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Praxis

North America, New York, United States, New York

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Praxis frequently co-invest with?

Cantos
North America, California, United States, San Francisco
Co-Investments: 2
Green D Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 1
Homestead Partners
North America, California, United States, San Francisco
Co-Investments: 1
Rothenberg Ventures
North America, California, United States, San Francisco
Co-Investments: 1
The Draper Richards Kaplan Foundation
North America, California, United States, Menlo Park
Co-Investments: 2
Sovereign’s Capital
North America, Georgia, United States, Atlanta
Co-Investments: 3
Corazon Capital
North America, Illinois, United States, Chicago
Co-Investments: 1
Sovereign Capital
Europe, England, United Kingdom, London
Co-Investments: 1
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 1
StartX (Stanford-StartX Fund)
North America, California, United States, Palo Alto
Co-Investments: 2

Which angels does Praxis often collaborate with?

HK
North America, California, United States, Saratoga
Shared Deals: 1
NB
North America, California, United States, Stanford
Shared Deals: 1
CH
North America, California, United States, San Francisco
Shared Deals: 1
DV
North America, Massachusetts, United States, Boston
Shared Deals: 1
CH
North America, California, United States, San Francisco
Shared Deals: 1
Dennis Muilenburg
North America, Illinois, United States, Chicago
Shared Deals: 1
AS
North America, California, United States, San Francisco
Shared Deals: 1
CF
North America, Illinois, United States, Chicago
Shared Deals: 1
SR
North America, Utah, United States, Salt Lake City
Shared Deals: 1
JK
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Praxis?

Pangea

San Francisco, California, United States

Pangea is a capital markets infrastructure company focused on a wide array of embeddable foreign currency solutions.

Artificial Intelligence (AI)FinTechMachine Learning
Series UnknownDec 31, 2024
Amount Raised: $15,000,000
Parallel Fluidics

Stoneham, Massachusetts, United States

Parallel Fluidics is a new microfluidics manufacturing company.

IndustrialIndustrial ManufacturingManufacturing
SeedNov 7, 2024
Amount Raised: $7,000,000
Please Assist Me

Washington, District of Columbia, United States

Please Assist Me is a home management platform that offers home resident services for apartments and clients.

Consumer
Series UnknownMar 8, 2023
Church Space

Houston, Texas, United States

Church Space is a platform that provides flexible shared rental options for renters seeking commercial space at an affordable rate.

RentalRental Property
SeedFeb 9, 2023
Bridge

San Francisco, California, United States

Bridge.do connects team's tools to capture real-time activity, surface relevant updates, and identify blockers.

Productivity ToolsProject ManagementTask Management
SeedJan 1, 2023
UpSmith

Dallas, Texas, United States

UpSmith combats skilled worker shortages with technology to expand workforce productivity for employers.

Career PlanningHuman ResourcesRecruiting
SeedJan 1, 2023
Cloverleaf.me

Cincinnati, Ohio, United States

Cloverleaf provides automated personal and team coaching to help businesses detect and combine personalities for a team.

Data VisualizationHuman ResourcesInformation Technology
Series UnknownJan 1, 2023
FaithTech

Illinois City, Illinois, United States

FaithTech is a global tech community for Christ.

FinanceFinancial ServicesNon Profit
SeedJan 1, 2023
Keseb

Washington, District of Columbia, United States

Keseb is a nonpartisan, nonprofit organization committed to advancing inclusive and resilient democracies.

CommunitiesNon ProfitSocial Assistance
SeedJan 1, 2023
GGEM Farming

Lilongwe, Lilongwe, Malawi

GGEM Farming helps farmers to grow their yield and improve the quality of their crops.

Assisted LivingFarmingFood Processing
SeedJan 1, 2023