# Accion Venture Lab: portfolio, investments and team > Accion Venture Lab is a vc firm based in United States. 69 investments on record, 11 in the last 12 months, latest Oct 2026. Source: https://millionrounds.com/fund/accion-venture-lab (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Accion Venture Lab Last cheque observed Oct 2026; 69 cheques on record. Deploying now New fund $54M, Aug 2025 VC firm Seed Series A Fintech Financial Services Digital Finance Deploying now **69%** of best year **11** **cheques in 12 months**, 69 on record Since the last cheque **12** days **00** hrs **00** min **00** sec Median round **$7.3M** Cheque size, as they say **$250K – $500K** Rounds led **4 of 69** Sole investor **9 rounds** Mostly in **United States, 27%** Pitch Accion Venture Lab ## Accion Venture Lab highlights - 01 11 cheques in the last 12 months - 02 Mostly Seed and Series A: 57% of its rounds - 03 Sole investor in 9 rounds, median $10M ## What they do > We are a leading early-stage investor in fintech for inclusion From their own website - **Type:** VC firm - **Cheque size:** $250K – $500K as they say - **Stages:** Seed Series A - **Sectors:** Fintech Financial Services Digital Finance - **Based in:** Washington, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **69 appearances** - **2026** 9 rounds - **Oct** **[Kuunda](https://millionrounds.com/company/kuunda)** TechMoran **$5.0M** With 3 others - **Mar** **[BackChannel](https://millionrounds.com/company/backchannel)** Seed · BR · LatamList **$4.8M** With 8 others - **Mar** **[Gangkhar](https://millionrounds.com/company/gangkhar)** Seed · US **$4.3M** With 2 others - **Mar** **[AquaExchange](https://millionrounds.com/company/aquaexchange)** Series B **$8.0M** Sole investor - **Mar** **[Coral](https://millionrounds.com/company/coral)** Seed · US **$7.5M** With 2 others - **Feb** **[Lulalend](https://millionrounds.com/company/lulalend)** Debt **$21M** With 4 others - **Feb** **[Care.Fi](https://millionrounds.com/company/care-fi)** Series A **$5.0M** With 1 other - **Feb** **[Prayaan Capital](https://millionrounds.com/company/prayaan-capital)** Series A **$12M** With 1 other - **Feb** **[Olyv](https://millionrounds.com/company/olyv)** Series C **$23M** With 1 other - **2025** 11 rounds - **Nov** **[OneLot](https://millionrounds.com/company/onelot)** Seed · PH · TechStartups **$3.3M** *Led* - **Nov** **[Solfium](https://millionrounds.com/company/solfium)** Series A · MX · LatamList **$10M** *Led* - **Oct** **[Jeitto](https://millionrounds.com/company/jeitto)** Debt · BR · LatamList **$6.8M** With 2 others - **Oct** **[Kuunda](https://millionrounds.com/company/kuunda)** Seed · ZA · Disrupt Africa **$7.5M** With 10 others - **Oct** **[RevRag AI](https://millionrounds.com/company/revrag-ai)** Seed · IN · Inc42 **$2.5M** *Led* - **Aug** **[TransBnk](https://millionrounds.com/company/transbnk)** Series B · IN · TechCrunch **$25M** With 5 others - **Aug** **[Verqor](https://millionrounds.com/company/verqor)** Seed · MX **$1.0M** With 4 others - **Jun** **[PaidHR](https://millionrounds.com/company/paidhr)** Seed · NG · Chui Ventures **$1.8M** *Led* - **Feb** **[Khazna](https://millionrounds.com/company/khazna)** Series B · EG · Disrupt Africa **$16M** With 11 others - **Jan** **[Aye Finance](https://millionrounds.com/company/aye-finance)** Debt **$13M** With 3 others - **Jan** **[Foyer](https://millionrounds.com/company/foyer)** Seed · US **$6.2M** With 3 others - **2024** 7 rounds - **Oct** **[Finfra](https://millionrounds.com/company/finfra)** Seed · Cento Ventures **$2.5M** With 6 others - **Sept** **[Field](https://millionrounds.com/company/field)** Grant · GB **$11M** With 1 other - **Jun** **[NOW Money](https://millionrounds.com/company/now-money)** Growth **$4.0M** With 3 others - **Jun** **[Clip](https://millionrounds.com/company/clip)** Venture · MX **$100M** With 6 others - **Apr** **[Pula Advisors](https://millionrounds.com/company/pula-advisors)** Series B · CH **$20M** With 2 others - **Feb** **[CashInvoice](https://millionrounds.com/company/cashinvoice)** Series A · IT **$3.4M** Sole investor - **Jan** **[Semaai](https://millionrounds.com/company/semaai)** Seed **$5K** With 4 others - **2023** 7 rounds - **Oct** **[R5](https://millionrounds.com/company/r5)** Venture · CO **Undisclosed** With 3 others - **Sept** **[Bababos](https://millionrounds.com/company/bababos)** Seed **$3.0M** With 1 other - **Jul** **[Licify](https://millionrounds.com/company/licify)** Seed · CO **$3.4M** With 1 other - **May** **[Dinie](https://millionrounds.com/company/dinie)** Venture · BR **Undisclosed** With 3 others - **Mar** **[Advance Tech Lending](https://millionrounds.com/company/advance-tech-lending)** Seed **$16M** Sole investor - **Feb** **[Destácame](https://millionrounds.com/company/destacame-2)** Growth · CL **$10M** With 2 others - **Jan** **[Demyst](https://millionrounds.com/company/demyst)** Venture · US **Undisclosed** With 2 others - **2022** 4 rounds - **Oct** **[Tienda Pago](https://millionrounds.com/company/tienda-pago)** Series B · US **$12M** With 3 others - **Aug** **[Lami](https://millionrounds.com/company/lami)** Seed **$3.7M** With 2 others - **May** **[Henry](https://millionrounds.com/company/henry)** Venture · US **Undisclosed** With 2 others - **Jan** **[TerraMagna](https://millionrounds.com/company/terramagna)** Debt · BR **$30M** With 5 others - **2021** 4 rounds - **Nov** **[Pintek](https://millionrounds.com/company/pintek)** Series A **$7.0M** With 2 others - **Jul** **[Lidya](https://millionrounds.com/company/lidya)** Series B · US **$8.3M** With 1 other An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **8 named** AG **Amee Govind Parbhoo** Executive Officer of the General Partner and the Investment Manager. i Filing they signed EA **Esteban Andres Altschul** COO of ACCION International, which is the Investment Manager and Sole Member of the GP i Filing they signed JE **Javier Edgardo Castro** Chief Compliance Officer i Form ADV JH **John Henry Fischer** CIO of the Managing Member of Accion Venture Lab Fund II GP LLC i Filing they signed LP **Livingston Parsons III** CFO of ACCION International, which is the Investment Manager and Sole Member of the GP i Filing they signed ME **Michael Edward Schlein** Officer i Form ADV PA **Paulo Afonso Sousa Silva** Officer i Form ADV RF **Rahil Feroz Rangwala** Executive Officer of the General Partner and the Investment Manager. i Filing they signed We also hold **34** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$262M** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Accion Impact Management LLC - **SEC number:** CRD 319191 Funds on its Form ADV **3** private funds, **$146M** in gross assets · filed Oct 2024 - Accion Digital Transformation Fund, L.P. *Venture* 8 investors $117M - Accion Venture Lab, L.P. *Venture* 14 investors $29M - Accion Venture Lab Fund II, L.P. *Venture* - Who backs their funds ## 6 LPs on record in Accion Venture Lab's funds - **Funds:** 1 The institutions that put money into its funds, which the firm then invests in companies. Source: fund news. - [**MetLife** 1 fund](https://millionrounds.com/fund/metlife) Fund Vintage Committed Accion Accion Venture Lab Fund II, LP - - - [**FMO** 1 fund](https://millionrounds.com/fund/fmo) Fund Vintage Committed Accion Accion Venture Lab Fund II, LP - - - [**PROPARCO** 1 fund](https://millionrounds.com/fund/proparco) Fund Vintage Committed Accion Accion Venture Lab Fund II, LP - - - [**ImpactAssets** 1 fund](https://millionrounds.com/fund/impactassets) Fund Vintage Committed Accion Accion Venture Lab Fund II, LP - - - [**Ford Foundation** 1 fund](https://millionrounds.com/fund/ford-foundation) Fund Vintage Committed Accion Accion Venture Lab Fund II, LP - - - [**Mastercard Worldwide** 1 fund](https://millionrounds.com/fund/mastercard-worldwide) Fund Vintage Committed Accion Accion Venture Lab Fund II, LP - - ## What they claim to have backed From their own portfolio page (on their website) **38** of 60 we have independently watched raise [Amartha](https://millionrounds.com/company/amartha)[Annapurna Finance](https://millionrounds.com/company/annapurna-finance)[Apollo Agriculture](https://millionrounds.com/company/apollo-agriculture)[Aqua Exchange](https://millionrounds.com/company/aquaexchange)[Aye Finance](https://millionrounds.com/company/aye-finance)[BackChannel](https://millionrounds.com/company/backchannel)[Care.fi](https://millionrounds.com/company/care-fi)[Cashinvoice](https://millionrounds.com/company/cashinvoice)[CredRight](https://millionrounds.com/company/credright)[DemystData](https://millionrounds.com/company/demystdata)[Destacame](https://millionrounds.com/company/destacame)[Dvara](https://millionrounds.com/company/dvara-kgfs)[Fairbanc](https://millionrounds.com/company/fairbanc)[Field](https://millionrounds.com/company/field)[Finfra](https://millionrounds.com/company/finfra)[First Circle](https://millionrounds.com/company/first-circle)[Gangkhar](https://millionrounds.com/company/gangkhar)[Jeitto](https://millionrounds.com/company/jeitto)[Khanza](https://millionrounds.com/company/khazna)[Konfio](https://millionrounds.com/company/konfio)[Kuunda](https://millionrounds.com/company/kuunda)[Lami](https://millionrounds.com/company/lami)[Licify](https://millionrounds.com/company/licify)[Lula](https://millionrounds.com/company/lula)[Moffin](https://millionrounds.com/company/moffin)[Olyv](https://millionrounds.com/company/olyv)[OneLot](https://millionrounds.com/company/onelot)[Prayaan Capital](https://millionrounds.com/company/prayaan-capital)[Semaai](https://millionrounds.com/company/semaai)[Solfium](https://millionrounds.com/company/solfium)[TerraMagna](https://millionrounds.com/company/terramagna)[Tienda Pago](https://millionrounds.com/company/tienda-pago)[Varthana](https://millionrounds.com/company/varthana)[Verqor](https://millionrounds.com/company/verqor)[bababos](https://millionrounds.com/company/bababos)[foyer](https://millionrounds.com/company/foyer)[ftcash](https://millionrounds.com/company/ftcash)[paidhr](https://millionrounds.com/company/paidhr) 1st Valley Bank Advance Agrim Agrizy Banco Contactar BancoSol Center for Financial Inclusion Clip CodaPay Community Investment Management Coral CredMantri Donate Now Dvara Solutions Early Dawn Financiera FAMA Flowcart Grupo R5 Henry Ikffinance Kopo Loans in the and 13 more Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. New fund on file **$54M** raised in Aug 2025 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Median round joined **$7.3M** the round, not its cheque Alone, median **$10M** Led 4 of 69 rounds **6%** - **Said size:** $250K – $500K - **Sole investor:** 9 rounds - **Last cheque:** Oct 2026 Rounds by stage said on their site - Seed said *22* - Series A said *13* - Venture *11* - Series B *8* - Debt *7* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Seedstars](https://millionrounds.com/fund/seedstars) 4 - [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund-2) 3 - [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) 3 - [Village Capital](https://millionrounds.com/fund/village-capital) 3 - [Anthemis](https://millionrounds.com/fund/anthemis-group) 2 - [Bossa Invest](https://millionrounds.com/fund/bossa-invest) 2 **Pitching Accion Venture Lab?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Accion Venture Lab. A count of rooms they were both in, not a relationship either has claimed. [**Seedstars** Accelerator **4** rounds together](https://millionrounds.com/fund/seedstars)[**Catalyst Fund** Growth equity **3** rounds together](https://millionrounds.com/fund/catalyst-fund-2)[**Flourish Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/flourish-ventures-2)[**Village Capital** Accelerator **3** rounds together](https://millionrounds.com/fund/village-capital)[**Anthemis** VC firm **2** rounds together](https://millionrounds.com/fund/anthemis-group)[**Bossa Invest** VC firm **2** rounds together](https://millionrounds.com/fund/bossa-invest)[**Canary** VC firm **2** rounds together](https://millionrounds.com/fund/canary)[**E4EAfrica** VC firm **2** rounds together](https://millionrounds.com/fund/e4e-africa)[**Endeavor Catalyst** Corporate VC **2** rounds together](https://millionrounds.com/fund/endeavor-catalyst)[**FMO** Government **2** rounds together](https://millionrounds.com/fund/fmo)[**Fen Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/fen-ventures)[**Global Founders Capital** VC firm **2** rounds together](https://millionrounds.com/fund/global-founders-capital) ## Recently backed The latest companies Accion Venture Lab put money into. [**Kuunda** $5.0M · Oct 2026](https://millionrounds.com/company/kuunda)[**BackChannel** $4.8M · Mar 2026](https://millionrounds.com/company/backchannel)[**Gangkhar** $4.3M · Mar 2026](https://millionrounds.com/company/gangkhar)[**AquaExchange** $8.0M · Mar 2026](https://millionrounds.com/company/aquaexchange)[**Coral** $7.5M · Mar 2026](https://millionrounds.com/company/coral)[**Lulalend** $21M · Feb 2026](https://millionrounds.com/company/lulalend) ## On podcasts 1 episode naming Accion Venture Lab in the title. - [VC10X](https://millionrounds.com/podcasts/vc10x) 27 Nov 2022 · 16 min VC10X - Increasing Financial Inclusion across the world w/ Liza Curcio-Rudy, Associate, Accion Venture Labs With [Liza Curcio-Rudy](https://millionrounds.com/person/liza-curcio-rudy) Mentions [Accion Venture Lab](https://millionrounds.com/fund/accion-venture-lab)[Venture Lab](https://millionrounds.com/fund/venture-lab) Apple PodcastsShow page ## Quick answers about Accion Venture Lab ### What does Accion Venture Lab invest in? Accion Venture Lab invests most often at Seed and Series A (57% of the rounds on record), in sectors such as Fintech, Financial Services and Digital Finance. ### How active is Accion Venture Lab? 69 investments on record, 11 of them in the last 12 months, and it led 4. The most recent was in Oct 2026. ### What has Accion Venture Lab invested in recently? Its most recent investments on record: Kuunda (Undisclosed round, Oct 2026), BackChannel (Seed, Mar 2026) and Gangkhar (Seed, Mar 2026). ### How big are Accion Venture Lab's cheques? The median round it joins is $7.3M. It says it writes cheques of $250K to $500K. ### Does Accion Venture Lab lead rounds? Sometimes: it led 4 of its 69 investments on record (6%). ### Where does Accion Venture Lab invest? Most of the companies it backs are in the United States (27%), Brazil (15%) and Mexico (12%). ### Is Accion Venture Lab investing now? Yes: it is actively investing, with 11 investments in the last 12 months. ### Who does Accion Venture Lab invest alongside? Most often Seedstars (4 rounds together), Catalyst Fund (3 rounds together) and Flourish Ventures (3 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=accion-venture-lab) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=accion-venture-lab)