Shoptalk Ventures will commit $1m over the next 24 months to a target of 20 ecommerce and retail technology startups.
Shoptalk will help identify some of the most promising companies in the retail and ecommerce industry, and become a limited partner in Commerce Ventures. The investment review, selection and due diligence will be managed independently by Commerce Ventures.
Led by Dan Rosen, General Partner, Commerce Ventures is a venture firm focused on technology innovations in the retail and commerce ecosystem. Thus far, the firm has invested in over forty portfolio companies, including leading ecommerce and retail technology startups such as Estimote, Forter, Narvar, RetailNext, SessionM, Theatro, and Tulip Retail.
Led by Anil D. Aggarwal, founder and chief executive officer, Shoptalk organizes conferences for retail and ecommerce brands, startups, investors, media and analysts, which are held in the US and Europe.