About Peter Berg

Thanks for visiting.

I’m a statisician by training, but these days I am working on something new in agentic commerce. I am also a Venture Partner with Communitas Capital, an early-stage fund founded by the former CEOs of NYSE, Thomson Reuters and Instinet. 

Until recently, I was a Managing Partner at M12, Microsoft’s Venture Fund, leading a team focused on strategic investments and partnerships in applied AI for Fintech, Retail, Commerce and B2B software. 

Before joining Microsoft I led partnerships and strategy for Very Good Security (VGS)a global leader in payments tokenization powering commerce experiences for companies like McDonald’s, Starbucks, Robinhood, Brex and leading agentic payments startups. VGS has over 5 Billion payment credentials and vaults over 70% of all US cards. 

Prior to VGS, I started and ran Visa’s global investment group, Visa Ventures, building strategic partnerships and making investments in early-stage companies across the payments & fintech ecosystem. We also developed a number of pilots and proofs of concept, including Visa B2B Connect, the first ever blockchain-enabled commercial payments platform.

Investments included Stripe, Chain (now Interstellar), Marqeta, Klarna, LoopPay (which became Samsung Pay), and many more.

Prior to Visa, I co-founded October Three, a consulting and technology firm, where I worked on building the first SaaS platform to automate and scale tax-optimized retirement plans and benefits programs.

Before that, I built consumer products at Joby (makers of the award-winning Gorillapod), where I ran e-commerce, marketing, and a number of other things. I also took on several special projects, like helping to open our Geneva sales office, doing product management in China, and building Gorillacam, an award-winning iPhone photography app that got over 1 million downloads within 5 weeks of launch and was selected by Apple as a featured app. It ultimately garnered over 3 million downloads (before the company sadly sunset it long after my departure #missedopportunity).

Prior to Joby I was an actuary at a boutique consulting company, where I helped build the very first Internet-based product in the retirement/cash balance industry. This caught the eye of JP Morgan, which acquired us.

Before that, way back in the early days of the web, I helped build another cool Internet startup that not only brought me my first patent, but also survived the dot-com bust and continues to thrive today.

I have a BS in Mathematical and Computational Science and a MS in Statistics, both from Stanford University.

I’m always happy to advise startups, or just talk tech or product design. Feel free to contact me via email at peter [at] pberg.com, or via my contact page.

You can find even more of me on Twitter or LinkedIn.am

48 Comments