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Accion Venture Lab

North America, District of Columbia, United States, Washington

Description

Accion Venture Lab is the seed-stage investment arm of Accion, a global nonprofit dedicated to building a financially inclusive world. Established in 2012, its core mission is to invest in and support innovative fintech startups that are expanding financial access and resilience for underserved populations across emerging markets. The initiative focuses on leveraging technology to address critical gaps in financial services, aiming to create both significant social impact and financial returns.

The firm primarily targets early-stage companies, from seed to Series A, that are developing scalable solutions in areas such as digital lending, payments, insurtech, agritech, and embedded finance. Beyond providing capital, Accion Venture Lab offers strategic guidance, operational support, and access to Accion's extensive global network and deep expertise in financial inclusion. This hands-on approach helps portfolio companies refine their business models, navigate regulatory landscapes, and scale their impact efficiently.

Accion Venture Lab has built a diverse portfolio, having invested in over 65 companies across more than 30 countries worldwide. Their investments reflect a commitment to fostering innovation in regions often overlooked by traditional venture capital, including Latin America, Africa, and Asia. The typical initial investment ranges from $200,000 to $1,000,000, with potential for follow-on funding as companies grow. By combining patient capital with strategic support, Accion Venture Lab plays a crucial role in accelerating the development of inclusive financial systems globally.

Investor Profile

Accion Venture Lab has backed more than 111 startups, with 6 new investments in the last 12 months alone. The firm has led 38 rounds, about 34% of its total and boasts 8 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in India, United States, Indonesia.
  • Strong thematic focus on Financial Services, FinTech, Finance.
  • Led 2 rounds in the past year.
  • Typical check size: $200K – $1M.

Stage Focus

  • Seed (58%)
  • Series A (25%)
  • Series Unknown (7%)
  • Series B (6%)
  • Convertible Note (2%)
  • Pre Seed (2%)

Country Focus

  • India (26%)
  • United States (21%)
  • Indonesia (7%)
  • Mexico (6%)
  • Kenya (5%)
  • Nigeria (5%)
  • Brazil (5%)
  • Egypt (4%)
  • Philippines (4%)
  • Colombia (3%)

Industry Focus

  • Financial Services
  • Fintech
  • Finance
  • E-commerce
  • Banking
  • Information Technology
  • Small And Medium Businesses
  • Retail
  • Software
  • Lending
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Accion Venture Lab frequently co-invest with?

YourNest Venture Capital
Asia, Haryana, India, Gurgaon
Co-Investments: 3
Quona Capital
North America, District of Columbia, United States, Washington
Co-Investments: 6
East Ventures
Asia, Tokyo, Japan, Tokyo
Co-Investments: 3
Kalaari Capital
Asia, Karnataka, India, Bangalore
Co-Investments: 4
India Quotient
Asia, Karnataka, India, Bangalore
Co-Investments: 4
Omnivore
Asia, Maharashtra, India, Mumbai
Co-Investments: 4
Flourish Ventures
North America, California, United States, San Francisco
Co-Investments: 6
Silverton Partners
North America, Texas, United States, Austin
Co-Investments: 4
NC
North America, Virginia, United States, Alexandria
Co-Investments: 8
Omidyar Network
North America, California, United States, Redwood City
Co-Investments: 7

Which angels does Accion Venture Lab often collaborate with?

Nicholas Khoo
Asia, Singapore
Shared Deals: 1
Matias Woloski
South America, Argentina
Shared Deals: 1
Patricio Jutard
South America, Buenos Aires, Argentina
Shared Deals: 1
Srinivas Anumolu
Asia, India
Shared Deals: 1
AP
North America, California, United States, San Francisco
Shared Deals: 1
PB
North America, New York, United States, New York
Shared Deals: 1
BL
Asia, T'ai-pei, Taiwan, Taipei
Shared Deals: 1
Varun Alagh
Asia, Haryana, India, Gurgaon
Shared Deals: 1
AS
North America, California, United States, San Francisco
Shared Deals: 1
MS
Asia, Jakarta Raya, Indonesia
Shared Deals: 1

What are some of recent deals done by Accion Venture Lab?

TransBnk

New Delhi, Delhi, India

TransBnk is a Transaction Banking Platform.

BankingFinancial ServicesTransaction Processing
Series BAug 27, 2025
Amount Raised: $25,000,000
PaidHR

Suru-lere, Lagos, Nigeria

PaidHR makes HR and Payroll work for your organization.

Human Resources
SeedJun 23, 2025
Amount Raised: $1,800,000
Magma

Ahmedabad, Gujarat, India

Magma platform partners with factories and raw materials suppliers to offer supply chain services from the supplier to the customer.

AppsBuilding MaterialSupply Chain Management
Series AApr 16, 2025
Amount Raised: $5,000,000
Foyer

New York, New York, United States

Saving the American Dream with the "401k" for homeownership

Financial ServicesLendingReal Estate
SeedJan 24, 2025
Amount Raised: $6,200,000
Finfra

Jakatra, Jakarta Raya, Indonesia

Finfra enables non-financial platforms to integrate lending and unlock new revenue streams easily.

Embedded SystemsFinTechInformation Technology
SeedOct 29, 2024
Amount Raised: $2,491,587
Agrim Wholesale

Gurgaon, Haryana, India

Agrim Wholesale is an Agri-Input B2B marketplace that provides bulk agricultural products and supplies, catering to farms, and distributors.

B2BE-CommerceMarketplaceRetailWholesale
Series BAug 30, 2024
Amount Raised: $17,300,000
TransBnk

New Delhi, Delhi, India

TransBnk is a Transaction Banking Platform.

BankingFinancial ServicesTransaction Processing
Series AAug 21, 2024
Amount Raised: $4,000,000
Moffin

Guadalajara, Jalisco, Mexico

Moffin is a platform that enables companies to collect and evaluate data of other companies and individuals.

Data IntegrationIdentity ManagementRisk ManagementSaaS
SeedJul 2, 2024
Amount Raised: $2,157,498
Cashinvoice

Mumbai, Maharashtra, India

Cashinvoice is a fintech provider for supply chain financing.

Digital MarketingFinancial ServicesFinTechMarketplace
Series AFeb 7, 2024
Amount Raised: $3,398,059
AquaExchange

Visakhapatnam, Andhra Pradesh, India

AquaExchange is an IoT-powered aquaculture tech platform for shrimp and fish farmers to promote global protein sustainability.

AquacultureFarmingInternet of Things
Series AJan 19, 2024
Amount Raised: $6,000,000