OverviewSuggest Edit

Acumen is a non-profit venture fund that uses entrepreneurial approaches to solve the problems of global poverty. It is focused on companies that provide agricultural inputs, quality education, clean energy, healthcare services, formal housing, safe drinking water, and sanitation services to low-income customers.

TypePrivate
Founded2001
HQNew York, US
Websiteacumen.org
Employee Ratings4.4

Latest Updates

Employees (est.) (Oct 2020)308
Job Openings2
Revenue (FY, 2017)$28.8 M(-2%)
Cybersecurity ratingCMore

Key People/Management at Acumen

Cristina Ljungberg

Cristina Ljungberg

Board Member
C. Hunter Boll

C. Hunter Boll

Board Member
Jacqueline Novogratz

Jacqueline Novogratz

Founder & Chief Executive Officer
Amon Anderson

Amon Anderson

America Director
Julius Gaudio

Julius Gaudio

Board Member
Margo Alexander

Margo Alexander

Board Member
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Acumen Office Locations

Acumen has offices in New York, San Francisco, Bogotá, Mumbai and in 4 other locations
New York, US (HQ)
40 Worth St
San Francisco, US
444 Spear St #213
Bogotá, CO
Carrera 7 No. 84A – 29 Edificio Empresarial La Cabrera Oficina 502
Mumbai, IN
203 Dheeraj Plaza Hill Road, Bandra West
Nairobi, KE
1st Floor, Cape Office Park Opposite Yaya Centre, Ring Road, Kilimani
Lagos, NG
18 Sikiru Alade Oloko Cres, Lekki Phase I
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Acumen Financials and Metrics

Summary Metrics

Founding Date

2001
Show all financial metrics

Acumen Revenue

Acumen's revenue was reported to be $28.78 m in FY, 2017 which is a 2.7% decrease from the previous period.
USD

Revenue (FY, 2017)

28.8m

Revenue growth (FY, 2016 - FY, 2017), %

(2.7%)

Net income (FY, 2017)

7.3m
USDFY, 2015FY, 2016FY, 2017

Revenue

25.3m29.6m28.8m

Revenue growth, %

17%(3%)

Net Income

6.5m9.7m7.3m
USDFY, 2015

Revenue/Employee

355.7k
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Acumen Acquisitions / Subsidiaries

Company NameDateDeal Size
ACM
ACP
Acumen Canada
Acumen India
Acumen India Trust
Acumen Pakistan

Acumen Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

SecurityScorecard logo

Acumen Online and Social Media Presence

Embed Graph

Acumen News and Updates

Acumen (ALCP) Invests in SUNCOLOMBIA

Acumen LatAm Capital Partners made an undisclosed investment in SUNCOLOMBIA, a Colombian solar energy company providing access to reliable energy in rural areas. (Press Release) Acumen Latam Capital Partners LLC-… The post Acumen (ALCP) Invests in SUNCOLOMBIA appeared first on LAVCA | The Associatio…

Acumen Introduces Digital Rearview Mirror Dashcam, Helps Save Lives and Protect Property

WALNUT, Calif., Sept. 6, 2019 /PRNewswire/ -- Acumen Robot Intelligence (ARI), a Los Angeles based firm focused on developing intelligent in-vehicle digital products to decrease injuries and property damage due to car accidents, has announced its new line of digital rearview mirror...

Canadians Split Between Trudeau and Scheer on Economic Acumen

Canadians Split Between Trudeau and Scheer on Economic Acumen

In a first, Grameen and Acumen raise Rs 10 Cr credit facility for social impact companies via SDG bonds

Grameen Impact Investments and Acument raised the credit facility for five workforce and skill development social enterprises via India's first sustainable development goals (SDG) bond.

Grameen, Acumen raise funding through SDG bonds for social firms

The fund will help train and improve the skills of 20,000 youth, with the goal of creating employment for at least 70% of them.SDGs are a universal call to action to end poverty, conserve the environment, and ensure peace and prosperity

RICOH Acumen delivers a new level of project ownership and business intelligence to Relativity users

NEW YORK, Jan. 29, 2019 /PRNewswire/ -- Ricoh USA, Inc. today unveiled RICOH Acumen, a tool designed to help Relativity users drive efficiencies in their review process and take more ownership over their environment. RICOH Acumen provides advanced business analytics that go above and...
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Acumen Blogs

Acumen Exits Solar Provider Orb Energy

Acumen has exited Orb Energy, a company bringing affordable rooftop solar energy to small and medium enterprises (SMEs) in India. In 2011, Acumen became Orb Energy’s first institutional investor. At the time, the company focused on providing off-grid solar home systems to low-income households in In…

New Investment: Mental Health Support for Low-Income Youth of Color

Acumen has invested in MindRight Health, a health tech company increasing access to inclusive mental health support for low-income youth of color with its text-message-based coaching service. THE CHALLENGE In the United States, low-income youth experience frightening or threatening situations—from f…

Acumen Invests in Haqdarshak

Acumen has invested an undisclosed amount in Haqdarshak Empowerment Solutions, an organization that works to ensure citizens at the last mile get access to government financial schemes and services for a small fee. This is done through a mobile and web SAAS platform for corporate partners complement…

Flushing the Rules: How One British Ghanaian Entrepreneur is Redefining Success

The post Flushing the Rules: How One British Ghanaian Entrepreneur is Redefining Success appeared first on Acumen.

Creating A New Normal: Online Platforms Serving Low-Income Communities Through COVID-19

The post Creating A New Normal: Online Platforms Serving Low-Income Communities Through COVID-19 appeared first on Acumen.

Scaling Cleaner Cooking Solutions in East Africa

It’s hard to believe that amidst all the technological innovation of the twenty-first century, 2.6 billion people around the world still have to use open fires to cook their meals.1 This is not just a problem of the inconvenience of outdated technology, but of health: more than 4 million people—the …
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Acumen Frequently Asked Questions

  • When was Acumen founded?

    Acumen was founded in 2001.

  • Who are Acumen key executives?

    Acumen's key executives are Cristina Ljungberg, C. Hunter Boll and Jacqueline Novogratz.

  • How many employees does Acumen have?

    Acumen has 308 employees.

  • What is Acumen revenue?

    Latest Acumen annual revenue is $28.8 m.

  • What is Acumen revenue per employee?

    Latest Acumen revenue per employee is $93.4 k.

  • Who are Acumen competitors?

    Competitors of Acumen include Irish Cancer Society, OurCommunity and GrantBook.

  • Where is Acumen headquarters?

    Acumen headquarters is located at 40 Worth St, New York.

  • Where are Acumen offices?

    Acumen has offices in New York, San Francisco, Bogotá, Mumbai and in 4 other locations.

  • How many offices does Acumen have?

    Acumen has 8 offices.