# CommerceNet: portfolio, investments and team > CommerceNet is a vc firm based in United States. 5 investments on record, latest May 2007. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/commercenet (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # CommerceNet Last cheque observed May 2007. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet VC firm Seed Series A Series B Healthcare Internet Security Cheques on record **0%** of best year **0** **cheques in 12 months**, 5 on record Since the last cheque **7118** days **00** hrs **00** min **00** sec Median round **$2.0M** Rounds led **0 of 5** Sole investor **3 rounds** Exits **2 from the portfolio** Mostly in **United States, 80%** Pitch CommerceNet ## CommerceNet highlights - 01 5 rounds on record - 02 Mostly Seed and Series A: 80% of its rounds - 03 Sole investor in 3 rounds, median $225K - 04 2 exits from the portfolio ## What they do > CommerceNet is an entrepreneurial research institute. We invest in exceptional people with bold ideas, freeing them to go beyond the domain of traditional research labs and venture funds. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B - **Sectors:** Healthcare Internet Security - **Based in:** Los Altos, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **5 appearances** - **2007** 2 rounds - **May** **[Angstro](https://millionrounds.com/company/angstro)** Seed · US **$225K** Sole investor - **Feb** **[PatientsLikeMe](https://millionrounds.com/company/patientslikeme)** Series A · US · patientslikeme.com **$5.0M** With 1 other - **2006** 2 rounds - **May** **[Powerset](https://millionrounds.com/company/powerset)** Series A · US **$2.0M** With 5 others - **Jan** **[ChipIn](https://millionrounds.com/company/chipin)** Venture · AE **$200K** Sole investor - **2003** 1 round - **Aug** **[SupplyFrame](https://millionrounds.com/company/supplyframe)** Seed · US **$2.0M** Sole investor An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## Exits from the portfolio Companies it backed that were later bought or listed **2 in all** **[Angstro](https://millionrounds.com/company/angstro)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Aug 2010 **[Powerset](https://millionrounds.com/company/powerset)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **$100M** Jul 2008 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Seed Series A Series B Median round joined **$2.0M** the round, not its cheque Alone, median **$225K** Led 0 of 5 rounds **0%** - **Sole investor:** 3 rounds - **Last cheque:** May 2007 - **Exits:** 2 from the portfolio Rounds by stage said on their site - Seed said *2* - Series A said *2* - Venture *1* - Series B said *-* Cheques by year Led Joined 2003 2007 **Pitching CommerceNet?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Quick answers about CommerceNet ### What does CommerceNet invest in? CommerceNet invests most often at Seed and Series A (80% of the rounds on record), in sectors such as Healthcare, Internet and Security. ### How active is CommerceNet? 5 investments on record, 0 of them in the last 12 months. The most recent was in May 2007. ### How big are CommerceNet's cheques? The median round it joins is $2.0M. ### Does CommerceNet lead rounds? Rarely, if at all: none of its 5 investments on record names it as the lead. ### Where does CommerceNet invest? Most of the companies it backs are in the United States (80%) and the United Arab Emirates (20%). ### Is CommerceNet investing now? No investments in the last 12 months; the latest was in May 2007. ### What kind of investor is CommerceNet? CommerceNet is a VC firm based in Los Altos, United States. ### When was CommerceNet founded? CommerceNet was founded in 1994. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=commercenet) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=commercenet)