Investors

Group Commerce was founded in 2010 by a veteran team of entrepreneurs and technologists. It is backed by Spark Capital, Carmel Ventures, Lerer Ventures, and Bob Pittman.

 
  • Spark Capital

    Spark Capital is a venture capital firm based in Boston, Massachusetts with investments focused on the conflux of the media, entertainment and technology industries. Over the last decade, the Spark team has been instrumental in the development of new markets and market leaders such as Akamai Technologies, Qtera, Aether Systems, Novatel Wireless, Twitter, 5Min, Altius Education, AdMeld, Verivue and Tumblr. With deep experience and $980 million under management, Spark Capital provides world-class entrepreneurs and revolutionary companies with the resources to succeed in today's marketplace.


    Todd Dagres

    Todd leads the drive to find the home runs, to uncover the 100x opportunities. He has said that his work to bring Akamai from idea to publicly traded company was his doctoral thesis in venture capital. It is that bedrock of knowledge and the experiences built upon it that he brings to Spark and its partner companies.

  • Carmel Ventures

    With over $600 million currently under management, several successful exits, and a growing portfolio of promising start-ups, Carmel is among Israel’s top-tier venture capital funds. Carmel’s investments are focused primarily on early stage companies in the fields of Software, Communications, Internet, Media, Semiconductors, and Consumer Electronics. Founded in 2000 by pioneers and leaders of the high tech industry, Carmel provides significant capital and active, hands-on support through the growth cycle of its portfolio companies and is recognized as a true company building fund.


    Shlomo Dovrat

    Shlomo Dovrat has over 20 years of recognized leadership in the hi-tech entrepreneurial and investment scene. He co-founded Viola Group and Carmel Ventures in 2000, and has served as CEO and Chairman for several companies with a successful global track record.