Commerce VenturesInvestor Index fintech portfolio in accounting and finance software
Ranked #33 of 129January 2020 – September 2026
Commerce Ventures backed 9 accounting and finance software companies in 11 rounds between January 2020 and September 2026, ranking #33 in the Investor Index. It led none of the rounds. The rounds it backed raised US$340m in total. Its most frequent areas were payables and receivables and spend management, with 3 rounds each.
11Rounds
0Led
US$340mRaisedin its rounds
#33Rank
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Rounds each quarter
Rounds led or joined
Q1 20201
Q2 20200
Q3 20200
Q4 20200
Q1 20210
Q2 20210
Q3 20212
Q4 20210
Q1 20221
Q2 20222
Q3 20221
Q4 20220
Q1 20230
Q2 20231
Q3 20230
Q4 20230
Q1 20240
Q2 20241
Q3 20240
Q4 20241
Q1 20250
Q2 20250
Q3 20250
Q4 20250
Q1 20261
Q2 20260
Q3 20260
Where it invests
Rounds by product area
Payables and receivables3
Spend management3
Payroll2
Bookkeeping1
ERP and general ledger1
Tax and compliance1
Portfolio companies
9 accounting and finance software companies it backed, A to Z
Every round
Largest first, as announced
Download all All 925 rounds since 2020| Company | Amount | Round | Role | When |
|---|---|---|---|---|
| Clara | US$60m | Funding round | Joined | Apr 2023 |
| Doss | US$55m | Series B | Joined | Mar 2026 |
| Autobooks | US$50m | Series C | Joined | Jun 2022 |
| Finaloop | US$35m | Series A | Joined | Jun 2024 |
| Spenmo | US$34m | Series A | Joined | Sep 2021 |
| Spenmo | US$34m | Series A | Joined | Jan 2022 |
| Paystand | US$20m | Series B | Joined | Feb 2020 |
| Ledgible | US$20m | Series A | Joined | Jun 2022 |
| Zeal | US$15m | Series B | Joined | Oct 2024 |
| Zeal | US$13m | Series A | Joined | Aug 2021 |
| Duplo | US$4.3m | Seed round | Joined | Aug 2022 |
How it’s compiled
- Every funding round announced
- Rounds led or joined by the firm
- Rounds as announced, totals in US$
Get the funding report and the Investor Index on the 1st of each month, with the accounting technology briefing for finance professionals.
