ACUMEN AMERICA OUR CORE VALUES GENEROSITY Acumen America is harnessing the power of AUDACITY entrepreneurship to disrupt poverty in the United ACCOUNTABILITY States. We help build sustainable models to move HUMILITY millions of Americans out of poverty. INTEGRITY RESPECT

THE PROBLEM THE OPPORTUNITY THE SOLUTION

46.5 million Americans are living in poverty and Entrepreneurs are important drivers of Investing in startups with the capacity to income inequality in the U.S. exceeds any other economic and social progress and make both markets and government systems democracy in the developed world. Assistance rapidly growing entrepreneurial enterprises work better for the poor will generate sus- programs can be difficult to navigate for those are important sources of innovation, tain-able, long-term solutions to poverty and who need them most. employment and productivity growth. build a more inclusive economy for all.

AREAS OF INVESTMENT Our investments focus on three sectors critical to helping low-income Americans move out of poverty.

FINANCIAL WORKFORCE INCLUSION HEALTHCARE DEVELOPMENT

We invest in companies providing access to We invest in companies transforming We invest in companies providing capital and financial products to low-income, access to care and improving the quality low-income students and job seekers the under and un-banked Americans who stand of care for low-income patients within training and tools they need to access job to benefit from integration into the formal the Medicaid, Medicare, uninsured and placement services and succeed in building financial sector. underinsured markets. life-long careers.

OUR APPROACH We look for early-stage companies creating real commercial value while driving social impact via meaningful, scalable solutions for low-income communities. Unlike a traditional nonprofit or VC firm, we invest philanthropic dollars, rather than give them away, into extraordinary entrepreneurs committed to improving the lives of Americans living in poverty.

SEED AND SERIES A FOLLOW-ON ACCESS TO POSTINVESTMENT INVESTMENTS CAPITAL EXPERTISE SUPPORT

$250-750K investments help Reserving capital early on in Our companies have access to our We offer active post-investment early-stage companies validate the investing process enables expertise and a network of support and guidance in the areas of assumptions, bring products and us to provide follow-on advisors with deep insight into strategy, governance, customer services to market, and begin capital to top-performing sectors, channels and customers insights and fundraising. to scale. portfolio companies. in these communities. OUR PARTNERS

Our partners share our beliefs that business can play an essential role in addressing social issues and that everyone in America should have an equal opportunity to pursue a better life.

OUR TEAM

Catherine Casey Nanda, Amon Anderson, Erik Ornitz, Director Associate Director Senior Associate

Catherine has led Acumen’s geographic Amon co-leads Acumen America, setting Erik is a former Senior Associate at Acumen. expansion to three new regions over the last strategy, building community and investing in As a key member of Acumen’s portfolio team, five years designing strategy, building teams, companies across the U.S. Most recently, Amon his experience has ranged from sourcing and fundraising and investing in new regions. worked on Acumen’s Global Portfolio team out executing early-stage global investments in of New York. Prior to that, Amon led Acumen’s agriculture, energy, health care and financial Currently focused on building Acumen America, East agriculture and water and sanitation inclusion to working with the organization’s Catherine most recently helped launch Acumen’s investing out of Nairobi where he sourced Chief Investment Officer on global portfolio office, based in Bogota, Colombia, pipeline, conducted due diligence and managed a management and capital allocation strategy. and West Africa office, based in Accra, . number of investments. Prior to joining Acumen, Prior to joining the portfolio team at Acumen, Prior to this, Catherine helped build social Amon worked in Addis Ababa, with Erik was a Senior Analyst in Morgan Stanley’s enterprises in Uganda, Kenya and Tanzania, Cherokee Investment Partners, developing Investment Banking Division, working with which included expanding HealthStores’ clinics an impact investing strategy and building a industrial clients on strategic transactions and in rural Kenya. She also acted as chief of staff to community of entrepreneurs. Acumen’s CEO. capital raises, as well as with its Global Capital Amon holds a BA with Highest Honors from Markets Group. As an Analyst in the Global Catherine holds a BA with Highest Honors from the University of North Carolina at Chapel Hill Capital Markets group, he focused on originating, Princeton University and an MPP from Harvard where he was a Morehead-Cain Scholar and structuring and executing acquisition financings University, where she was a Reynolds Fellow. She began his career by helping launch the Carolina across health care, technology, industrial is a Board Member of Jacaranda Health, a chain of Entrepreneurial Initiative. Amon also holds and energy sectors. He has a BA in Business maternity hospitals in Kenya. a MBA from the Stanford Graduate School of Economics and Entrepreneurship from Business, where he received the Frances & Arjay Brown University. Miller Fellowship in Social Innovation and the Miller Social Change Leadership Award.

INVESTMENT COMMITTEE

Stuart Davidson Sachindra Rudra Carlyle Singer Managing Director, Chief Investment Officer, President, Acumen Labrador Ventures Acumen

+ 20 years experience working with and investing in + 20 years experience in Private Equity, + 30 years experience in a variety of global early-stage companies; co-founded Sonen Capital, Consulting and Operations at Navis Capital senior executive positions including President a dedicated impact investment management Partners, McKinsey & Co., Unilever and Piramal and CEO of Katun Corporation and SVP firm; former CEO and founder of biotech company Healthcare; BA in Economics from St. Stephen’s of Operations at IKON Office Solutions, a Combion, Inc., which was acquired by Incyte College in Delhi; MA in Economics from $4.7 billion publicly held office equipment Genomics; serves as Board Chair of IDEO.org; Cambridge University; M.Sc. from the London distributor; BA from Harvard College, BA from Harvard College; MBA from Harvard School of Economics MBA from Stanford University; Six Sigma Business School Green Belt

444 Spear Street, Suite 213 · San Francisco, CA 94105, U.S.A. · Phone: +1 (919) 360-2901 Acumen is a 501(c)3 organization For more information visit www.acumen.org Copyright © 2016 Acumen · A0516