Investing in Climate and Financial Resilience: Meet Our Portfolio

Mercy Corps Ventures
Mercy Corps Ventures
8 min readAug 25, 2022

Mercy Corps Ventures invests in and catalyzes venture-led solutions to increase the resilience of underserved individuals and communities. Founded in 2015 as the impact investing arm of global development agency, Mercy Corps, we’ve supported 47 early-stage ventures to scale and raise over $443 million in follow-on capital. 49% of our portfolio has at least 1 female co-founder and centers around climate adaptation and resilience-building solutions in adaptive agriculture and food systems, inclusive fintech, and climate-smart technologies, so that those living in frontier markets can withstand disruption and plan for the future. Through capital and support, piloting new approaches, action-oriented insights, and rigorously managing impact, we catalyze the ecosystem toward smarter, more impactful investments.

Visit our why we invested page for more. If you’re an impact-focused startup looking for support, submit your pitch deck.

Meet our portfolio

Active Portfolio

Tolbi

Tolbi is a data-driven precision agriculture platform operating in Francophone Africa that limits guesswork in food production and leverages technology to enable farmers to adjust their practices.

Tappi

Tappi is a digital platform for small businesses to increase sales and income, retain customers, and build long-term financial wellbeing.

Bitmama

Bitmama is providing affordable cross-border transactions for producers in Africa. The company’s payment platform uses stablecoin infrastructure to solve current market inefficiencies like dollar shortages, currency devaluation, and the high cost of remittances.

Fibrazo

Fibrazo is a startup focused on closing the “connectivity gap” for the 15% of Latin America’s population living in low-income, urban areas. The company does this by extending affordable fiber internet to settlements.

Power

Power is a holistic digital financial services platform for employers and their workforce, with products including wage advances, savings, loans, and insurance.

Left: Image of Kofa battery user. Right: Gianpoalo de Biase, Ro Nyangeri, and Radhika Bhachu, leadership team at Ndovu.

Kofa

Kofa is a Ghanaian company creating an affordable, low-carbon electricity network using portable batteries and a network of swapping stations for multiple use cases, starting with mobility with an electric motorcycle.

Ndovu

Ndovu is a savings and investment platform built on blockchain for underserved users across Africa.

Complete Farmer

Complete Farmer is a digital agriculture platform that offers multiple stakeholders (from farmers to service providers) a data-driven and transparent solution to improve farming performance and accuracy.

Stable Foods

Stable Foods is an end-to-end platform for smallholder food production that creates greater margins across the value chain through introduction of efficiency, while driving down costs for end consumers.

Left: Nkiru Amadi-Emina and Ijeoma Akwiwu, Co-Founders of Pivo. Right: Maurice Iwunz, Co-Founder of SympliFi.

SympliFi

SympliFi is a blockchain-based lending platform supporting small businesses in emerging markets to access affordable, cross-border credit.

Open Forest Protocol

Open Forest Protocol is a Web3 platform to transparently measure, verify, and finance afforestation projects for land stewards of nearly all sizes in emerging markets.

Cinch

Cinch is a Kenyan-based land management company aiming to improve incomes of smallholder families by bringing the profitability of commercial farming to the one acre level.

Kwanza Tukule

Kwanza Tukule is a logistics company that optimizes the supply chain for informal street food vendors and small kiosks in low-income informal settlements in Kenya, 80% of whom are women.

Left: Image of Verqor user and Verqor team member. Right: Khadija Mohamed-Churchill, Founder of Kwanza Tukule.

Verqor

Verqor is an agri-fintech company offering smallholder farmers in rural México access to financing, agro supplies, and produce trading.

AgriAku

AgriAku is an agtech marketplace bringing lower prices and transparency to farmers and distributors.

Kalpay

Kalpay is a digital payments company serving SMEs in the Francophone West Africa market, uniquely focused on providing merchants (mainly cash-based) with the ability to accept digital payments.

Pivo

Pivo is the first fintech solution specifically designed to cater to the diverse and particular needs of SMEs operating in the logistics and supply chain sector in Africa, with a particular focus on female-led enterprises.

Umoja Labs

Umoja Labs is a product suite for emerging market fintechs and banks to build, customize, and deploy DeFi products interoperable with traditional banking and mobile money systems.

Left: Rose Goslinga and Thomas Njeru, Co-Founders of Pula. Right: Umoja team member and Umoja user.

Kuunda

Kuunda is a “credit-as-a-service” solution for agent networks in mobile money and other sectors across emerging markets.

Ejara

Ejara is a decentralized investment and savings platform in Francophone Africa with a focus on financial education and inclusion for underserved users and un/underbanked populations, encouraging responsible use of crypto.

Floodbase

Floodbase is a platform using industry-leading science that allows governments, NGOs, and insurers to accurately assess, price, transfer, and respond to catastrophic flood risk, plugging the global insurance gap in real-time.

Goldfinch

Goldfinch is a responsible DeFi lending protocol, providing access to loans without overcollateralization. This enables those who struggle to access financing, such as emerging market businesses, to invest in productivity and increase income.

Left: Ignitia team member and Ignitia user. Right: Wasoko team members.

Ignitia

Ignitia provides hyper-local weather forecasts for farmers in the tropics with enhanced accuracy from AI. Their team is currently reaching around 1.7 million farmers with 24-hour forecasts that are 20–50% more accurate than others.

Payhippo

Payhippo is filling the SME lending gap in Nigeria by leveraging technology to identify key growth areas for small businesses, match them with the right type of capital, and provide timely financing.

ImaliPay

Imalipay is an embedded finance solution for Africa’s gig economy. Using proprietary technology and AI, they provide informal workers with productive use financing, savings and credit building tools.

Left: OKO Finance users and OKO Finance team member. Right: Zach Bijesse, Chioma Okotcha, and Uche Nnadi, Co-Founders of Payhippo.

Topl

Topl is a blockchain protocol that provides traceability and transparency up and down the supply chain. This aims to revolutionize how businesses engage with, prove, market, and monetize sustainable practices.

OKO Finance

OKO is an agricultural microinsurance provider for climate-vulnerable smallholder farmers. Their aim is to ensure that farmers have greater income stability and are able to access decent loans with proof of insurance, resulting in higher agricultural yields through the ability to invest in improved production.

Boost

Boost is onboarding small businesses into Africa’s digital economy, helping informal shops go digital, offering inventory ordering via WhatsApp and delivery using a network of agent-drivers.

Images courtesy of Boost.

Meridia

Meridia provides an end-to-end solution for land and property documentation for farming communities. With formal land titles, smallholder farmers have tenure security and unlock access to the tools they need to expand production.

Turaco

Turaco provides affordable health and life insurance for low-income workers, many of whom are climate-induced urban migrants. Driving financial inclusion is key to building resilience to climate shocks.

Image courtesy of Turaco

Powered By People

Powered by People is an ethical marketplace platform and suite of digital tools designed to increase resilience for millions of artisans with access to financing and markets that provide the opportunity to scale production.

Pula

Pula designs and delivers innovative agricultural insurance and digital products to help smallholder farmers endure yield risks, improve their farming practices, and bolster their incomes over time.

Image courtesy of Vega.

Wasoko

Wasoko is a last-mile distribution platform that enables small shop owners to restock essential goods via their phone, reducing store closures and expenses and building data to optimize operation and offer financing.

Arifu

Arifu is a platform providing underserved groups with access to digital content and tools to acquire new skills, access important information, and to discover employment opportunities and needed products and services.

Image courtesy of Arifu.

Levee

Levee connects informal workers in North America and Latin America to formal jobs. The platform validates the skills and work history of an individual, matches them to pre-screened job opportunities, and allows them to immediately schedule an interview.

Harvesting

Harvesting is a digital marketplace for India’s 120 million farmers. Harvesting platform allows farmers to access inputs, markets, financial products and an array of other services to grow their businesses.

Exits

Vasham

Vasham provides financing and technical expertise for smallholder farmers in Indonesia. Their platform bundles access to information on best farming techniques, high quality seeds, low-interest loans, and connection to potential buyers.

LiftIt

LiftIt is a platform that makes it simple to schedule cargo shipments of all sizes throughout Colombia, providing quick and transparent quotations, real-time tracking of shipments, full-value insurance, and guaranteed same-day delivery.

Inactive Portfolio

Suyo

Suyo is a suite of services that enable accessible, affordable land-titling. With formal recognition of property rights, low-income households experience increased property values and other livelihood benefits, such as credit for small business.

Vega

Vega’s coffee is grown and roasted at origin by female producers and delivered direct. By removing middle actors in the coffee supply chain they provide above premium price compensation to the farmers in a sustainable and equitable model.

Teliman

Teliman drives youth employment in Bamako, where individuals who own their own motorbikes can earn an income through their ride hailing platform, offering a solution that is five times faster than vans and four times cheaper than taxis.

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