# Commerce Ventures (slim)

> Commerce Ventures's investments in AI tools on Anchor Terminal, Swell and Puzzl Group Inc., with each listing's grade and the founders behind it.

- Full: https://www.anchorterminal.com/investors/commerce-ventures/index.md (~550 tokens) · this version ~430 tokens · JSON https://www.anchorterminal.com/investors/commerce-ventures/index.json · canonical https://www.anchorterminal.com/investors/commerce-ventures/
- Index: https://www.anchorterminal.com/llms.txt · API: https://www.anchorterminal.com/api/v1/index.json · MCP: https://www.anchorterminal.com/mcp · Updated: 2026-10-28
- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)

Venture firm.

Website: https://www.commerce.vc

## Companies on Anchor Terminal

- **Swell**, Series A, March 2022
  - [Swell](https://www.anchorterminal.com/tools/swell.md), graded C, 55/100
  - Source: https://www.swell.is/blog/swell-raises-20-million-to-build-the-future-of-ecommerce
- **Puzzl Group Inc.**, Series A, August 2021
  - [Zeal](https://www.anchorterminal.com/tools/zeal.md), graded E, 45.7/100
  - Source: https://techcrunch.com/2021/08/27/zeal-banks-13m-to-offer-employers-a-build-your-own-payroll-product-infrastructure/

## Where they invest

- Commerce & checkout, 1
- Payroll infrastructure, 1

## Founders they backed

- [Kirti Shenoy](https://www.anchorterminal.com/people/kirti-shenoy/), Puzzl Group Inc.
- [Pranab Krishnan](https://www.anchorterminal.com/people/pranab-krishnan/), Puzzl Group Inc.

## Questions

### Which AI tools has Commerce Ventures invested in?

Anchor Terminal lists Swell and Puzzl Group Inc.

### How are Commerce Ventures's companies graded?

On Anchor Terminal's benchmark, Swell (C, 55) and Zeal (E, 45.7).

Investors are named from the companies' own announcements, the investors' own pages, Y Combinator's company pages, public filings and news reports of a round, each with its source.