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Mercy Corps Ventures

North America, Oregon, United States, Portland

Description

Mercy Corps Ventures (MCV) serves as the impact investing arm of Mercy Corps, a prominent global humanitarian organization. Based in Portland, United States, MCV is dedicated to investing in and scaling early-stage, high-impact enterprises that address critical challenges such as poverty and climate change in fragile and emerging markets. Their strategic approach is designed to build resilience within vulnerable communities by supporting innovative, market-based solutions that can achieve both significant social impact and financial sustainability.

MCV's investment thesis is sharply focused on three core themes: climate resilience, inclusive finance, and resilient food systems. They actively seek out tech-enabled solutions that demonstrate the potential for broad reach and deep impact, particularly those that can empower marginalized populations and foster economic inclusion. The firm is committed to backing diverse founders and strengthening local entrepreneurial ecosystems in the regions where they operate, leveraging Mercy Corps' extensive on-the-ground presence and expertise.

Typically, Mercy Corps Ventures provides seed to Series A funding, with initial investment checks generally ranging from $100,000 to $500,000. As of early 2024, they have built a robust portfolio of over 40 companies across more than 15 countries, primarily in Africa, the Middle East, and Asia. Beyond capital, MCV offers strategic support, technical assistance, and access to Mercy Corps' global network, which helps portfolio companies navigate complex markets and scale their operations. Their catalytic investments have also been instrumental in mobilizing substantial follow-on capital, with over $100 million attracted for their portfolio companies from other investors, underscoring their ability to de-risk ventures and attract further funding.

Investor Profile

Mercy Corps Ventures has backed more than 64 startups, with 1 new investments in the last 12 months alone. The firm has led 10 rounds, about 16% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in Kenya, United States, Colombia.
  • Strong thematic focus on Financial Services, FinTech, Information Technology.
  • Typical check size: $100K – $500K.

Stage Focus

  • Seed (59%)
  • Pre Seed (17%)
  • Series A (11%)
  • Series Unknown (8%)
  • Grant (3%)
  • Convertible Note (2%)

Country Focus

  • Kenya (27%)
  • United States (19%)
  • Colombia (8%)
  • Indonesia (8%)
  • Nigeria (5%)
  • The Netherlands (5%)
  • Mali (5%)
  • United Kingdom (3%)
  • Switzerland (3%)
  • France (3%)

Industry Focus

  • Financial Services
  • Fintech
  • Information Technology
  • Agriculture
  • Cryptocurrency
  • Agtech
  • Blockchain
  • Finance
  • Farming
  • Internet
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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 Mercy Corps Ventures frequently co-invest with?

a16z crypto
North America, California, United States, Menlo Park
Co-Investments: 3
Musha Ventures
North America, New York, United States, New York
Co-Investments: 4
EF
Europe, Zurich, Switzerland, Zürich
Co-Investments: 3
IC
North America, California, United States, San Francisco
Co-Investments: 4
Katapult
Europe, Oslo, Norway, Oslo
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 4
Launch Africa
Africa, Plaines Wilhems, Mauritius, Ebène
Co-Investments: 3
FV
North America, District of Columbia, United States, Washington
Co-Investments: 4
Omidyar Network
North America, California, United States, Redwood City
Co-Investments: 5
Future Africa
North America, California, United States, San Francisco
Co-Investments: 3

Which angels does Mercy Corps Ventures often collaborate with?

AC
North America, California, United States, San Francisco
Shared Deals: 1
BR
North America, California, United States
Shared Deals: 1
Claire Diaz-Ortiz
South America, Distrito Federal, Argentina, Buenos Aires
Shared Deals: 1
AL
North America, California, United States, San Francisco
Shared Deals: 1
BT
North America, New York, United States, New York
Shared Deals: 1
JY
North America, New York, United States, New York
Shared Deals: 2
AT
North America, California, United States, San Francisco
Shared Deals: 1
Manolo Atala
North America, Distrito Federal, Mexico, Mexico City
Shared Deals: 1
EY
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Mercy Corps Ventures?

Blooms

Wilmington, Delaware, United States

Blooms is a financial services company that offers trade finance and global payments solutions for produce exporters.

AgTechFinTech
SeedApr 2, 2025
Amount Raised: $2,600,000
Tappi

Nairobi, Nairobi Area, Kenya

Convert one-time customers into loyal ones by getting discovered, growing leads and building your business reputation.

Information Technology
Pre SeedDec 6, 2023
Amount Raised: $1,500,000
AquaRech

Kisumu, Nyanza, Kenya

AquaRech includes Farm management that enhances fish production, enables access to market & promotes equal trade.

FarmingTrading Platform
SeedNov 22, 2023
Amount Raised: $1,704,586
Bitmama

Claymont, Delaware, United States

Bitmama is a crypto-fiat exchange that allows traders to buy and sell Bitcoin, Ethereum, and other digital assets.

BitcoinBlockchainCryptocurrencyEthereumFinancial ExchangesFinTech
SeedJun 26, 2023
Fibrazo

Corrientes, Corrientes, Argentina

Fibrazo is a state-of-the-art network that builds and operates fiber optics in Latin America.

InternetOptical CommunicationTelecommunications
SeedMay 25, 2023
Kofa

Accra, Greater Accra, Ghana

Kofa is an automotive company that utilizes the latest electric battery and motor technology.

CleanTechElectric VehicleSmart Cities
SeedMay 24, 2023
Tappi

Nairobi, Nairobi Area, Kenya

Convert one-time customers into loyal ones by getting discovered, growing leads and building your business reputation.

Information Technology
Pre SeedFeb 2, 2023
Amount Raised: $180,000
Open Forest Protocol

Zug, Zug, Switzerland

Open Forest Protocol is building the most transparent monitoring tools and financing mechanisms for nature-based climate solutions.

BlockchainEnvironmental ConsultingEnvironmental Engineering
Pre SeedJan 10, 2023
Amount Raised: $4,080,537
Power

Nairobi, Nairobi Area, Kenya

Power is a platform that enables financial services to employees and gig workers across sub-Saharan Africa.

BankingFinancial ServicesInsurance
SeedDec 20, 2022
Amount Raised: $3,000,000
Ndovu

Nairobi, Nairobi Area, Kenya

Ndovu develops, markets, and operates a mobile application that connects individual investors in Kenya to global markets.

AppsFinancial ServicesFinTechImpact Investing
Pre SeedNov 29, 2022