
Praxis
Description
Praxis is a distinctive non-profit organization, established as a 501c3 venture group, headquartered in New York, United States. Its core mission revolves around equipping and resourcing entrepreneurs and leaders who are motivated by their faith to create significant cultural and societal impact. Unlike traditional venture capital firms, Praxis operates primarily as an accelerator and network facilitator, providing robust support through various programs designed to nurture purpose-driven ventures.
The organization runs several key initiatives, including the Praxis Venture Lab and Nonprofit Lab, which offer intensive programs, mentorship, and community building for both for-profit and non-profit entities. These programs are tailored to help founders refine their models, scale their operations, and deepen their impact. Since its inception in 2011, Praxis has supported over 1,000 ventures and leaders through its comprehensive programs, fostering a vibrant ecosystem of faith-driven innovation across diverse sectors.
Crucially, Praxis itself does not engage in direct equity investments or write first cheques to companies. Instead, it plays a pivotal role in connecting its program participants with a dedicated network of aligned investors known as Praxis Capital. This network comprises individuals and funds who share the Praxis mission and are keen to deploy capital into ventures emerging from the Praxis ecosystem. Through this facilitated connection, Praxis has been instrumental in enabling over $1 billion in capital to be deployed into its ventures by its investor network, highlighting its significant influence in the faith-driven investment landscape.
Therefore, while Praxis is a central player in the venture ecosystem for mission-aligned entrepreneurs, its function is that of a non-profit accelerator and connector, rather than a direct investment fund. This unique model allows it to focus on holistic support and strategic matchmaking, empowering entrepreneurs to build ventures that embody their values and drive meaningful change.
Investor Profile
Praxis has backed more than 253 startups, with 2 new investments in the last 12 months alone. The firm has led 2 rounds, about 1% of its total and boasts 12 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Nigeria.
- Strong thematic focus on Non Profit, Education, Social Assistance.
Stage Focus
- Seed (92%)
- Pre Seed (4%)
- Series Unknown (3%)
- Series A (2%)
Country Focus
- United States (88%)
- United Kingdom (2%)
- Nigeria (1%)
- Kenya (1%)
- Malawi (1%)
- Rwanda (1%)
Industry Focus
- Non Profit
- Education
- Social Assistance
- Health Care
- Assisted Living
- E-commerce
- Software
- Communities
- Charity
- Information Technology
Frequently Asked Questions
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