# Acumen America

> Acumen America is a VC fund in San Francisco backing Health Care, FinTech and Software. See 58 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: San Francisco, United States
- Total investments: 58
- Last investment: Jun 2026
- Lead investor: 16%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/acumen-fund
- Website: https://acumen.org/america

Acumen America is a VC fund in San Francisco focused on Health Care and FinTech. Founded in 2016 and based in San Francisco, Acumen America is the US arm of the non-profit global venture capital investment firm Acumen. Acumen America is the leading early-stage (pre-seed and seed) venture capital firm investing in innovative solutions to three systemic symptoms of poverty in America: unequal workforce development, healthinequities and financial instability. We believe that lasting change requires big, new ideas designed to scale.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 20 | 34% |
| FinTech | 7 | 12% |
| Software | 6 | 10% |
| Financial Services | 6 | 10% |
| Medical | 4 | 7% |

58 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 15 | 26% |
| Funding Round | 12 | 21% |
| Series A | 8 | 14% |
| Pre-Seed | 5 | 9% |
| Convertible Note | 1 | 2% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 37 | 64% |
| Canada | 1 | 2% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Tugboat | Tugboat offers online claim support tools to homeowners and business owners with property insurance claims. Empowering policyholders to advocate for coverage, dispute denials, and settle for more. | $3M | Seed | Jun 15, 2026 |  |
| Campground | Campground delivers a CRM and system‑of‑record platform for program managers to centralize workflows and applications. |  | Seed | Jun 09, 2026 |  |
| Zócalo Health | Zócalo Health is a primary care provider that delivers integrated medical, behavioral, and social care services, with a focus on improving access for underserved communities, particularly Latino populations. The company combines virtual clinical services with in-person community engagement, using outreach teams to connect with patients in localsettings such as schools, churches, and community organizations. Each patient is supported by a coordinated care team that may include a community health worker, a physician, and a behavioral health specialist, who collaborate to develop personalized care plans addressing medical, social, and mental health needs. The organization also provides care coordination services, assisting patients with appointments, access to community resources, and ongoing health management. Its model emphasizes continuous engagement through both digital tools and community-based interactions to manage complex health conditions and improve care outcomes. | $15M | Series A | Apr 23, 2026 |  |
| Malama Health | Malama Health offers holistic support through community-based doulas, covering various services like pregnancy care and postpartum recovery. The company connects community-based doulas, health plans, and clinical systems across Medicaid markets through a unified operating model that standardizes referral processes, data tracking, risk management,and quality assessment. By incorporating remote patient monitoring, chronic disease management, and Doula-Care Navigators, Malama Health assists women from pregnancy through the postpartum period, addressing clinical requirements, social health factors, and long-term disease prevention all in one location. | $6.9M | Seed | Mar 12, 2026 |  |
| Malama Health | Malama Health offers holistic support through community-based doulas, covering various services like pregnancy care and postpartum recovery. The company connects community-based doulas, health plans, and clinical systems across Medicaid markets through a unified operating model that standardizes referral processes, data tracking, risk management,and quality assessment. By incorporating remote patient monitoring, chronic disease management, and Doula-Care Navigators, Malama Health assists women from pregnancy through the postpartum period, addressing clinical requirements, social health factors, and long-term disease prevention all in one location. | $6.9M | Seed | Mar 12, 2026 |  |
| Malama Health | Malama Health offers holistic support through community-based doulas, covering various services like pregnancy care and postpartum recovery. The company connects community-based doulas, health plans, and clinical systems across Medicaid markets through a unified operating model that standardizes referral processes, data tracking, risk management,and quality assessment. By incorporating remote patient monitoring, chronic disease management, and Doula-Care Navigators, Malama Health assists women from pregnancy through the postpartum period, addressing clinical requirements, social health factors, and long-term disease prevention all in one location. | $6.9M | Seed | Mar 12, 2026 |  |
| Malama Health | Malama Health offers holistic support through community-based doulas, covering various services like pregnancy care and postpartum recovery. The company connects community-based doulas, health plans, and clinical systems across Medicaid markets through a unified operating model that standardizes referral processes, data tracking, risk management,and quality assessment. By incorporating remote patient monitoring, chronic disease management, and Doula-Care Navigators, Malama Health assists women from pregnancy through the postpartum period, addressing clinical requirements, social health factors, and long-term disease prevention all in one location. | $6.9M | Seed | Mar 12, 2026 |  |
| Malama Health | Malama Health offers holistic support through community-based doulas, covering various services like pregnancy care and postpartum recovery. The company connects community-based doulas, health plans, and clinical systems across Medicaid markets through a unified operating model that standardizes referral processes, data tracking, risk management,and quality assessment. By incorporating remote patient monitoring, chronic disease management, and Doula-Care Navigators, Malama Health assists women from pregnancy through the postpartum period, addressing clinical requirements, social health factors, and long-term disease prevention all in one location. | $6.9M | Seed | Mar 12, 2026 |  |
| Malama Health | Malama Health offers holistic support through community-based doulas, covering various services like pregnancy care and postpartum recovery. The company connects community-based doulas, health plans, and clinical systems across Medicaid markets through a unified operating model that standardizes referral processes, data tracking, risk management,and quality assessment. By incorporating remote patient monitoring, chronic disease management, and Doula-Care Navigators, Malama Health assists women from pregnancy through the postpartum period, addressing clinical requirements, social health factors, and long-term disease prevention all in one location. | $6.9M | Seed | Mar 12, 2026 |  |
| Pear Suite | Pear Suite is a digital health company that helps community health workers to address social determinants of health through culturally sensitive care navigation.. The cloud-based platform of Pear Suite enables anyone to better assess and address social determinants of health in a scalable, cost-effective, and person-centered manner. Its platform,unlike other assessment tools, enables anyone to assess and address an individual's social drivers of health through smart scripts, logic modeling, and actionable dashboards. | $7.6M | Series A | Oct 14, 2025 |  |

10 of 58 investments shown.

## Co-investors
- [Acumen](https://shizune.co/investors/profile/acumen-fund) — VC Fund, 18 deals together
- [Capital F](https://shizune.co/investors/profile/capital-f) — VC Fund, 12 deals together
- [Impact Engine](https://shizune.co/investors/profile/the-impact-engine) — VC Fund, 8 deals together
- [Alpine Investors](https://shizune.co/investors/profile/alpine-investors-2) — VC Fund, 6 deals together
- [Coyote Ventures](https://shizune.co/investors/profile/coyote-ventures) — VC Fund, 6 deals together
- [Kapor Capital](https://shizune.co/investors/profile/kapor-capital) — VC Fund, 6 deals together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Acumen America invest in?

Acumen America invests primarily in Health Care, FinTech and Software startups, most often at Seed and Funding Round stage. Most of the 58 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Acumen America last invest?

The most recent investment recorded for Acumen America closed in Jun 2026. Shizune tracks 58 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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