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CommerzVentures

CommerzVentures

Corporate

CommerzVentures is the corporate venture capital arm of Germany's Commerzbank.

Portfolio

11

companies

AUM

£550M

under management

Investment by month

By category

  • InsurTech£98.2M
  • AI/ML£60.9M
  • FinTech£47.0M
  • Big Data£31.6M
  • Blockchain£26.3M
  • Other£26.8M

By location

  • London£154M
  • Europe£93.4M
  • France£26.3M
  • Denver£17.1M

Portfolio companies

Artificial Labs

Artificial Labs

Artificial Labs provides digital broking and underwriting technology for the specialty and commercial insurance markets.

BB

Bought By Many

Bought By Many offers digital insurance products.

Cledara

Cledara

Cledara offers a software management platform designed for growing companies.

Climate X

Climate X

Climate X delivers data analytics that project and price climate risks for physical assets.

Concirrus

Concirrus

Concirrus provides specialty analytics software and behavioural-based underwriting platforms for the insurance industry.

Deblock

Deblock

Deblock provides a fully on chain banking solution that unifies traditional current accounts with self custody crypto wallets.

View all 11 companies

Team

Heiko Schwender

Heiko Schwender

Managing Partner

Heiko brings venture capital and strategy experience from CommerzVentures and Commerzbank AG. He serves as managing partner at CommerzVentures, having previously held principal and partner roles at the firm.

LinkedIn
Paul Morgenthaler

Paul Morgenthaler

Managing Partner

Paul serves as Managing Partner at CommerzVentures alongside holding board positions across several companies.

LinkedIn
ST

Stefan Tirtey

Managing Partner


Recent investments

Series A
$13.0M

Octopus Ventures and CommerzVentures joined the round to support international expansion and product development.

"What we’re building is the agent layer that financial services need to run their customer operations autonomously. It has to work the way they do, connect to the systems they have already built, and handle the long-running work that has stayed manual until now"
— Dimitri Masin, Co-founder and CEO
Series B
£32.9M

The round was led by CommerzVentures with backing from Move Capital Fund I and existing investors to support global growth.

"This round gives us the room to grow with confidence. The investment allows us to scale in a way that keeps pace with our clients. We have the teams, the technology, and the stability to support the largest brokers and carriers as they modernise how they operate."
— David King, Co-Founder
Series A
£26.3M

Speedinvest led the Series A round to fund the company expansion into Germany and the wider European market.

"With a strong footprint in our home market France, Germany is the perfect starting point for our ambitious European expansion. Our goal is to create a clear and secure way to use both euros and digital assets in everyday life – and these markets are critical to defining the future of on-chain banking in Europe."
— Jean Meyer, Co-founder and CEO
Series A
£14.2M

GV led the Series A round for the climate risk platform, which will use the capital to scale its presence in North America and Europe.

"In just over one year since going to market, Climate X has become one of the world’s fastest growing providers of physical climate risk data and analytics, driving value for global financial services clients with over $6.5 trillion in combined AUM. Assessing the impact of physical climate risk on asset valuations and business operations is now a necessity, not a nice-to-have."
— Lukky Ahmed, CEO
Series B
£47.0M

The Series B round was led by IVP to support expansion into APAC and the Americas.

"Testament to our progress and our vision for real-time payments everywhere, we’re thrilled to be working with our new partners at IVP, joining their portfolio of leading global brands. We’re staying focused, and humble, as we embark on this next chapter."
— Tom Greenwood, CEO