Venture capital firm

International Finance Corporation portfolio
ifc.orgInternational Finance Corporation is a venture capital firm based in Washington, United States, founded in 1956. It has invested in 92 venture-backed companies across 112 funding rounds on VCMC, and led 39 of those rounds. 14 of them were in the last 12 months.
92
Venture-backed companies
in its portfolio on VCMC
112
Funding rounds
led 39
14
Last 12 months
rounds, Oct 2025 to Sep 2026
20
With a disclosed valuation
of 92 companies
$85.1B
Combined value of its private companies
the whole companies, not what International Finance Corporation owns
91 private companies International Finance Corporation has backed have a VCMC valuation; together they are worth $85.1B. That is the value of the whole companies, not what International Finance Corporation owns. Acelen Renováveis is 17% of the total. 1 company it backed has since been acquired and is not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
International Finance Corporation's most valuable portfolio companies
The 10 most valuable private companies International Finance Corporation has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 Acelen Renováveis Renewable energy companies, Montes Claros $14.4B range $9.2B – $23.5B Led at Growth, 2026
- 2 Azura Power Electric Supplies & Power Generation, London $7.1B range $676M – $12.4B Joined at Growth, 2016
- 3 United Solar Chemicals $6.0B range $4.1B – $9.1B Joined at Growth, 2026
- 4 Creditas Loans & Financing, Pereiras $3.6B range $2.9B – $4.2B Led at Series B, 2017
- 5 Zepz Money Transfer $3.2B range $1.2B – $6.1B Joined at Series F, 2024
- 6 Solar Energy Company, Hyderabad $3.1B range $1.1B – $4.7B Led at Growth, 2024
- 7 WeLab Banks & ATMs, Hong Kong Island $2.8B range $1.6B – $4.6B Led at Series B, 2017
- 8 Professional & Management Training, Mumbai $2.5B range $1.1B – $2.8B Joined at Series A, 2022
- 9 Moglix Industrial Machinery & Supplies $2.4B range $397M – $4.0B Led at Series B, 2017
- 10 Tech Companies, São Paulo $1.9B range $1.2B – $3.6B Joined at Series F, 2026
Portfolio
Full International Finance Corporation portfolio (92 companies)
92 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | United Solar Chemicals · since Growth, 2026 | Growth Equity Jun 2026 $1.60B | $6.0B | $4.1B – $9.1B | $6.4B (+8%) | $703M | 0% | 261 | up | B | |
| 2 | Acelen Renováveis Renewable energy companies · led at Growth, 2026 | Growth Equity May 2026 $1.50B | $14.4B | $9.2B – $23.5B | $15.4B (+7%) | $1.7B | 0% | 308 | growing | B | |
| 3 | Creditas Loans & Financing · led at Series B, 2017 | Series G Dec 2025 $108M | $3.6B | $2.9B – $4.2B | $3.1B (-13%) | $564M | 58% | 2,082 | down | A | |
| 4 | Azura Power Electric Supplies & Power Generation · since Growth, 2016 | Growth Equity Jan 2016 $876M | $7.1B | $676M – $12.4B | $7.1B (0%) | $964M | 12% | 31 | up | D | |
| 5 | Neon Payment Processing & Point of Sale · since Series E, 2025 | Series E Jul 2025 $129M | $1.6B | $830M – $2.5B | $1.5B (-9%) | $236M | 30% | 1,948 | up | B | |
| 6 | Zepz Money Transfer · since Series F, 2024 | Debt Apr 2025 $165M | $3.2B | $1.2B – $6.1B | $2.7B (-18%) | $470M | 48% | 623 | flat | C | |
| 7 | MNT-Halan Loans & Financing · led at Growth, 2024 | Growth Equity Jun 2026 | $1.5B | $1.2B – $1.8B | $1.5B (+6%) | $169M | 0% | 700 | unknown | A | |
| 8 | TruKKer Trucking and Logistics · since Series A, 2019 | Pre-IPO Sep 2026 $100M | $919M | $598M – $1.5B | $976M (+6%) | $110M | 19% | 602 | flat | B | |
| 9 | Apeel Sciences Food Production · since Growth, 2020 | Series E Aug 2021 $250M | $245M | $135M – $718M | $230M (-6%) | $222M | 97% | 146 | shrinking | C | |
| 10 | bbinstant Groceries · since Series D, 2016 | Series F Mar 2019 $150M | $807M | $119M – $2.2B | $800M (-1%) | $197M | 59% | 23,034 | up | D | |
| 11 | Konfío Loans & Financing · led at Series B, 2017 | Series E Sep 2021 $235M | $1.2B | $94.4M – $1.8B | $1.2B (-6%) | $239M | 0% | 1,123 | flat | D | |
| 12 | WeLab Banks & ATMs · led at Series B, 2017 | Series D Jan 2026 $220M | $2.8B | $1.6B – $4.6B | $2.9B (+2%) | $392M | 14% | 205 | flat | B | |
| 13 | ProducePay Financial Services · led at Series C, 2021 | Growth Equity Sep 2026 $140M | $1.4B | $1.0B – $2.0B | $1.4B (-5%) | $142M | 97% | 187 | down | B | |
| 14 | C2FO Loans & Financing · led at Growth, 2025 | Growth Equity Apr 2025 $30M | $379M | $160M – $637M | $345M (-9%) | $33.0M | 46% | 589 | flat | C | |
| 15 | Moglix Industrial Machinery & Supplies · led at Series B, 2017 | Series F Jan 2022 $250M | $2.4B | $397M – $4.0B | $2.3B (-4%) | $473M | 12% | 1,456 | up | D | |
| 16 | Klar Loans & Financing · since Series A, 2020 | Series C Jun 2025 $190M | $1.1B | $679M – $1.3B | $1.1B (0%) | $148M | 0% | 382 | up | B | |
| 17 | SuperTask AI Software Development Services · since Series F, 2024 | Growth Equity Apr 2025 $165M | $1.6B | $738M – $2.6B | $1.4B (-11%) | $156M | 28% | 1 | unknown | C | |
| 18 | Ingenix Tech Companies · since Seed, 2025 | Seed Jun 2026 $15M | $122M | $66.9M – $269M | $190M (+55%) | $37.2M | 0% | 41 | growing | C | |
| 19 | Tech Companies · since Growth, 2024 | Growth Equity Dec 2024 $90M | $1.3B | $724M – $2.0B | $1.3B (0%) | $128M | 0% | 114 | growing | B | |
| 20 | Real Estate Developers · since Growth, 2025 | Growth Equity Jun 2025 $50M | $564M | $298M – $858M | $564M (0%) | $58.4M | 0% | 547 | up | B | |
| 21 | Tech Companies · led at Series A, 2018 | Series A Apr 2018 $8.6M | $45.3M | $2.40M – $74.1M | $42.6M (-6%) | $12.0M | 0% | 92 | flat | D | |
| 22 | Tech Companies · led at Series A, 2020 | Series A Jul 2020 | $32.4M | $1.82M – $103M | $32.4M (0%) | $9.94M | 30% | 3 | unknown | D | |
| 23 | Solar Energy Company · led at Growth, 2024 | Growth Equity Aug 2024 $275M | $3.1B | $1.1B – $4.7B | $2.3B (-25%) | $317M | 0% | 584 | up | C | |
| 24 | Professional & Management Training · since Series A, 2022 | Growth Equity Oct 2024 $60M | $2.5B | $1.1B – $2.8B | $2.5B (0%) | $256M | 0% | 11,000 | unknown | B | |
| 25 | Loans & Financing · since Series D, 2023 | Series E Dec 2024 $180M | $1.3B | $879M – $1.5B | $1.3B (0%) | $160M | 0% | 1,394 | growing | A | |
| 26 | Loans & Financing · led at Series F, 2025 | Series F Dec 2025 $35M | $463M | $250M – $724M | $460M (-1%) | $62.6M | 15% | 48 | flat | B | |
| 27 | Loans & Financing · led at Growth, 2024 | Debt Oct 2025 $50M | $1.4B | $580M – $2.0B | $1.4B (-2%) | $130M | 3% | 441 | up | C | |
| 28 | Tech Companies · led at Series B, 2018 | Series E Oct 2023 $50M | $295M | $197M – $631M | $171M (-42%) | $128M | 97% | 142 | shrinking | B | |
| 29 | Loans & Financing · since Series B, 2018 | Series C Apr 2019 $170M | $1.3B | $118M – $1.9B | $1.3B (-4%) | $174M | 0% | 449 | up | D | |
| 30 | Loans & Financing · led at Series A, 2024 | Debt Apr 2026 $60M | $573M | $297M – $813M | $573M (0%) | $59.3M | 0% | 2 | unknown | B | |
| 31 | Tech Companies · since Series F, 2026 | Series F Oct 2026 $180M | $1.9B | $1.2B – $3.6B | $2.4B (+29%) | $322M | 0% | 883 | up | B | |
| 32 | Real Estate Rental · led at Growth, 2024 | Growth Equity Jul 2024 $80M | $1.0B | $524M – $1.6B | $1.0B (0%) | $108M | 0% | 146 | growing | B | |
| 33 | Groceries · since Series D, 2022 | Series D Jan 2022 $117M | $453M | $77.6M – $1.8B | $430M (-5%) | $174M | 59% | 934 | flat | D | |
| 34 | Decorators & Interior Designers · since Series D, 2019 | Growth Equity Sep 2022 $40M | $1.3B | $248M – $1.8B | $1.2B (-4%) | $166M | 0% | 7,081 | up | C | |
| 35 | Payment Processing & Point of Sale · since Series E, 2020 | Acquisition Jul 2021 $962M | $1.2B acquired 2021 | $487M – $1.7B | – | – | 0% | 240 | flat | C | |
| 36 | Loans & Financing · led at Series C, 2021 | Growth Equity Dec 2021 $115M | $163M | $30.3M – $737M | $163M (0%) | $65.2M | 59% | 182 | flat | D | |
| 37 | Tech Companies · since Series B, 2014 | Other Dec 2021 $20M | $217M | $37.6M – $777M | $217M (0%) | $90.1M | 52% | 142 | down | D | |
| 38 | Bicycle Rental Services · since Series B, 2020 | Series C Sep 2021 $80M | $276M | $28.5M – $860M | $251M (-9%) | $93.9M | 28% | 724 | flat | D | |
| 39 | Travel Agencies · led at Pre-seed, 2018 | Series C Aug 2019 $70M | $470M | $44.1M – $668M | $455M (-3%) | $74.8M | 0% | 1,791 | up | D | |
| 40 | Telecommunications · since Growth, 2023 | Growth Equity Nov 2023 $25M | $264M | $49.1M – $402M | $245M (-7%) | $29.0M | 0% | 165 | flat | D | |
| 41 | Wind Energy Equipment & Services · since Growth, 2016 | Growth Equity Jan 2016 $125M | $1.4B | $98.3M – $2.1B | $1.4B (0%) | $138M | 0% | 664 | up | D | |
| 42 | Groceries · since Series C, 2022 | Series C Mar 2022 $120M | $270M | $50.8M – $1.7B | $246M (-9%) | $152M | 66% | 558 | down | D | |
| 43 | Groceries · led at Series B, 2021 | Series B Dec 2021 $110M | $430M | $47.1M – $1.2B | $404M (-6%) | $144M | 38% | 503 | flat | D | |
| 44 | Payment Processing & Point of Sale · since Series C, 2024 | Series C Feb 2024 $50M | $619M | $230M – $878M | $617M (0%) | $83.1M | 0% | 1,525 | up | C | |
| 45 | Boats services & dealers · since Growth, 2026 | Growth Equity Mar 2026 $35M | $398M | $266M – $590M | $416M (+4%) | $40.8M | 0% | 339 | up | B | |
| 46 | Investment Consultants & Financial Advisors · since Series B, 2025 | Series B Aug 2025 $80M | $739M | $320M – $1.1B | $739M (0%) | $99.2M | 0% | 1,037 | up | C | |
| 47 | Auto Services · since Series B, 2025 | Series B Aug 2025 $80M | $1.5B | $793M – $1.7B | $1.5B (0%) | $166M | 0% | 410 | flat | B | |
| 48 | Groceries · since Series C, 2021 | Series C Nov 2021 $50M | $347M | $27.2M – $693M | $328M (-5%) | $72.3M | 15% | 973 | flat | D | |
| 49 | Groceries · since Series C, 2026 | Series C Feb 2026 $50M | $485M | $348M – $610M | $530M (+9%) | $71.2M | 0% | 2,630 | growing | A | |
| 50 | Buses, Shuttles & Local Transit · since Series C, 2024 | Series C Sep 2024 $30M | $562M | $195M – $646M | $465M (-17%) | $71.1M | 0% | 950 | unknown | B |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How International Finance Corporation invests: stages, industries and countries
Most of its rounds are Series C and later (54%). Its companies span 37 industries, most in Loans & Financing, Tech Companies and Payment Processing & Point of Sale, across 28 countries.
Rounds by stage
- Pre-seed 1
- Seed 1
- Series A 16
- Series B 33
- Series C and later 60
- Other venture 1
Investments by industry
- Loans & Financing 18
- Tech Companies 17
- Payment Processing & Point of Sale 7
- Groceries 6
- Insurance - Agents, Carriers & Brokers 4
- Chemicals 2
- Electronics Repair & Maintenance 2
- Home Health Care 2
Investments by country
- India 20
- United States 14
- Brazil 9
- United Kingdom 7
- Turkey 5
- Philippines 4
Recent rounds
International Finance Corporation's latest investments
International Finance Corporation's most recent funding rounds, newest first. 14 rounds in the last 12 months.
- Series F $180M 13 Oct 2026
- Series A, led $10M 23 Jul 2026
- United Solar Growth $1.60B 10 Jun 2026
- Acelen Renováveis Growth, led $1.50B 26 May 2026
- Growth $35M 18 Mar 2026
- Series B, led $40M 11 Mar 2026
- Series C $50M 17 Feb 2026
- Series A $15M 28 Jan 2026
- United Solar Growth $900M 20 Jan 2026
- Series A, led $22M 23 Dec 2025
Co-investors
International Finance Corporation's top co-investors
The investors that most often join the same rounds as International Finance Corporation. Endeavor leads, with 13 rounds together.
- Endeavor 13 rounds together
- Accel 10 rounds together
- 9 rounds together
- QED Investors 9 rounds together
- Kaszek 8 rounds together
- 7 rounds together
- 6 rounds together
- 5 rounds together
- 5 rounds together
- General Atlantic 5 rounds together
About
About International Finance Corporation
International Finance Corporation, also known as IFC, is an international financial institution engaged in providing investment, advisory, and asset-management services to the private sector in developing countries. The organization operates as the private-sector arm of the World Bank Group and serves as a member of the United Nations Development Group and other international organizations. Its activities include supporting private-sector development, mobilizing private capital, and addressing sustainability and social responsibility in its operations.
Description from Veridion's company data.
- Founded
- 1956
- Based in
- Washington, United States
- Team
- 10,687 people, +2% in a year
- Type
- Venture capital firm
Focus markets
- Private Sector Development
- Development Finance
What International Finance Corporation offers
- Private Sector Investment Services
- Debt and Equity Financing Solutions
- Bespoke Investment Product Structuring
- Asset Management Services for Private Enterprises
- Business Advisory Services
- Market Creation and Opportunity Development
- Sustainable Investment Solutions
- Green and Social Bond Financing
Questions
International Finance Corporation: frequently asked questions
How many companies has International Finance Corporation invested in?
92 venture-backed companies on VCMC, across 112 funding rounds.
What are International Finance Corporation's most valuable private companies?
Acelen Renováveis ($14.4B), Azura Power ($7.1B), United Solar ($6.0B), by VCMC's valuation.
What was International Finance Corporation's latest investment?
Scanntech, a Series F round in Oct 2026 of $180M.
Which stages does International Finance Corporation invest in?
International Finance Corporation invests most often at Series C and later (60 rounds), followed by Series B (33) and Series A (16). It has also joined 1 pre-seed, 1 seed and 1 other venture rounds.
What is International Finance Corporation's portfolio worth?
Its private companies with a VCMC valuation are worth $85.1B together. That is the sum of the companies' values, not what International Finance Corporation owns.
Who does International Finance Corporation invest alongside?
Endeavor (13 rounds), Accel (10 rounds), Quona Capital (9 rounds).