
Flourish Ventures
Description
Flourish Ventures is a global venture capital firm dedicated to fostering financial health and prosperity for individuals and small businesses worldwide. Established in 2019 and part of The Omidyar Group, the firm operates with a dual mandate: generating competitive financial returns while driving meaningful social impact. Headquartered in San Francisco, Flourish Ventures strategically invests in innovative fintech and insurtech companies that leverage technology to expand access to financial services, improve financial literacy, and create economic opportunities for underserved populations.
The firm's investment thesis centers on backing mission-driven entrepreneurs who are building scalable solutions across a diverse range of financial services, including digital banking, lending, payments, insurance, and wealth management. Flourish Ventures maintains a global footprint, with a particular emphasis on emerging markets such as India, Southeast Asia, Africa, and Latin America, alongside targeted investments in the United States. They typically engage with companies from Seed to Series B stages, providing not only capital but also strategic guidance and access to their extensive network.
Flourish Ventures is known for its patient capital approach, often taking a long-term view on its portfolio companies. Their investment strategy is deeply rooted in the belief that technology can be a powerful equalizer, enabling millions to gain control over their financial lives. The firm actively seeks out companies that demonstrate strong unit economics and a clear path to profitability, ensuring sustainability alongside their social mission.
With over $500 million in assets under management, Flourish Ventures has built a robust portfolio of over 70 investments across more than 15 countries since its inception. This commitment to both financial innovation and social good positions Flourish Ventures as a distinctive and impactful player in the global venture capital landscape.
Investor Profile
Flourish Ventures has backed more than 162 startups, with 16 new investments in the last 12 months alone. The firm has led 25 rounds, about 15% of its total and boasts 11 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in United States, India, Brazil.
- Strong thematic focus on Financial Services, FinTech, Finance.
- Led 7 rounds in the past year.
- Typical check size: $500K – $10M.
Stage Focus
- Series A (31%)
- Seed (23%)
- Series B (23%)
- Series C (9%)
- Series Unknown (4%)
- Series D (3%)
- Pre Seed (3%)
- Convertible Note (1%)
- Series E (1%)
- Secondary Market (1%)
Country Focus
- United States (37%)
- India (24%)
- Brazil (7%)
- Indonesia (5%)
- Mexico (4%)
- Nigeria (3%)
- Egypt (3%)
- South Africa (3%)
- Kenya (2%)
- Bangladesh (2%)
Industry Focus
- Financial Services
- Fintech
- Finance
- Payments
- Banking
- Credit
- Insurance
- Insurtech
- E-commerce
- Software
Frequently Asked Questions
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