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Meet the Team

Dan Rosen

Partner

Dan has been investing in tech startups for 20 years. He founded Commerce Ventures with the vision of creating a sector-focused firm that demonstrably helps its portfolio companies.

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Dan has been investing in tech startups for 20 years. He founded Commerce Ventures with the vision of creating a sector-focused firm that demonstrably helps its portfolio companies.

At Commerce, Dan focuses on technology innovations in the payments, financial services and insurance fields. He serves on the boards of Blooom, ClickSWITCH, Kin and Socure, and participates as an observer on several other portfolio boards, such as BillGO and MX Technologies. Prior to starting Commerce Ventures, Dan was a Principal at Highland Capital Partners, where he focused on mobile and payments-related startups. He has also worked as an Associate at HarbourVest Partners, in Corporate Development at RSA Security, and as a financial services software consultant for American Management Systems (now CGI Group).

Dan studied Finance and Information Systems at the University of Pennsylvania and earned an MBA with Distinction from Harvard.

Fun Fact: Dan funded his adolescent baseball card and comic book collecting habits by delivering the Boston Globe newspaper early each morning (rain or shine).

Matt Nichols

Partner

Matt has been an investor in and operator of early stage technology companies with roles at Highland Capital Partners, Morgan Stanley, Google, and Gemvara.

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Matt has been an investor in and operator of early stage technology companies for 20 years. He has a specific focus on commerce and retail technology.

Prior to Commerce Ventures, Matt was the CEO of Gemvara, a disruptive jewelry eCommerce business that was sold to Berkshire Hathaway. Matt also worked as a venture capitalist at Highland Capital Partners and Morgan Stanley Venture Partners where his investments included Bullhorn (Acq’d by Vista Equity Partners), Pixable (Acq’d by SingTel), Avamar (Acq’d by EMC), Tarari (Acq’d by LSI), and Perceptive Software (Acq’d by Lexmark). Matt was a member of Morgan Stanley‘s Technology Corporate Finance team where he was part of the Google IPO team and also spent time in Google’s corporate development group.

Matt studied Economics at Pomona College and earned an MBA with high distinction from the Tuck School of Business at Dartmouth.

Fun Fact: Matt was once a nationally ranked badminton player.

Ysbrant Marcelis

Development Partner

Ysbrant has been an operating executive in the financial services and commerce industries for the past 15 years, including roles at Vantiv (now Worldpay), Citi, and Booz.

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Ysbrant has been an operating executive in the financial services and commerce industries for the past 15 years. His experience includes leading strategy and business development across four continents for Fortune 500 companies as well as start-ups.

Prior to joining Commerce Ventures, Ysbrant led enterprise strategy and business development at Vantiv (now Worldpay). Prior to that, he served as SVP & Director of Global Digital Strategy at Citigroup, where he led initiatives focused on mobile strategy, global payments infrastructure, consumer digital, and cross-Citi digital governance. Ysbrant started his career with Booz & Company, where he advised financial services, telecom and media clients in the U.S., Europe and Middle East. Ysbrant was also a Co-Founder of OpenRevolution, which was created to leverage mobile to expand access to financial services across 25 countries and 5 continents.

Fun Fact: Originally from Amsterdam, Ys has lived in 4 countries and traveled to over 35.

Vivek Krishnamurthy

Principal

Vivek joined Commerce Ventures from Financial Technology Partners where he worked on numerous M&A and Private Placement transactions for FinTech companies.

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Vivek joined Commerce Ventures in 2017 and was promoted to Senior Associate in 2018.

Previously, Vivek was an investment banking analyst at Financial Technology Partners where he was involved with numerous M&A and Private Placement transactions for growth and late stage FinTech & InsurTech companies

Vivek is a graduate of the University of Southern California’s Marshall School of Business.

Fun Fact: Vivek is a documentary nut and has watched 200 (and counting!) films.

Craig Stanton

VP Business Development

Craig has spent his career across multiple stages of the technology company lifecycle - with roles in early and late stage startups as well as venture capital.

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Prior to Commerce Ventures, Craig led business development and partnerships at Freebird, a Boston-based travel technology company (acquired by Capital One). Before Freebird, Craig managed fundraising and marketing for Top Tier Capital Partners, a venture capital investment firm in San Francisco. Craig started his career on the corporate development and strategy teams at Monitise, a London-based financial technology company (acquired by Fiserv).

Craig is a graduate of Connecticut College with a degree in Biochemistry, Cellular and Molecular Biology.

Fun fact: Craig played tennis and squash in college, and is a certified tennis teaching professional.

Liz Lessis

Fund Controller

Liz is an experienced accounting professional and certified public accountant. Before joining Commerce Ventures, Liz held roles at ASICS Digital, Inc., Gemvara, and DiCicco, Gulman & Company LLP, a Boston-area public accounting firm.

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Liz joined Commerce Ventures in 2020. She previously served as Controller at ASICS Digital, Inc. (formerly Runkeeper), a global division of ASICS Corporation focused on building digital technologies, and Gemvara, an e-commerce jewelry company. Liz began her career with DiCicco, Gulman & Company with a focus in assurance and taxation. She is a certified public accountant.

Liz is a graduate of Northeastern University with a B.S. in Accounting and an M.S. in Taxation.

Fun Fact: Liz enjoys creative activities such as hand lettering and flower arranging.

Cassie Fabel

Office Manager & Executive Assistant

Cassie is our Office Manager and Executive Assistant to Dan Rosen and Matt Nichols. She handles administrative logistics and strategic executive support. Previously, she held executive support and planning roles with Verizon, Pinterest and Sofinnova Ventures.

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Cassie is our Office Manager and Executive Assistant to Dan Rosen and Matt Nichols. She handles administrative logistics and strategic executive support. Previously, she has held roles with Verizon, Pinterest and Sofinnova Ventures in Executive Support and planning roles.

Cassie graduated from San Francisco State with a BA in Liberal Studies with an emphasis on Parks and Recreation Programs.

Fun Fact: Cassie is very active in the Swedish American Patriotic League of San Francisco but she is not actually of Swedish descent.

Andrea Fitzhenry

Executive Assistant

Andrea has been a member of the Commerce Ventures team since 2014. Since joining she has helped with a variety of administrative efforts including executive support and event planning. Previously, she has held Executive and Marketing Assistant roles at Highland Capital Partners and Pyramid Management Group.

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Andrea has been a member of the Commerce Ventures team since 2014. Since joining she has helped with a variety of administrative efforts including executive support and event planning. Previously, she has held Executive and Marketing Assistant roles at Highland Capital Partners and Pyramid Management Group.

Andrea graduated from Massachusetts College of Liberal Arts with a major in Business Administration with a marketing concentration and a minor in English Communications.

Fun Fact – Andrea is mom to 1 son, 2 daughters, an Italian Greyhound and a long-haired miniature Dachshund.

Claire Jacobs

Commerce Fellow

Claire is our Winter 2021 Fellow and is currently a junior at the University of San Francisco studying Entrepreneurship and Innovation.

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Claire has internship experience working for early stage startups in the wellness and ed-tech sectors. In these experiences she focused on market research and product development. At the onset of the COVID-19 pandemic Claire also began a research project with the USF Gellert Family Business Center, where she interviewed family businesses in the Bay Area and captured industry themes. Her research culminated with an impact report and strategic guidance for Bay Area family businesses to move forward. At the University of San Francisco Claire is pursuing an  accelerated undergraduate degree in entrepreneurship and innovation. Her highlights at USF include leading a student immersion in Lima, Perú which focused on social political fallout, participating in the Women in Business development and operations team, and staff writing for the San Francisco Foghorn.

 

Fun fact: Claire is an avid hiker and is now training for the Trans-Catalina trail this spring.

Pete Kight

Senior Advisor

Pete is an independent investor and advisor to Commerce Ventures. He was recently Managing Partner at Comvest Partners, which he joined in 2010. Prior to joining Comvest, Pete was the Founder, Chairman, and CEO of CheckFree Corporation.

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Pete is a senior advisor to Commerce Ventures and an active independent angel investor. He has been involved since the inception of our firm and works closely with Commerce Ventures on investments and thematic work in the payments and banking fields. Pete was the Founder, Chairman, and CEO of CheckFree Corporation, which he led from start-up in 1981 until December 2007 when it was sold to Fiserv (FISV) for $4.4 billion. At the time of sale, CheckFree was a primary global supplier of electronic banking technology and services, the largest provider of electronic billing and payments services, with revenues of $1.1 billion. Pete has served on several public and private company boards, including Akamai (AKAM), Blackbaud (BLKB), Cartera Commerce, CynergyData (Chairman), Fiserv (where he also served as Vice Chairman), Huntington Bancshares (HBAN), Kabbage and Manhattan Associates (MANH).

Daniel J. Eckert

Senior Advisor

Daniel spent the last decade in progressive levels of responsibility as a senior executive at Walmart Inc., where he served as a key member of the U.S. leadership team responsible for Walmart’s retail- and omni-channel business transformation.

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Before joining as a senior advisor to Commerce Ventures, Daniel spent the last decade in progressive levels of responsibility as a senior executive at Walmart Inc., where he served as a key member of the U.S. leadership team responsible for Walmart’s retail- and omni-channel business transformation. Daniel’s responsibilities spanned Walmart’s financial, retail, automated, and in-store pickup service lines as well as leadership over its Omnichannel shopping tools and Omni product catalog services, spanning 4,700 stores, 64,000 automated kiosks, and all of Walmart’s digital platforms.

While at Walmart, Daniel was responsible for the conceptualization, implementation, and growth of such market-disruptive fintech innovations as: Walmart’s financial services point-of-sale platform; Walmart2Walmart Money Transfer services; Bluebird by American Express; Prize Savings with Green Dot; Mobile Express Money Services; and, Earned Wage Access with Even & PayActiv.

Daniel also conceived, developed and implemented Walmart’s highly successful mobile wallet innovation, Walmart Pay, as well as built more than a dozen other pioneering Omnichannel shopping tools that moved the Walmart App from 685th to 2nd in popularity in iOS the App Store.

Most recently, Daniel served as the Chief Product, Strategy and Development Officer at Green Dot Corporation, and has held other positions at HSBC, JPMorgan Chase & Co., Accenture Ltd.  Earlier in his career he was a founder and president of an early-stage investment banking company.

Daniel studied diplomatic history at the University of Michigan and earned an MBA with High Honors from University of Chicago Booth School of Business.  He also served as an Officer in the United States Marine Corps.

Fun Fact:  Daniel became obsessed with craft beer before craft beer was a “thing.” It led him to the hobby of homebrewing, which he’s been doing now for nearly 30 years.

Barry Rodrigues

Senior Advisor

Barry has a long and successful track record as an executive in consumer finance, most recently as CEO of Barclays Cards & Payments and CEO of Barclays Bank NA.

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Barry has a long and successful track record as an executive in consumer finance, most recently as CEO of Barclays Cards & Payments and CEO of Barclays Bank NA. In this role, he led Barclays’ US co-brand business (4th largest co-brand issuer in the U.S.) and digital bank, with more than $15B in online deposits. He also led Barclays’ U.K. acquiring, point of sale finance and corporate card businesses as well as their German card and point of sale finance businesses. Prior to Barclays, Barry served as Head of Digital Payments and member of the Executive Management Team of the Global Consumer Bank at Citi. He started his career at American Express, rising to become President of the Global Network Services business.

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