Financials

People

Activity

Commonwealth Capital Ventures

Company

Investment-firm

Financing round

General

About Company
Commonwealth Capital Ventures is a leading venture capital firm.

Industry

Sector :

Subsector :

founded date

01.01.1995

Number of employees

IPO status

Private

Description

Based in Boston, Commonwealth Capital Ventures is a VC firm that focuses on early and growth stage technology companies. With over $580 million of committed capital, they have invested in approximately 140 high-growth companies, many of which are industry leaders. Their investment strategy is centered around software, internet communications, and instruments and systems. They work closely with management teams to build successful businesses and provide patient capital for long-term success.
Contacts
Similar Companies
1000
Finaventures

Finaventures

Finaventures is a venture capital firm investing in technology companies in California.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Redwood City, CA, USA

count Of Investments

29

count Of Exists

9
ABS Ventures

ABS Ventures

ABS Ventures is a venture capital firm focused on technology and medical sector investments.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Finance

Location

Waltham, MA, USA

count Of Investments

70

count Of Exists

27
Hopewell Ventures

Hopewell Ventures

Hopewell Ventures is a venture capital firm that invests in high-growth businesses in the Midwest.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Chicago, IL, USA

count Of Investments

8

count Of Exists

5
DeepWork Capital

DeepWork Capital

DeepWork Capital is an early stage investment firm that invests in high-growth companies in underserved markets.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Finance

Location

Orlando, FL, USA

count Of Investments

73

count Of Exists

2

Financials

Investments
92
Date 
name 
Lead 
type 
Raised 
07.09.2023
No
$2M
17.01.2023
No
$2.1M
19.05.2022
Yes
$9M
GAM3S.GG

GAM3S.GG

GAM3S.GG aims to onboard 100 million gamers to web3.

Sector

Leisure Goods

Subsector

Electronic Entertainment

Keywords

Gaming, Video Games, Video Streaming

Location

Lisbon, Portugal

total rounds

2

total raised

$4M
Elixir

Elixir

Elixir Protocol is a decentralized market-making protocol that brings liquidity to the long tail of crypto assets.

Sector

Investment Banking and Brokerage Services

Subsector

Investment Services

Keywords

Blockchain, Cryptocurrency, Financial Services

Location

Chicago, IL, USA

total rounds

6

total raised

$17.6M
Enertiv

Enertiv

Enertiv is a real estate technology company that digitizes building operations to increase asset value.

Sector

Real Estate Investment and Services Development

Subsector

Real Estate Holding and Development

Location

New York, NY, USA

total rounds

13

total raised

$16.65M
Co-Investors
Exits
35
SoundBite Communications

SoundBite Communications

SoundBite Communications provides on-demand, integrated multi-channel communications solutions for businesses.

Sector

Telecommunications Service Providers

Subsector

Telecommunications Services

Keywords

Telecommunications, Software, Information Technology

Location

Bedford, VA 24523, USA

total rounds

4

total raised

$26.75M
Quallaby Corporation

Quallaby Corporation

Quallaby Corporation provides performance management and service assurance software called PROVISO.

Sector

Software and Computer Services

Subsector

Software

Keywords

Software, Information Technology

Location

Lowell, MA, USA

total rounds

5

total raised

$59M
Envoy Networks

Envoy Networks

Envoy Networks develops broadband wireless infrastructure to enable wireless access to email, video, and the web.

Sector

Telecommunications Service Providers

Subsector

Telecommunications Services

Keywords

Wireless, Telecommunications, Internet

Location

Billerica, MA, USA

total rounds

1

total raised

$7M

People

Founders
3
Michael Fitzgerald
Michael Fitzgerald

Michael Fitzgerald

Michael T. Fitzgerald is a Founder and Managing General Partner of Commonwealth Capital Ventures. Prior to founding Commonwealth, Mike was a General Partner at Palmer Partners, the manager of three early stage venture funds. During that time he also ran Distribution Management Systems, an enterprise supply chain software company which was later sold to Cullinet Software. He began his career and association with the software industry at IBM where he was a top performer in the sales and marketing organization. Mike earned a BA from Amherst College and a MBA from the Harvard Business School. Current Investments * Constant Contact (NASDAQ: CTCT) * HubCast * Nova Analytics * Pactolus Communications * Zeemote * Zoom Information Selected Prior Investments * Centra Software (IPO, later acquired by Saba) * Banyan Systems (IPO) * Meca Software (IPO) * Stratus Computer (IPO) * SmarterKids (IPO) * Universal Electronics (IPO) * Gensym Corporation (IPO) * Cerulean Technology (Acquired by Aether Systems) * Books 24x7 (Acquired by Skillsoft) * Cardscan Technologies (Acquired by Newell Rubbermaid) * Buyer Zone (Acquired by Reed Business Information) * The Aberdeen Group (Acquired by Harte-Hanks)

current job

Commonwealth Capital Ventures
Commonwealth Capital Ventures

Michael Fitzgerald

R.Stephen McCormack
R.Stephen McCormack

R.Stephen McCormack

Steve McCormack is a co-founder of Commonwealth Capital Ventures. Throughout his career, Mr. McCormack has established a record of successful investments in early-stage technology and healthcare opportunities. Before founding Commonwealth Capital, Mr. McCormack was a Senior Vice President with 3i Corporation. Prior to joining 3i, he was a Partner with Merrill Lynch Venture Capital. McCormack was also previously employed with MTDC as well as with the Bank of New York and Interactive Data Corporation. A graduate of Dartmouth College in Psychology, Mr. McCormack received his M.B.A. from the University of Michigan.

current job

Commonwealth Capital Ventures
Commonwealth Capital Ventures

R.Stephen McCormack

Jeff Hurst
Jeff Hurst

Jeff Hurst

Jeffrey M. Hurst is a general partner and a co-founder of Commonwealth Capital Ventures. Before co-founding Commonwealth in 1995, Jeff was a senior vice president with GE Capital's Corporate Finance Group. Jeff previously served as a managing partner of Cox Partners, a private equity firm, after starting his career with Bankers Trust Company. Jeff earned a BA in History and Economics from Duke University and an MBA from Tulane University. Jeff is also a member of the Trinity College Board of Visitors of Duke University. Current Investments * BBN Technologies * ByAllAccounts * Copanion * Crossbeam Systems * First Coverage * Seahorse * Swissray * Tungle * Visible Assets Selected Prior Investments * American Internet Corp. (Acquired by Cisco Systems) * NBX (Acquired by 3COM) * Neurometrix (NASDAQ: NURO) * The MacGregor Group (Acquired by Investment Technology Group)

current job

Commonwealth Capital Ventures
Commonwealth Capital Ventures

Jeff Hurst

Employee Profiles
22
Nate Loewentheil

Nate Loewentheil

Founder & Managing Partner

Larry Kramer

Financial consultant: chief financial officer

Elliot Katzman

Elliot Katzman

General Partner

Justin Perreault

Justin Perreault

General Partner

Michael Fitzgerald

Managing general partner

R.Stephen McCormack

R.Stephen McCormack

Co-Founder & General Partner

Michael Fitzgerald

Michael Fitzgerald

Founder, Managing General Partner

Jeff Hurst

Jeff Hurst

Founder, General Partner

Activity

Recent News
1