Mercy Corps Ventures
Overview
Invests in venture-led solutions for underserved communities' resilience.
Founded
2015
Deals · 12mo
3
Links
Stage focus
Geographic focus
Sector focus
Investment portfolio
- Garner Health
Participated · Series D · Feb 2026
Garner Health uses one of the nation’s largest medical datasets—covering over 60 billion medical records from 320 million patients—and more than 550 proprietary clinical metrics to measure provider quality and guide member choices. The company has developed an AI-powered Garner Research Agent to continuously integrate medical literature into clinical metrics and a member-facing Garner Assistant to help users find providers, book appointments, and manage benefits and claims. Garner partners with employers, health plans, and providers—nearly 800 customers including USA Today, Paylocity, and the University of Oklahoma—and serves over 2.5 million members. Financially, Garner reports roughly $200 million in gross annual recurring revenue and says revenue has more than doubled for five consecutive years. Its incentive model reduces member out-of-pocket costs (members pay on average 80% less to see top doctors) and yields an average 12% reduction in employer healthcare spend in the first year. The company has also announced partnerships with providers such as Mercy, Atlantic Health, Teladoc, and Marathon Health.
- Farm to Feed
Participated · Seed · Nov 2025
Founded in 2021, Farm to Feed runs a business-to-business digital marketplace that aggregates surplus or cosmetically imperfect fruits and vegetables and matches them with commercial buyers. The platform streamlines logistics, manages orders, and facilitates seamless customer interactions, helping reduce post-harvest losses that can reach 40 % of produce in Kenya. By redirecting would-be waste, the company increases farmer earnings, lowers food system emissions, and supplies sustainably sourced produce to buyers. Farm to Feed has registered 6,500 farmers, sold over 2.1 million kilograms of produce, and averted 247 tonnes of CO₂-equivalent emissions while recording 100 % year-on-year growth. With the new capital, the startup plans to deepen its presence in Kenya, enter neighboring African markets, upgrade its digital infrastructure, and launch a semi-processed product line to capture higher-value markets. The firm positions itself as a climate-resilient supply-chain enabler for Sub-Saharan Africa’s food system.
- MazaoHub
Participated · Seed · Sep 2025
Founded in 2023, MazaoHub integrates artificial intelligence with soil sensors, portable soil testing kits, and farm-management software to enhance crop productivity and climate resilience for smallholder farmers. Its hybrid “Tech and Touch” model is reinforced by local agronomists who provide field-level support. The company also operates CropSupply.com, a marketplace that links farmers to buyers with end-to-end traceability. Planned Farmer Excellence Centers will further disseminate best practices and training. With the new capital, MazaoHub aims to scale manufacturing of its soil kits and sensors, expand its agronomist network, and grow the CropSupply.com platform across additional African markets. These initiatives target reductions in fertilizer usage and greenhouse-gas emissions while improving farmer incomes. No revenue or user metrics were disclosed in the article.
- Blooms
Participated · Seed · May 2025
Blooms provides an AI-driven platform that delivers trade finance, payments, and tailored FX solutions to Latin American produce exporters serving US and Canadian markets. The company’s tools aim to give fast access to working capital, simplify cross-border transactions, and improve cash flow for growers. Blooms was built by a team with expertise in fintech, agtech, and data science and is led by founder Francisco Meré. The startup’s mission is to strengthen the produce supply chain, reduce food waste, and contribute to lower and more stable food prices in North America. Blooms plans to use its technology to enable exporters to invest in sustainable farming and expansion. Financially, the company recently completed a seed funding round to accelerate these efforts.
- AquaRech
Participated · Equity · Dec 2023
Aquarech is a Kenyan agri-tech startup that supplies high-quality extruded floating pelleted fish feed with better feed conversion ratios to small and medium-sized fish farmers. It pairs this feed with a credit platform and market linkages to help farmers access financing and customers. The company says these interventions will transition farmers to profitability and create jobs for women and young people in rural areas. Village Capital invested US$350,000 in Aquarech through its Reducing Inequalities Investment Facility, which is backed by the FMO’s MASSIF Fund. Co-founder and CEO Dave Okech emphasized bringing better feed directly to farmers' doorsteps supported by credit and market linkages. Village Capital highlighted Aquarech's alignment with climate resilience and economic mobility as reasons for the investment. Aquarech operates a mobile app platform that enables producers, farmers, and buyers to trade, buy, and sell high-quality fish feed while accessing best practices to increase incomes. The company offers high-quality feed, climate-smart precision fish feeding methods, market access, technical training, and a 90-day feed credit financing option. Its stated goals are to boost productivity, improve the financial situation of small-scale farmers, and expand Kenya’s aquaculture sector. Aquarech was founded in 2019 and is led by CEO and founder Dave Okech, alongside co-founders James Odede and Joseph Okoth. The startup raised $1.7 million in equity capital to facilitate deeper vertical integration of its technology. It plans to use the funds to hire talent, acquire more data, and set up infrastructure to grow its mobile-enabled platform.