
Acumen
Description
Acumen, founded in 2001, stands as a pioneering non-profit venture fund committed to tackling global poverty through market-based solutions. Operating on the principle of "patient capital," Acumen invests in early-stage social enterprises that aim to serve low-income communities with essential goods and services. Its unique model blends philanthropic support with venture capital principles, seeking both social impact and financial sustainability from its portfolio companies. This approach allows it to support businesses that might be overlooked by traditional investors due to perceived higher risks or longer payback periods, focusing instead on long-term societal benefit.
The organization's investment strategy is highly focused on critical sectors such as agriculture, energy, health, education, financial inclusion, and water. Acumen primarily deploys capital across developing regions, including East and West Africa, India, Pakistan, and Latin America, with some activity in the US. Since its inception, Acumen has deployed over $150 million into 167 companies, demonstrating a significant commitment to fostering innovative solutions in underserved markets. Its global presence and deep understanding of local contexts enable it to identify and nurture enterprises with the potential for scalable impact.
Acumen typically provides initial investments ranging from $500,000 to $2.5 million. These investments are characterized by their long-term horizon, recognizing that building sustainable social enterprises in challenging environments requires time and flexible capital. The fund's due diligence process emphasizes not only the business model's viability but also its potential for deep, systemic social impact, aiming to improve the lives of millions by providing access to vital services and opportunities. Beyond capital, Acumen also provides strategic support and access to its global network, further empowering its portfolio companies to achieve their social missions.
Investor Profile
Acumen has backed more than 140 startups, with 8 new investments in the last 12 months alone. The firm has led 79 rounds, about 56% of its total and boasts 4 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
- Majority of deals are located in United States, India, Kenya.
- Strong thematic focus on Agriculture, Energy, Health Care.
- Led 5 rounds in the past year.
- Typical check size: $500K – $2.5M.
Stage Focus
- Seed (33%)
- Series Unknown (32%)
- Series A (14%)
- Debt Financing (9%)
- Series B (5%)
- Pre Seed (2%)
- Grant (2%)
- Series C (2%)
- Convertible Note (1%)
Country Focus
- United States (31%)
- India (26%)
- Kenya (11%)
- Pakistan (6%)
- Colombia (4%)
- Ghana (3%)
- United Kingdom (3%)
- Nigeria (2%)
- Sierra Leone (2%)
- Mauritius (2%)
Industry Focus
- Agriculture
- Energy
- Health Care
- Financial Services
- Solar
- Renewable Energy
- Manufacturing
- Fintech
- Education
- Farming
Frequently Asked Questions
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