# COMMERCE VENTURES MANAGEMENT, LLC

COMMERCE VENTURES MANAGEMENT, LLC of SAN FRANCISCO, CA is an SEC exempt reporting adviser.

## Registration

- CRD: 167328
- Type: SEC exempt reporting adviser
- SEC file number: 802-120653
- Location: 555 MISSION STREET, SUITE 3250, SAN FRANCISCO, CA, 94105
- Phone: 415-500-5352
- Latest filing: 2026-03-13

## Officers, owners & control persons (4)

| Name | Role | Location |
| --- | --- | --- |
| [Daniel Rosen](https://search.stillhousedata.com/person/31277) | MEMBER | San Francisco, CA |
| [Matthew Clark Nichols](https://search.stillhousedata.com/person/723184) | MEMBER | — |
| [ROSEN JOSHUA DANIEL](https://search.stillhousedata.com/person/772009) | MEMBER | — |
| [NICHOLS MATTHEW CLARK](https://search.stillhousedata.com/person/902857) | MEMBER | — |


## Private funds (38)

_Showing 15 of 38 funds by gross asset value._

| Fund | Type | Formed | Owners | GAV | Min investment |
| --- | --- | --- | --- | --- | --- |
| COMMERCE VENTURES V, L.P. | Venture Capital Fund | Delaware | 51 | $144.3M | — |
| CV INDUSTRY II, LLC | Venture Capital Fund | Delaware | 5 | $141.8M | $20K |
| COMMERCE VENTURES IV, L.P. | Venture Capital Fund | Delaware | 61 | $134.3M | — |
| COMMERCE VENTURES II, LP | Venture Capital Fund | Delaware | 57 | $121.0M | $20K |
| COMMERCE VENTURES III, L.P. | Venture Capital Fund | Delaware | 99 | $61.6M | $10K |
| COMMERCE IVY II-A, LLC | Venture Capital Fund | Delaware | 4 | $43.3M | — |
| COMMERCE VENTURES, L.P. | Venture Capital Fund | Delaware | 45 | $34.6M | $10K |
| CV OPPORTUNITIES II, L.P. | Venture Capital Fund | Delaware | 41 | $31.4M | — |
| CV II PROTECT, LLC | Venture Capital Fund | Delaware | 4 | $25.6M | $20K |
| CV II FINTECH, LLC | Venture Capital Fund | Delaware | 5 | $23.6M | — |
| CV OPPORTUNITIES, L.P. | Venture Capital Fund | Delaware | 49 | $22.1M | — |
| COMMERCE VENTURES IV-A, L.P. | Venture Capital Fund | Delaware | 99 | $13.2M | — |
| COMMERCE VENTURES V-A, L.P. | Venture Capital Fund | Delaware | 96 | $10.9M | — |
| CV II BILLING, LLC | Venture Capital Fund | Delaware | 2 | $10.0M | — |
| CV ACCESS, L.P. | Venture Capital Fund | Delaware | 6 | $9.2M | — |


## Fund service providers (1)

- administrator: ADURO ADVISORS, LLC — 38 funds

## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/167328/brochure
- Similar advisers: https://search.stillhousedata.com/firm/167328/similar
- Related entities: https://search.stillhousedata.com/firm/167328/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/167328

---

Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.