Village Capital, established in 2009 and headquartered in Washington, D.C., is a venture capital firm specializing in early-stage and seed investments. It focuses on sectors such as agriculture, education, energy, financial services, and health, with a global investment scope spanning North America, Sub-Saharan Africa, South Asia, Latin America, Europe, East & Southeast Asia, and the Middle East & North Africa. The firm uniquely employs a peer-selection model, where entrepreneurs evaluate and award pre-committed seed funding to their peers, fostering a collaborative investment approach. Since its inception, Village Capital has supported over 1,000 entrepreneurs through its programs, with graduates generating $61.5M in revenue, reaching 8.5 million customers, and creating over 11,500 jobs.
Purpl is a financial services company based in Beirut, Lebanon, founded in 2021. It focuses on enhancing financial inclusion by offering an online payment application that allows users to send and receive money, pay bills, and manage their finances all in one platform. Purpl aims to bridge the gap between Lebanon and its diaspora, facilitating the significant remittances that contribute to the Lebanese economy, which amount to $9 billion annually. By providing a seamless and user-friendly experience, Purpl enables individuals to process and disburse funds effectively, thereby supporting the financial well-being of the Lebanese community both locally and abroad.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.