Top VCs / December 20, 2023
Asaf Fybish

As a growth marketing expert, Asaf helps startups driving scalable growth through data-driven strategies and innovative marketing techniques.

Top E-commerce VCs To Watch in 2024

E-commerce has been on the horizon since the start of the internet. Back in the day it was common for people to buy things on eBay. Now though, people are buying everything online, from clothes, devices and much more. It seems that nowadays people can get anything with just the push of a button and the convenience granted by that has caught the attention of numerous e-commerce VCs. The number of top VCs that are investing and growing the overall market has increased in the last decade.


1. Social Starts

Year Founded: 2012

HQ: San Francisco, USA

Size: 11-50

Founders: William Lohse

Social Starts is an American VC firm that is very actively involved in E-commerce VC, the company was founded in 2012 and is currently based in San Francisco, USA. The company mainly focuses its efforts on early-stage ventures and seed-stage funding and has been involved in a number of Ecommerce ventures.

Since being founded, the firm has managed four investment funds and these funds have allowed the company to make a series of 432 investments. From these investments, the company has currently made an exit from 57 of these.

2. DN Capital

Year Founded: 2000

HQ: Menlo Park, USA

Size: 11-50

Founders: Nenad Marovac, Steve Schlenker

DN Capital is an American VC firm that has made several ventures into E-commerce VC, the firm is based in Menlo Park and was founded in 2000. The business focuses its investment efforts on early-stage ventures and invests in companies across both sides of the Atlantic Ocean, with a diverse portfolio.

Since being founded, the firm has managed a total of five investment funds, which have been used to make a series of 258 investments. From these investments, the company has currently made an exit from 46 of these.

3. Kima Ventures

Year Founded: 2010

HQ: Paris, France

Size: 1-10

Founders: Jeremie Berrebi, Xavier Niel

Kima Ventures is a French VC firm that is heavily involved in E-commerce VC, with the company founded in 2010 and currently operating from an HQ in Paris. The business focuses its investment efforts on early-stage funding and seed companies. These investments are usually made as the lead investor.

Since being founded, the company has managed to make a series of 626 investments into various startups and from these investments, the company has managed to make an exit from 81 of these investments.

4. Rocket Internet

Year Founded: 2007

HQ: Berlin, Germany

Size: 251-500

Founders: Alexander Samwer, Christopher Strauch, Fabio Tran, Issam Abedin, Jan Wilmking, Jeremy Hodara, Marc Samwer, Michele Ferrario, Navid Hadzaad Javaherian, Nickyl Raithatha, Oliver Samwer, Stefan Jung, Steffen Wulff Petersen, Tito Costa

Rocket Internet is a German company that is very active in E-commerce VC and was founded in 2007, the company currently has an HQ in Berlin. The business invests in and helps to grow technology companies and helps them to expand their presence in an effort to create truly global brands.

Since being founded, the company has made a total of 145 investments and a series of eight acquisitions. From these investments, the company has currently managed to make an exit from 38 of these.

5. Lerer Hippeau

Year Founded: 2010

HQ: New York, USA

Size: 11-50

Founders: Ben Lerer, Eric Hippeau, Ken Lerer

Lerer Hippeau is an American VC firm that was founded in 2010 and is currently based in New York, USA. The company has a history of making investments in E-commerce VC and this investment typically comes in the earlier stages of the life cycles of these companies. The firm helps founders to build their brand.

Since being founded, the firm has managed ten investment funds and this has allowed the company to make a series of 580 investments and from these investments, the company has currently made an exit from 136 of these.

6. New Enterprise Associates

Year Founded: 1977

HQ: Menlo Park, USA

Size: 51-100

Founders: Chuck Newhall, Frank A. Bonsal, Jr., Richard Kramlich

New Enterprise Associates is an American VC firm that was founded in 1977 and is currently based in Menlo Park, California. The company invests in a wide range of businesses, including E-commerce, technology and healthcare. This investment can come across any point in the life cycle of the business and this highlights the strength of available capital and investment expertise amongst the team.

Since being founded, the firm has managed a total of 13 investment funds and the company has used these funds to make a series of 2012 investments. From these investments, the company has currently made an exit from 547 of these investments.

7. Shoptalk Ventures

Year Founded: 2015

HQ: San Francisco, USA

Size: 1-10

Founders: Anil D. Aggarwal

Shoptalk Ventures is an American VC fund that was founded in 2015 and is currently based in San Francisco, USA. The company is the venture arm of Shoptalk and provides early-stage VC for E-commerce businesses. The business also holds regular events in an effort to connect investors with projects that are interesting and profitable to them.

Since being founded, the company has managed a single investment fund and the details of how this fund has been used are not currently publicly available.

8. Greenoaks

Year Founded: 2012

HQ: San Francisco, USA

Size: 11-50

Founders: Neil Mehta

Greenoaks is an American VC firm that was founded in 2012 and is currently based in San Francisco, USA. The company provides funding across most stages of the company life cycle and focuses on providing investment to technology companies and some of these investments have included E-commerce businesses.

Since being founded, the company has managed three investment funds and it has used these funds to make a series of 92 investments. From these investments, the company has currently made an exit from seven of these.

9. Retail Ecommerce Ventures

Year Founded: 2019

HQ: Beverly Hills, USA

Size: 1-10

Founders: Alex Mehr, Tai Lopez

Retail Ecommerce Ventures is an American firm that was founded in 2019 and is currently based in Beverly Hills, USA. The company focuses on creating better online stores and helps them to grow to be truly global brands. The aim is to help companies struggling with physical sales to enter the digital market.

Since being founded, the company has acquired 5 companies and has not made an exit from any of its investments.

10. Demium

Year Founded: 2013

HQ: Valencia, Spain

Size: 51-100

Founders: Jorge Dobon

Demium is a Spanish VC firm that was founded in 2013 and is currently based in Valencia, Spain. The company provides investment in a number of markets and has been involved in E-commerce VC. Investment tends to come in the early stages of the business life cycle and the company helps these businesses to grow.

Since being founded, the firm has managed two investment funds and has used these funds to make a series of 29 investments. From these investments, the company has currently made an exit from 1 of these.

11. Tandem Capital

Year Founded: 2007

HQ: Menlo Park, USA

Size: 1-10

Founders: Doug Renert, Sunil Bhargava

Tandem Capital is an American VC firm that was founded in 2007 and is currently based in Menlo Park, USA. The company focuses its investments on product-based businesses and helps them to implement better go-to-market strategies, which includes ventures into E-commerce as a market.

Since being founded, the company has managed three and investment funds and these funds have been used to make 65 investments. From these investments, the company has made an exit from 16.

12. Adevinta Ventures

Year Founded: 2018

HQ: Barcelona, Spain

Size: 1-10

Founders: Adevinta

Adevinta Ventures is a Spanish VC firm that was founded in 2018 and is currently based in Barcelona, Spain. The company invests in marketplace technologies and its investments tend to come in the early stages of the company life cycle, creating better E-commerce solutions for businesses and customers.

Since being founded, the company has managed a single investment fund and used it to make a series of eight investments. From these investments, the company has currently exited from one of these.

13. Cabra VC

Year Founded: 2016

HQ: LA, USA

Size: 1-10

Founders: Alexey Alexanov, Shukhrat Ibragimov, Vladimir Cherepov

Cabra VC is an American VC firm that was founded in 2016 and is currently based in LA, USA. The company focuses its investment efforts on subscription-based startups, which includes VC funding for a large number of E-commerce businesses. This funding tends to come in the early and stage stages of the company life cycle.

Since being founded, the company has made a series of 32 investments. From these investments, the company has made an exit from a total of four. The business has also made a single diversity investment in that time.

14. FJ Labs

Year Founded: 2015

HQ: New York, USA

Size: 11-50

Founders: Jose Marin

FJ Labs is an American VC firm that was founded in 2015 and is currently based in New York, USA. The company is heavily involved in E-commerce VC and its funding tends to come in the early and seed stages of the business life cycle. The focus is also on marketplaces and customer-centric technology.

Since being founded, the company has made a series of 581 investments into various businesses. From these investments, the company has currently made an exit from 55 of these investments.

15. Floodgate

Year Founded: 2006

HQ: Palo Alto, USA

Size: 1-10

Founders: Ann Miura-Ko, Mike Maples Jr

Floodgate is an American VC firm that was founded in 2006 and is currently based in Palo Alto, USA. The company mainly invests in digital technology ventures. This funding comes across all of the stages of the company life cycle and includes many E-commerce VC investments. This also includes debt financing.

Since being founded, the company has managed six investments funds and these funds have allowed the firm to make a series of 347 investments. From these investments, the company has made an exit from 90.

16. Piton Capital

Year Founded: 2010

HQ: London, England

Size: 1-10

Founders: Andrin Bachmann, Greg Lockwood

Piton Capital is an English VC firm that was founded in 2010 and is currently based in London, England. The company focuses its investments efforts on online businesses, which includes E-commerce marketplaces and more. This funding comes across all of the stages of the business life cycle.

Since being founded, the firm has managed four investment funds and these funds have been used to make a series of 93 investments. From these investments, the company has made a total of eleven exits.

17. Uncork Capital

Year Founded: 2004

HQ: San Francisco, USA

Size: 1-10

Founders: Jeff Clavier

Uncork Capital is an American VC firm that was founded in 2004 and is currently based in San Francisco, USA. The company focuses on technology startups and a large amount of their investments include E-commerce startups. The company provides investment across all stages of the company life cycle.

Since being founded, the company has managed a total of seven investment funds and these funds have been used to make a series of 382 investments. From these investments, the company has made an exit from 96 of these.

18. White Star Capital

Year Founded: 2007

HQ: New York, USA

Size: 11-50

Founders: Christian Hernandez, Eric Martineau-Fortin, Jean-Francois Marcoux

White Star Capital is an American VC firm that was founded in 2007 and is currently based in New York, USA. The company focuses its investment on technology companies, which includes ventures into E-commerce VC. The funding provided by the firm comes in the early stage of the company life cycle.

The firm has managed a total of five investment funds since being founded, which has allowed it to make a series of 124 investments. From these investments, the company has made an exit from 14 of these.

19. Sova VC

Year Founded: 2020

HQ: London, England

Size: 1-10

Founders: Alexander Chikunov

Sova VC is an English VC firm that was founded in 2020 and is currently based in London, England. The company mainly focuses on marketplaces and technology platforms to help businesses win new customers. This funding comes across multiple stages of the business life cycle.

Since being founded, the company has managed a single investment fund. From this investment fund, the company has made a series of four investments. As it stands, the company has not made an exit from any of these investments.

20. Dutch Founders Fund

Year Founded: 2018

HQ: Amsterdam, The Netherlands

Size: 11-50

Founders: Bas Beerens, Laurens Groenendijk, Patrick Kerssemakers

Dutch Founders Fund is a Dutch VC firm that was founded in 2018 and is currently based in Amsterdam, The Netherlands. The company provides investment to digital platforms and E-commerce marketplaces across the early stages of the business life cycle, helping these companies to reach the next level.

Since being founded, the company has made a series of 17 investments from a single investment fund. As it stands currently, the business has not made an exit from these investments.

21. Starting Line

Year Founded: 2018

HQ: Chicago, USA

Size: 1-10

Founders: Ezra Galston

Starting Line is an American VC firm that was founded in 2018 and is currently based in Chicago, USA. The company focuses its investment efforts on consumer-centric startups, which includes E-commerce. This funding tends to come during the seed stage of the company life cycle.

Since being founded, the company has managed a total of four investment funds and these funds have been used to make a series of 22 investments. As it stands, the company has not made an exit from these investments.


FAQs

How Big is The E-commerce Sector?

The retail e-commerce market globally was valued at $4.9 Trillion in 2021.

How Many E-commerce Startups Are There?

It is estimated that there are between 4-5 Million ecommerce businesses in the world.

Top E-commerce VCs To Watch...
Asaf Fybish

As a growth marketing expert, Asaf helps startups driving scalable growth through data-driven strategies and innovative marketing techniques.