CommerzVentures is a specialist fintech investor backing early and growth stage companies across sectors including fintech, insurtech, and climate fintech.
Portfolio
6
companies
AUM
£550M
under management
Cledara
Cledara offers a software management platform designed for growing companies.
Climate X
Climate X delivers climate risk analytics and loss estimates for physical assets.
WeGift
WeGift provides a digital payouts platform that automates corporate rewards and incentives.
Concirrus
Concirrus provides specialty analytics software and behavioural-based underwriting platforms for the insurance industry.
Bought By Many
Bought By Many provides digital pet insurance policies for cats and dogs.
Mosaic Smart Data
Mosaic Smart Data provides real time capital markets data analytics technology for financial institutions.
Heiko Schwender
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.
LinkedInPaul Morgenthaler
Managing Partner
CommerzVentures led the Series A round with participation from Carbide Ventures, Massive, Nauta Capital, and Notion Capital.
"Cledara is a result of my life-long desire to start a company that focussed on helping people"
CommerzVentures and A/O PropTech led the seed financing to support product expansion and service growing customer demand.
"Accurately quantifying exposure to climate risk is now an economic, statutory, and moral necessity. Without concerted action, extreme weather events have the potential to cost trillions of dollars to the global economy. The built world will bear the brunt of this. Climate X’s platform gives a range of actors across many industries the tools they need to understand, assess, predict and report the exposure of their physical assets to ecological challenges – and in doing so enable them to start planning and investing accordingly to reduce future losses and pain."
AlbionVC led the follow-on investment alongside new participant CommerzVentures to support product development and international growth.
"Currently payments are a one-way street"
CommerzVentures has provided a £4.8m investment to support the specialty analytics insurtech.
"Our passion lies in helping fintech and insurtech companies to succeed. We believe Concirrus has the best solution to manage risk in the marine insurance industry. Ultimately, it will serve insurance carriers in a variety of supply chain industries. The team combines deep industry experience and technology expertise. We believe that Concirrus is on a very exciting growth journey and we’re very much looking forward to being part of it."
FTV Capital led the £78.4m growth equity round with backing from existing investors to support new market entries and product development.
"We’re delighted to close this round with the full support of our investors. This investment gives us the opportunity to look ahead, create more jobs and provide the insurance pet owners care about for years to come."
The investment round was co led by CommerzVentures and Octopus Ventures with participation from J.P. Morgan.
"Data analytics is becoming an integral part of every industry and the capital markets are no different. We will soon be at a position where it is a prerequisite for performance in the markets. This presents a huge opportunity for Mosaic Smart Data, which has built a platform which sets the gold standard for capital markets analytics. We are thrilled to be part of Mosaic Smart Data’s journey."
