SOSV III, L.P. (IFC-38299)

  • World
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Apr 4, 2017
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  • Finance
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Investment Type(s)
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Investment Amount (USD)
$ 30.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Jul 17, 2018

Disclosed by Bank Nov 22, 2016

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Project Description

According to IFC website, SOSV III, L.P. is a global startup accelerator fund raising $200 million to support approximately 700 early stage companies through its accelerator network in Asia, the U.S., and the EU. This investment will fall under the Startup Catalyst initiative, which supports entrepreneurship and innovation at the earliest stages. Also, the project is expected to have a high development impact in the following areas:

1. Address funding gap for early stage investments by supporting approximately 700 startups and early stage companies.

2. Transfer knowledge and best practices to emerging market companies through its sector-focused accelerators.

3. Support local entrepreneurship on a large and global scale through its global accelerator network, various internal and external events, and early stage investments. The Fund is expected to reach 1,500+ founders/entrepreneurs.

Investment Description
Financial Intermediary
Financial Intermediary: A commercial bank or financial institution that receives funds from a development bank. A financial intermediary then lends these funds to their clients (private actors) in the form of loans, bonds, guarantees and equity shares. Financial intermediaries include insurance, pension and equity funds. The direct financial relationship is between the development bank and the financial intermediary.
Private Actors Description

The Fund is sponsored by SOSV, a global seed and early stage venture firm founded in 1995 by Sean O’Sullivan, an entrepreneur and venture investor.

SOSV is venture capital firm and an accelerator specializing in technology startups. The firm also specializes in seed, early venture, growth capital, venture and growth-stage funding to disruptive startups.

Contact Information

Project Contact: Audrey Chen
Office Address: 174 Nassau Street Suite 3000, Princeton, NJ 08540
Email Address:


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