Grassroots Business Fund - aVenture Asset Manager Research
Location
Washington, D.C., DC, US
Founded
2008
The Grassroots Business Fund (GBF) is a non-profit organization based in Washington, DC, with field offices in Kenya, Peru, and India. GBF focuses on empowering high-impact Small and Medium Enterprises (SMEs) in Africa, Asia, and Latin America. Their mission is to economically uplift these SMEs by providing investment capital and access to technical assistance services. GBF typically invests in Series A rounds, targeting competitive companies with business models that enhance income and reduce costs in low-income communities.
Notable portfolio companies include Soko, which has raised $699,997. GBF's investment philosophy centers on supporting enterprises that provide sustainable economic opportunities to those at the base of the economic pyramid. The firm offers unique value-add services such as technical assistance to help portfolio companies scale effectively. This holistic approach ensures that investments not only yield financial returns but also generate significant social impact.
Grassroots Business Fund - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies1
Current Portfolio Count1
Top Investment Stages
Series A1 (100.0%)
Stage Mix
Series A 100%
Concentration shown as share of disclosed investments by stage.
