# Accion funding: rounds and investors

> Accion has raised $85M across 3 rounds since 2011. Investors include International Finance Corporation, FMO and PROPARCO. Every round with its source.

Source: https://millionrounds.com/company/accion (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Accion*

3 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

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Funding summary Updated 5 Nov 2026

**$85M** raised across 3 rounds since 2011, from 3 sources

**$1.0M** Venture **$22M** Venture **$62M** Round

- **Latest round:** Round, $62M Sept 2025
- **Step-up i:** 2.8×
- **Investors:** 8

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2011 2013 2015 2017 2019 2021 2023 2025

**$1.0M** Venture

**$22M** Venture

**$62M** Round

- **First round:** Venture, $1.0M
- **Biggest round:** $62M
- **Usual gap between rounds:** 13.2 years

## The rounds

- **Sept 2025** Round **$62M** *6 new* [FMO](https://millionrounds.com/fund/fmo) [PROPARCO](https://millionrounds.com/fund/proparco) [ImpactAssets](https://millionrounds.com/fund/impactassets) [Mastercard Worldwide](https://millionrounds.com/fund/mastercard-worldwide) [MetLife](https://millionrounds.com/fund/metlife) Ford Foundation Reported by Disrupt Africa
- **Jun 2012** Venture **$22M** *1 new* Sagamore Investments Reported by prnewswire.com
- **Dec 2011** Venture **$1.0M** *1 new* [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) Reported by finsmes.com

## Founders and team

From Accion's own website: 7 on the team.

- **Esteban Altschul** President, Accion Impact Management
- **Michael Schlein** President and CEO
- **Chris Coxon** Chief Marketing and Communications Officer
- **John Fischer** Chief Investment Officer
- **Karthik Venkataraman** Chief Growth and Partnerships Officer
- **Melissa Baez** Chief Operating Officer
- **Paulo Silva** Chief Financial Officer

Advisers *Victoria White*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2011 **Venture** 2012 **Round** 2025 [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) [FMO](https://millionrounds.com/fund/fmo) [PROPARCO](https://millionrounds.com/fund/proparco) [ImpactAssets](https://millionrounds.com/fund/impactassets) [Mastercard Worldwide](https://millionrounds.com/fund/mastercard-worldwide) [MetLife](https://millionrounds.com/fund/metlife) Ford Foundation Sagamore Investments

## Everyone who backed them

[International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) Government **1** round

[FMO](https://millionrounds.com/fund/fmo) Government **1** round

[PROPARCO](https://millionrounds.com/fund/proparco) Government **1** round

[ImpactAssets](https://millionrounds.com/fund/impactassets) VC firm **1** round

[Mastercard Worldwide](https://millionrounds.com/fund/mastercard-worldwide) Investment firm **1** round

[MetLife](https://millionrounds.com/fund/metlife) VC firm **1** round

Ford Foundation no record of our own yet **1** round

Sagamore Investments no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=accion).

## Also claim to have backed them

These 2 firms list Accion as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Lab Capital](https://millionrounds.com/fund/lab-capital) Angel network Per its own site

[Planet N Group of Companies](https://millionrounds.com/fund/planet-n-group-of-companies) VC firm Per its own site

## Quick answers about Accion

### Who invested in Accion?

Accion's investors include International Finance Corporation, FMO, PROPARCO, ImpactAssets and Mastercard Worldwide, and 3 more on record.

### How much has Accion raised?

Accion has raised $85M across 3 rounds since 2011.

### When did Accion last raise?

Accion's most recent round was an Undisclosed round of $62M in Sept 2025.

### What was Accion's biggest round?

Its most recent round, $62M in Sept 2025, is also its largest on record.

### Who backed Accion first?

Accion's first round on record, in Dec 2011, was backed by International Finance Corporation.

### What stage is Accion at?

Accion's latest named round is an Undisclosed round, in Sept 2025.

### Where is Accion based?

Accion is based in the United States.

## Companies like Accion

In the same sector, and raised in the last eighteen months.

[**Pathfinder** $13M · Nov 2026](https://millionrounds.com/company/pathfinder)[**Clark** $11M · Nov 2026](https://millionrounds.com/company/clark)[**Midstream Health** $27M · Oct 2026](https://millionrounds.com/company/midstream-health)[**Settle** $103M · Oct 2026](https://millionrounds.com/company/settle)[**Collective** $219M · Oct 2026](https://millionrounds.com/company/collective)[**SpendRule** $6.0M · Oct 2026](https://millionrounds.com/company/spendrule)

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