Commerce startups that raised Series D or later
Source: FundingWatcher. Data as of 4 September 2026.
377
Companies
$27.3B
Last round total
100
Rows shown
4 September 2026
Data as of
Latest rounds
Most recent round first
100 rows
| # | Company | Round | Amount | Date | City | Sector |
|---|---|---|---|---|---|---|
| 1 | Whatnot | Series G | $547.0M | 2026-08-06 | Los Angeles | Commerce |
| 2 | Wonder | Series D | $650.0M | 2026-07-16 | New York | Commerce |
| 3 | Super.com | Series D | $65.0M | 2026-07-07 | San Francisco | Commerce |
| 4 | BIZAY | Series D | $55.7M | 2026-07-07 | Torres Vedras | Commerce |
| 5 | Job&Talent | Series G | $103.6M | 2026-07-06 | Madrid | Commerce |
| 6 | Premier Lacrosse League | Series E | $100.0M | 2026-06-30 | New York | Commerce |
| 7 | Nexite | Series D | $20.0M | 2026-06-29 | Tel Aviv | Commerce |
| 8 | FINN | Series D | $113.4M | 2026-06-24 | Munich | Commerce |
| 9 | Stord | Series F | $250.0M | 2026-05-26 | Atlanta | Commerce |
| 10 | Tomorrow.io | Series F | $35.0M | 2026-05-18 | Boston | Artificial intelligence |
| 11 | Wingreens Farms | Series D | $12.6M | 2026-05-11 | Gurgaon | Commerce |
| 12 | FUNDiT | Series D | $6.1M | 2026-05-11 | Tokyo | Commerce |
| 13 | Favy | Series D | 2026-04-27 | Shinjuku | Commerce | |
| 14 | TaoCheChe | Series D | $2.2M | 2026-04-10 | Beijing | Commerce |
| 15 | Quince | Series E | $500.0M | 2026-03-11 | San Francisco | Commerce |
| 16 | Bounce | Series F | $5.0M | 2026-03-02 | Bangalore | Commerce |
| 17 | Kavak | Series F | $300.0M | 2026-02-17 | Mexico City | Commerce |
| 18 | BigHaat | Series D | $10.0M | 2026-02-11 | Bangalore | Commerce |
| 19 | GrubMarket | Series H | $50.0M | 2026-02-02 | San Francisco | Artificial intelligence |
| 20 | Lailai Intelligent Manufacturing | Series E | $28.6M | 2026-01-04 | Suzhou | Commerce |
| 21 | FoodByUs | Series D | 2025-12-29 | Surry Hills | Commerce | |
| 22 | Spinny | Series G | $90.0M | 2025-12-13 | Gurgaon | Commerce |
| 23 | Peek | Series D | $70.0M | 2025-11-20 | San Francisco | Commerce |
| 24 | Skims | Series D | $262.0M | 2025-11-12 | Culver City | Commerce |
| 25 | Zepto | Series H | $450.0M | 2025-10-16 | Parel | Commerce |
| 26 | Style Union | Series D | 2025-10-16 | Mumbai | Commerce | |
| 27 | Infra.Market | Series G | $83.0M | 2025-09-18 | Thane | Commerce |
| 28 | CityMall | Series D | $47.0M | 2025-09-01 | Gurgaon | Commerce |
| 29 | EatClub Brands | Series D | $21.4M | 2025-07-25 | Mumbai | Commerce |
| 30 | Pinpianyi | Series D | 2025-07-21 | Xiaoshan | Artificial intelligence | |
| 31 | Jumbotail | Series D | $120.0M | 2025-06-30 | Bangalore | Commerce |
| 32 | UniUni | Series D | $70.0M | 2025-06-19 | Richmond | Commerce |
| 33 | rrzuji.com | Series D | 2025-06-04 | Guangzhou | Commerce | |
| 34 | STAUD | Series F | $29.0M | 2025-05-27 | Los Angeles | Commerce |
| 35 | 1 India Family Mart | Series D | $12.0M | 2025-05-15 | Delhi | Commerce |
| 36 | BankBazaar.com | Series D | $6.4M | 2025-04-23 | Chennai | Commerce |
| 37 | Vahdam | Series D | $292K | 2025-03-26 | New Delhi | Commerce |
| 38 | Bizongo | Series E | $4.5M | 2025-03-11 | Mumbai | Commerce |
| 39 | Clutch | Series D | $35.0M | 2025-02-11 | Toronto | Commerce |
| 40 | Shiprocket | Series E | $25.6M | 2024-12-26 | New Delhi | Artificial intelligence |
| 41 | Jiraffe | Series E | $3.3M | 2024-11-29 | Shinjuku | Commerce |
| 42 | BlinkRx | Series D | $140.0M | 2024-11-16 | New York | Commerce |
| 43 | Frubana | Series D | $80.0M | 2024-11-08 | Bogotá | Commerce |
| 44 | Insider One | Series E | $500.0M | 2024-11-01 | New York | Artificial intelligence |
| 45 | Bridebook | Series E | 2024-08-30 | London | Commerce | |
| 46 | CSC Generation | Series E | 2024-08-27 | Merrillville | Commerce | |
| 47 | DST Car | Series E | $100.0M | 2024-07-09 | Shenzhen | Commerce |
| 48 | Korea Credit Data | Series D | $36.2M | 2024-06-28 | Seoul | Commerce |
| 49 | Bungaejangter | Series E | $28.7M | 2024-06-26 | Seoul | Commerce |
| 50 | Trenbe | Series E | 2024-06-21 | Seocho | Commerce | |
| 51 | Purplle | Series F | $179.7M | 2024-06-12 | Mumbai | Commerce |
| 52 | Socs Market | Series G | $3.8M | 2024-05-13 | Nashville | Commerce |
| 53 | Snappy | Series D | $25.0M | 2024-04-15 | New York | Commerce |
| 54 | Guesty | Series F | $130.0M | 2024-04-10 | Covina | Commerce |
| 55 | Ollie | Series D | $21.3M | 2024-04-02 | Reno | Commerce |
| 56 | Razor Group | Series D | $100.0M | 2024-03-04 | Berlin | Commerce |
| 57 | Wallapop | Series G | $21.7M | 2024-02-28 | Barcelona | Commerce |
| 58 | OpenLogi | Series D | $23.9M | 2024-02-05 | Tokyo | Commerce |
| 59 | KZMall | Series D | $28.2M | 2024-01-26 | Hangzhou | Commerce |
| 60 | Social Interior | Series D | $16.5M | 2024-01-11 | Tokyo | Commerce |
| 61 | Matsmart | Series D | $43.7M | 2023-11-20 | Stockholm | Commerce |
| 62 | Xpressbees | Series G | $80.0M | 2023-11-06 | Pune | Commerce |
| 63 | Transfix | Series F | $40.0M | 2023-10-19 | New York | Commerce |
| 64 | Investree | Series D | $230.8M | 2023-10-04 | Jakarta | Commerce |
| 65 | CassTime | Series D | $27.5M | 2023-09-14 | Shenzhen | Commerce |
| 66 | Getir | Series F | $500.0M | 2023-09-08 | Besiktas | Commerce |
| 67 | On The Slope | Series D | 2023-08-30 | Kyoto | Commerce | |
| 68 | Trove | Series E | $30.0M | 2023-08-10 | Brisbane | Commerce |
| 69 | Simon AI | Series D | $54.0M | 2023-08-08 | New York | Artificial intelligence |
| 70 | Pet Circle | Series D | $50.1M | 2023-07-03 | Sydney | Commerce |
| 71 | FineEx | Series D | 2023-06-16 | Shanghai | Commerce | |
| 72 | Hopscotch | Series E | $20.0M | 2023-05-24 | Mumbai | Commerce |
| 73 | Musicow | Series D | $45.4M | 2023-05-23 | Seoul | Commerce |
| 74 | Instawork | Series D | $60.0M | 2023-05-18 | San Francisco | Commerce |
| 75 | Dunzo | Series F | $75.0M | 2023-04-06 | Bangalore | Commerce |
| 76 | Raisin | Series E | $65.0M | 2023-03-23 | Berlin | Commerce |
| 77 | Cadre | Series D | 2023-03-15 | New York | Commerce | |
| 78 | Till Payments | Series D | $46.2M | 2023-03-08 | Sydney | Commerce |
| 79 | Cubyn | Series D | $15.8M | 2023-03-07 | Paris | Commerce |
| 80 | Snaq me | Series D | $4.0M | 2023-03-01 | Chuo | Commerce |
| 81 | LeafLink | Series D | $100.0M | 2023-02-01 | New York | Commerce |
| 82 | Postcard Cabins | Series D | 2023-01-30 | Brooklyn | Commerce | |
| 83 | Pomelo Fashion | Series D | $3.9M | 2023-01-09 | Bangkok | Commerce |
| 84 | Carplat | Series D | $121.7M | 2022-12-07 | Seongnam | Commerce |
| 85 | Soli Organic | Series D | $125.0M | 2022-10-12 | Rockingham | Commerce |
| 86 | Sociolla | Series F | $60.0M | 2022-10-11 | Jakarta | Commerce |
| 87 | Ralali | Series D | $2.0M | 2022-09-19 | Tangerang | Commerce |
| 88 | Tridge | Series D | $37.3M | 2022-08-24 | Seoul | Commerce |
| 89 | Dian Xiaomi | Series D | $110.0M | 2022-08-16 | Longgang | Commerce |
| 90 | H-Visions | Series D | 2022-08-01 | Shanghai | Commerce | |
| 91 | Malt | Series D | $61.3M | 2022-07-31 | Paris | Commerce |
| 92 | Ruigu | Series D | $150.0M | 2022-07-29 | Shanghai | Commerce |
| 93 | Qdama | Series D | 2022-07-27 | Guangzhou | Commerce | |
| 94 | AnyMind Group | Series D | $28.9M | 2022-07-18 | Singapore | Commerce |
| 95 | Gravia | Series E | $15.0M | 2022-07-14 | Taguatinga | Commerce |
| 96 | Flexe | Series D | $119.0M | 2022-07-06 | Seattle | Commerce |
| 97 | Gloat | Series D | $90.0M | 2022-06-28 | New York | Artificial intelligence |
| 98 | Cermati | Series D | $17.0M | 2022-06-15 | Jakarta | Commerce |
| 99 | Tailor Brands | Series D | 2022-06-12 | Brooklyn | Commerce | |
| 100 | Melorra | Series D | $14.0M | 2022-05-17 | Bengaluru | Commerce |
Table 1. The 100 most recent rounds. Source: FundingWatcher. Data as of 4 September 2026. Base: 377.
Largest rounds
Largest round first
100 rows
| # | Company | Round | Amount | Date | City | Sector |
|---|---|---|---|---|---|---|
| 1 | Nice Tuan | Series D | $750.0M | 2021-03-31 | Beijing | Commerce |
| 2 | Wonder | Series D | $650.0M | 2026-07-16 | New York | Commerce |
| 3 | Souche | Series F | $578.0M | 2018-05-10 | Hangzhou | Commerce |
| 4 | Whatnot | Series G | $547.0M | 2026-08-06 | Los Angeles | Commerce |
| 5 | Back Market | Series E | $509.7M | 2022-01-11 | Paris | Commerce |
| 6 | Quince | Series E | $500.0M | 2026-03-11 | San Francisco | Commerce |
| 7 | Insider One | Series E | $500.0M | 2024-11-01 | New York | Artificial intelligence |
| 8 | Getir | Series F | $500.0M | 2023-09-08 | Besiktas | Commerce |
| 9 | HeyTea | Series D | $500.0M | 2021-07-14 | Shenzhen | Commerce |
| 10 | letgo | Series E | $500.0M | 2018-08-08 | Istanbul | Commerce |
| 11 | Zepto | Series H | $450.0M | 2025-10-16 | Parel | Commerce |
| 12 | Weee! | Series E | $425.0M | 2022-02-28 | Fremont | Commerce |
| 13 | Frontier Car Group | Series D | $400.0M | 2019-11-11 | Berlin | Commerce |
| 14 | Dutchie | Series D | $350.0M | 2021-10-14 | Bend | Commerce |
| 15 | Tokopedia | Series H | $350.0M | 2020-11-16 | Jakarta | Commerce |
| 16 | Dingdong Maicai | Series D | $330.0M | 2021-05-12 | Shanghai | Commerce |
| 17 | Wangdiantong | Series D | $312.0M | 2021-10-28 | Beijing | Commerce |
| 18 | Kavak | Series F | $300.0M | 2026-02-17 | Mexico City | Commerce |
| 19 | KK Group | Series F | $300.0M | 2021-07-05 | Dongguan | Commerce |
| 20 | RigUp | Series E | $300.0M | 2021-05-20 | Austin | Commerce |
| 21 | Capsule | Series D | $300.0M | 2021-04-28 | New York | Commerce |
| 22 | ContextLogic | Series H | $300.0M | 2019-08-01 | Oakland | Commerce |
| 23 | Yiguo.com | Series D | $300.0M | 2017-08-03 | Changning | Commerce |
| 24 | Automattic | Series E | $288.0M | 2021-02-17 | San Francisco | Commerce |
| 25 | Webvan | Series D | $275.0M | 1999-07-23 | Seattle | Commerce |
| 26 | Skims | Series D | $262.0M | 2025-11-12 | Culver City | Commerce |
| 27 | Stord | Series F | $250.0M | 2026-05-26 | Atlanta | Commerce |
| 28 | Moglix | Series F | $250.0M | 2022-01-28 | Singapore | Commerce |
| 29 | Deliverr | Series E | $250.0M | 2021-11-22 | San Francisco | Commerce |
| 30 | Roofstock | Series E | $240.0M | 2022-03-10 | Oakland | Commerce |
| 31 | Huikedu Group | Series D | $235.2M | 2018-05-24 | Beijing | Commerce |
| 32 | Energy Monster | Series D | $234.0M | 2021-03-13 | Beijing | Commerce |
| 33 | Investree | Series D | $230.8M | 2023-10-04 | Jakarta | Commerce |
| 34 | Minted | Series E | $208.0M | 2018-12-14 | San Francisco | Commerce |
| 35 | Signifyd | Series E | $205.0M | 2021-04-15 | San Jose | Commerce |
| 36 | Salsify | Series F | $200.0M | 2022-04-13 | Boston | Commerce |
| 37 | Harmay | Series D | $200.0M | 2022-01-20 | Beijing | Commerce |
| 38 | CargoX | Series F | $200.0M | 2021-11-10 | São Paulo | Commerce |
| 39 | CarDekho | Series E | $200.0M | 2021-10-13 | Gurgaon | Commerce |
| 40 | Carzone | Series D | $200.0M | 2021-09-16 | Nanjing | Commerce |
| 41 | ShipBob | Series E | $200.0M | 2021-06-29 | Chicago | Commerce |
| 42 | Benlai | Series D | $200.0M | 2019-10-08 | Beijing | Commerce |
| 43 | Swile | Series D | $199.9M | 2021-10-11 | Paris | Commerce |
| 44 | Olist | Series E | $186.0M | 2021-12-15 | Curitiba | Commerce |
| 45 | Purplle | Series F | $179.7M | 2024-06-12 | Mumbai | Commerce |
| 46 | Material Bank | Series D | $175.0M | 2022-05-05 | Boca Raton | Commerce |
| 47 | ThredUp | Series F | $175.0M | 2019-08-21 | Oakland | Commerce |
| 48 | Tiantian Paiche | Series D | $168.0M | 2020-10-29 | Shanghai | Commerce |
| 49 | Karrot Market | Series D | $162.0M | 2021-08-17 | Seoul | Commerce |
| 50 | Patpat | Series D | $160.0M | 2021-08-17 | Mountain View | Commerce |
| 51 | G2 | Series D | $157.0M | 2021-06-22 | Chicago | Commerce |
| 52 | Vivino | Series D | $155.0M | 2021-02-03 | San Francisco | Commerce |
| 53 | Ruigu | Series D | $150.0M | 2022-07-29 | Shanghai | Commerce |
| 54 | Deliverect | Series D | $150.0M | 2022-01-24 | Ghent | Commerce |
| 55 | YunQuNa | Series D | $150.0M | 2021-06-29 | Shanghai | Commerce |
| 56 | 16fu.com | Series D | $150.0M | 2018-07-23 | Xiamen | Commerce |
| 57 | BlinkRx | Series D | $140.0M | 2024-11-16 | New York | Commerce |
| 58 | Wonolo | Series D | $138.0M | 2021-10-19 | San Francisco | Commerce |
| 59 | Akeneo | Series D | $135.0M | 2022-03-15 | Nantes | Commerce |
| 60 | Facily | Series D | $135.0M | 2021-12-23 | São Paulo | Commerce |
| 61 | Guesty | Series F | $130.0M | 2024-04-10 | Covina | Commerce |
| 62 | Chezhibao | Series D | $125.2M | 2018-06-06 | Nanjing | Commerce |
| 63 | Soli Organic | Series D | $125.0M | 2022-10-12 | Rockingham | Commerce |
| 64 | Policygenius | Series E | $125.0M | 2022-03-17 | New York | Commerce |
| 65 | Carplat | Series D | $121.7M | 2022-12-07 | Seongnam | Commerce |
| 66 | Jumbotail | Series D | $120.0M | 2025-06-30 | Bangalore | Commerce |
| 67 | Flexe | Series D | $119.0M | 2022-07-06 | Seattle | Commerce |
| 68 | CommerceIQ | Series D | $115.0M | 2022-03-21 | Mountain View | Artificial intelligence |
| 69 | FINN | Series D | $113.4M | 2026-06-24 | Munich | Commerce |
| 70 | Dian Xiaomi | Series D | $110.0M | 2022-08-16 | Longgang | Commerce |
| 71 | Baibu | Series D | $110.0M | 2021-01-07 | Guangzhou | Commerce |
| 72 | Fandom | Series E | $106.4M | 2018-06-01 | San Francisco | Commerce |
| 73 | ShopEx | Series D | $103.9M | 2017-07-28 | Shanghai | Commerce |
| 74 | Job&Talent | Series G | $103.6M | 2026-07-06 | Madrid | Commerce |
| 75 | Premier Lacrosse League | Series E | $100.0M | 2026-06-30 | New York | Commerce |
| 76 | DST Car | Series E | $100.0M | 2024-07-09 | Shenzhen | Commerce |
| 77 | Razor Group | Series D | $100.0M | 2024-03-04 | Berlin | Commerce |
| 78 | LeafLink | Series D | $100.0M | 2023-02-01 | New York | Commerce |
| 79 | ezCater | Series D | $100.0M | 2021-12-15 | Boston | Commerce |
| 80 | NEIWAI | Series D | $100.0M | 2021-07-15 | San Francisco | Commerce |
| 81 | Zhuanzhuan | Series D | $100.0M | 2021-06-17 | Haidian | Commerce |
| 82 | MatchMove Pay | Series D | $100.0M | 2021-06-10 | Singapore | Commerce |
| 83 | USHOPAL | Series D | $100.0M | 2021-03-09 | Shanghai | Commerce |
| 84 | Hipac.cn | Series D | $100.0M | 2019-12-20 | Hangzhou | Commerce |
| 85 | Club Factory | Series D | $100.0M | 2019-10-11 | Hangzhou | Commerce |
| 86 | Away | Series D | $100.0M | 2019-05-14 | New York | Commerce |
| 87 | Casper | Series D | $100.0M | 2019-03-27 | New York | Commerce |
| 88 | Ehsy | Series D | $100.0M | 2017-12-01 | Shanghai | Commerce |
| 89 | BeiBei | Series D | $100.0M | 2016-06-17 | Hangzhou | Commerce |
| 90 | HomeGrocer.com | Series D | $100.0M | 1999-11-02 | Lawrenceville | Commerce |
| 91 | Dollar Shave Club | Series D | $90.7M | 2015-11-19 | Santa Monica | Commerce |
| 92 | Spinny | Series G | $90.0M | 2025-12-13 | Gurgaon | Commerce |
| 93 | Gloat | Series D | $90.0M | 2022-06-28 | New York | Artificial intelligence |
| 94 | Outdoorsy | Series D | $90.0M | 2021-06-24 | Austin | Commerce |
| 95 | Lyst | Series D | $85.0M | 2021-05-12 | London | Commerce |
| 96 | Infra.Market | Series G | $83.0M | 2025-09-18 | Thane | Commerce |
| 97 | Ultraleap | Series D | $80.9M | 2021-11-17 | Bristol | Commerce |
| 98 | Frubana | Series D | $80.0M | 2024-11-08 | Bogotá | Commerce |
| 99 | Xpressbees | Series G | $80.0M | 2023-11-06 | Pune | Commerce |
| 100 | Zenoti | Series D | $80.0M | 2021-06-07 | Bellevue | Commerce |
Table 2. The 100 largest rounds. Source: FundingWatcher. Data as of 4 September 2026. Base: 377.
By month
| Month | Companies |
|---|---|
| 2024-05 | 1 |
| 2024-06 | 4 |
| 2024-07 | 1 |
| 2024-08 | 2 |
| 2024-11 | 4 |
| 2024-12 | 1 |
| 2025-02 | 1 |
| 2025-03 | 2 |
| 2025-04 | 1 |
| 2025-05 | 2 |
| 2025-06 | 3 |
| 2025-07 | 2 |
| 2025-09 | 2 |
| 2025-10 | 2 |
| 2025-11 | 2 |
| 2025-12 | 2 |
| 2026-01 | 1 |
| 2026-02 | 3 |
| 2026-03 | 2 |
| 2026-04 | 2 |
| 2026-05 | 4 |
| 2026-06 | 3 |
| 2026-07 | 4 |
| 2026-08 | 1 |
Table 3. Commerce startups that raised Series D or later by month of the round. Source: FundingWatcher. Data as of 4 September 2026. Base: 377.
Country
| Country | Companies |
|---|---|
| United States | 180 |
| China | 77 |
| India | 29 |
| Japan | 11 |
| United Kingdom | 11 |
| South Korea | 9 |
| Germany | 8 |
| Indonesia | 6 |
| Brazil | 6 |
| Australia | 5 |
| France | 5 |
| Singapore | 4 |
| Thailand | 3 |
| Russian Federation | 3 |
| Spain | 2 |
Table 4. Commerce startups that raised Series D or later by country. Source: FundingWatcher. Data as of 4 September 2026. Base: 377.
City
| City | Companies |
|---|---|
| New York | 35 |
| San Francisco | 32 |
| Beijing | 20 |
| Shanghai | 18 |
| Boston | 9 |
| London | 9 |
| Shenzhen | 9 |
| Tokyo | 7 |
| Mumbai | 7 |
| Seoul | 7 |
| Hangzhou | 7 |
| Gurgaon | 6 |
| Guangzhou | 6 |
| Seattle | 6 |
| Austin | 6 |
Table 5. Commerce startups that raised Series D or later by city. Source: FundingWatcher. Data as of 4 September 2026. Base: 377.
Sector
| Sector | Companies |
|---|---|
| Commerce | 377 |
| Software | 134 |
| Fintech | 58 |
| Hardware | 30 |
| Health care | 14 |
| Artificial intelligence | 13 |
| Cybersecurity | 6 |
| Energy | 3 |
| Education | 1 |
| Biotech | 1 |
Table 6. Commerce startups that raised Series D or later by sector. Source: FundingWatcher. Data as of 4 September 2026. Base: 377.
Commerce at other stages
Other sectors that raised Series D or later
software startups that raised Series D or later1,477
health care startups that raised Series D or later749
AI startups that raised Series D or later351
fintech startups that raised Series D or later356
hardware startups that raised Series D or later671
biotech startups that raised Series D or later392
education startups that raised Series D or later81
cybersecurity startups that raised Series D or later199
energy startups that raised Series D or later116
Cite: FundingWatcher, 377 commerce companies whose most recent round is Series D or later, 4 September 2026. https://fundingwatcher.com/startups/commerce/series-d-plus/