liners

Commerce Ventures has participated in 3 funding rounds backing 3 African startups, including Rulebase, Conduit Pay, Smile ID.

Total Invested

$58.1M

Active Since

Feb 2023

Latest Investment

Sep 2025

Top Stage

Seed

Commerce Ventures Investment Regions

🇳🇬 Nigeria (2)🌍 Pan-African (1)

Commerce Ventures Investment Sectors

Legal and Compliance (1)Fintech (1)Cybersecurity (1)

Commerce Ventures Investment Timeline

Favicon of RulebaseRulebaseSeed$2.1MSep 2025
withBowery CapitalY CombinatorTranspose Platform
Favicon of Conduit PayConduit PaySeries A$36MMay 2025
withSound VenturesAltos VenturesDigital Currency GroupPortage VenturesDragonfly Capital+2 more
Favicon of Smile IDSmile IDSeries B$20MFeb 2023
withCostanoa VenturesNorrsken22ValueStream VenturesIntercept VenturesLatitude Fund+4 more

Products Backed by Commerce Ventures

Favicon of Rulebase
Rulebase🇳🇬
Automate financial compliance and QA across every interaction
Legal and Compliance
Favicon of Conduit Pay
Conduit Pay🇳🇬
Cross-border business payments using fiat and stablecoins
Fintech
Favicon of Smile ID
Smile ID🌍
Verify identities and prevent fraud across African markets
Cybersecurity

Investors Similar to Commerce Ventures

Bowery Capital (1)Y Combinator (1)Transpose Platform (1)Sound Ventures (1)Altos Ventures (1)Digital Currency Group (1)Portage Ventures (1)Dragonfly Capital (1)
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