Diligence memo · auto-generated · as of July 2, 2026

Commerce Layer, Inc.

Commerce Layer, Inc. looks under-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Commerce Layer, Inc. operates in Consumer / Retail, based in 59100 PRATO (PO).

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Commerce Layer, Inc. has raised $16M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $16M on 2021-05-21.

Most recent recorded round closed around 2021-05-21.

Valuation (modeled)modeled

Provath models Commerce Layer, Inc. at approximately $84M (range $36M–$272M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.66× the median modeled value of Series B Consumer / Retail companies in 2019–2021 (6 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Last raise 5.1 yr ago; this sector typically re-raises about every 15 months.

Only one round on record and long silent — often defunct, acquired, or gone quiet.

Comparablesmixed

Capital scale ranks ahead of 95% of Consumer / Retail peers (1161 compared).

Modeled value ranks above 98% of those peers.

Closest niche peers: Flow Commerce Inc., Iconic Brands, Inc., Shopmonkey Inc., Round2 Shop, Inc., Hero Cosmetics, Inc..

Peoplefiled

4 named people on file across officers, directors and signatories.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.