Prosper Global Ventures is the early-stage impact investing and venture-building platform of Prosper Global, the global development organization formerly known as Mercy Corps. The platform was founded in 2015 as Mercy Corps Ventures and now operates as a family of funds backing founders whose technologies help people and markets withstand climate and economic disruption.
Its Resilient Future Thesis is organized around three connected areas: adaptive agriculture and food systems, inclusive climate fintech, and climate-smart technologies. The team invests primarily across Sub-Saharan Africa and Latin America, prioritizing founders who understand the communities they serve and businesses that can scale across a region or globally. Earlier Fund I activity also included Southeast Asia.
Prosper Global’s current Ventures page reports 61 early-stage companies supported, $753 million in follow-on capital catalyzed, and 46.3 million customers reached across 90 countries. Its 2025 impact report says 83% of portfolio companies had raised follow-on capital and 46% had at least one woman co-founder. These are Prosper Global Ventures’ reported portfolio figures, not independent impact measurements.
The platform combines equity investment with pilots, technical assistance, impact measurement, partnerships, and post-investment support. Representative investments made under the Mercy Corps Ventures name include Pula, which provides agricultural insurance and advisory products for smallholder farmers; Floodbase, which develops flood-risk data and analysis; Wasoko, a last-mile commerce and financing platform for small retailers; AgriAku, an agricultural input marketplace; Ejara, an inclusive savings and investment platform; and Verqor, an agri-fintech platform serving farmers in Mexico.
Prosper Global Ventures is embedded within Prosper Global’s humanitarian and development network, giving portfolio companies potential pathways to test products with communities affected by climate volatility, financial exclusion, fragile food systems, and infrastructure gaps. The venture platform is associated with Scott Onder, its co-founder and senior investment leader, while Tjada D’Oyen McKenna leads the parent organization as CEO.
Prosper Global Ventures backs tech-enabled companies that can strengthen resilience for underserved people in emerging and frontier markets. It looks for full-time founding teams with relevant operating experience, proximity to the markets they serve, an MVP with early traction, measurable alignment with its Climate Adaptation and Resilience Framework, and the ambition to scale across a continent or globally.
Fund I, the Evergreen Fund, invests in category-leading pre-seed and seed companies across AgTech, FinTech, ClimateTech, NatureTech, natural capital, and supply-chain technology. Its published terms describe equity checks of $100,000–$250,000. Fund I was established in 2015, remains evergreen, and was expected to make its final new investments in 2026 while continuing to manage and support the portfolio.
Fund II, the Resilient Future Fund, is a target $50 million closed-end vehicle designed for more than 30 pre-seed and seed investments in climate adaptation. Its focus includes climate-smart agriculture, decentralized energy and water systems, inclusive climate fintech, and other technologies serving climate-vulnerable markets in Sub-Saharan Africa and Latin America. Approximately 65% of the planned fund is reserved for follow-on investments through Seed, Series A, and Series B. Public fund materials also describe a separate $5 million technical-assistance facility for post-investment support.
Fund II initial checks have been reported at roughly $250,000–$1 million, while exact terms depend on the company and round. The directory range combines the published Fund I minimum with the reported Fund II upper end; it should not be read as a guaranteed offer.
The Venture Lab complements the funds by co-designing, funding, and testing emerging technologies before they are ready to scale. Prosper Global Ventures does not currently publish a general open application form on its new site. Founders should review the Ventures page and contact the organization directly rather than assuming that either fund has an always-open intake.
$100,000 – $1,000,000
Photo credit: Prosper Global / prosperglobal.org
Early equity for resilience-focused founders
The Evergreen Fund backs pre-seed and seed companies, while the Resilient Future Fund is designed to continue supporting selected companies through later follow-on rounds.
A platform beyond the initial cheque
Portfolio support can include pilots, technical assistance, impact measurement, strategic partnerships, investment readiness, and introductions that help attract follow-on capital.
Embedded emerging-market networks
The team is rooted in Latin American and Sub-Saharan African ecosystems and can draw on Prosper Global’s broader network of local teams, development programs, and partners.
Three-part Resilient Future Thesis
Adaptive agriculture and food systems, inclusive climate fintech, and climate-smart technologies provide a clear frame for solutions serving people exposed to climate and economic instability.
Catalytic and blended-capital experience
Evergreen equity, a planned closed-end Fund II, follow-on reserves, and a dedicated technical-assistance facility allow different forms of capital to support the path from validation to scale.
Focus areas
Locations
