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Praxis

Venture-building accelerator for social impact.

Overview

Praxis Labs runs a venture-building ecosystem that supports both for-profit and nonprofit ventures through accelerators focused on redemptive entrepreneurship. It selects high-potential ventures and provides resources, mentorship, and a global community across 113 countries, funded by program fees, partnerships, and sponsorships. Ventures backed show a 91% survival rate, with total annual revenue around $675 million in FY2023. Its goal is to grow and sustain socially impactful ventures at scale by combining capital with ongoing support and collaboration.

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About Praxis

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Industries

ConsultingVenture CapitalSocial Impact

Company Size

51-200

Company Stage

Seed

Total Funding

$3.2M

Headquarters

New York City, null

Founded

2011

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Funding

Total Funding

$3.2M

Meets

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Meet Average

Industry standards

$3.3M
$2M
$2.3M
$3M
$3.2M

Benefits

  • Health Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Flexible Work Hours

Company News

Femtech Insider
Nov 7th, 2024
Parallel Fluidics Secures $7M for Microfluidics

Parallel Fluidics has raised $7M in seed funding led by J2 Ventures, with participation from 8VC and Praxis, to advance its microfluidic technology for IVF and life sciences. Their MV-2 microvalve is being used by Overture Life to improve IVF systems. The global microfluidics market is projected to grow from $32 billion to $117.13 billion by 2031. Parallel Fluidics' on-demand manufacturing services accelerate development timelines, delivering production-ready devices in as little as three days.

Praxis
Oct 10th, 2023
Manufacture Good (formerly Magic City Woodworks)

Manufacture Good exists to offer 6-month cohorts 4 times per year for young men stuck in a rut. We are located in the heart of Downtown Birmingham, AL. MFG'S goal is to build high quality "Common Goods for the Common Good."

Praxis
Oct 10th, 2023
Alter

Alter is a social venture on a mission to scale the entrepreneurial champions of the world's toughest places, such as Haiti, Myanmar and Afghanistan, to create jobs where they are needed most. Alter finds the leading high-growth ventures in a least developed country and matches them with Silicon Valley resources, including sector experts, management training, talent recruitment, markets and capital. Alter's Board includes the founder of Kiva and the MD of Endeavor Catalyst, and advisors include top Silicon Valley impact investors. Alter is creating peace through entrepreneurship in the places that need it most.

Praxis
Oct 10th, 2023
Earmark

Earmark destroys buyer’s remorse by helping people avoid superfluous purchases and achieve their spending goals, upending the advertising industry in the process. Dubbed “Brilliant” by PandoDaily, Earmark’s addictive savings app enables you to track what you don’t buy so you can indulge in what you really want - skip the latte and shift that unspent money towards a guilt-free splurge on an iPad. In the process, Earmark uncovers what consumers want and when they aspire to buy it, enabling peer-to-peer suggestions and the delivery of perfectly timed ads from abnormally relevant brands. Earmark has generated over $1MM in spending intent in the its two months

Praxis
Oct 10th, 2023
indie (formerly Higher)

Indie is modernizing local retail via community hubs, Prime-like features & local membership. Today’s consumer overwhelmingly prefers to shop local yet also desires digital conveniences. A modern, omnichannel approach to local retail unites communities to fend off Amazon together. Indie hubs look and feel like elevated bookstore cafés, but feature dozens of monthly events, a “search for anything” consumer app, free home delivery, and a coffee bar. Indie’s first two locations have 2,000 recurring members @ $79/year and will surpass $2M in sales this year.

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