# Flourish Ventures

> Flourish Ventures is a global early-stage venture firm investing in companies that improve financial health for individuals and small businesses. Spun out of Omidyar Network in 2019, it combines an evergreen capital structure backed by Pierre Omidyar with fintech expertise, founder support, and work with research and policy organizations. Its website reports $850 million under management and more than 100 portfolio companies.

- **Founded:** 2019
- **Headquarters:** San Francisco, United States
- **Founders:** Emmalyn Shaw (Co-Founder & Managing Partner), Arjuna Costa (Co-Founder & Managing Partner), Tilman Ehrbeck (Co-Founder & Managing Partner)
- **Products:** Early-stage fintech venture investment, Founder wellbeing and leadership support, Ecosystem investment and research, Madica affiliate
- **Notable:** Website reports $850 million under management and 100+ portfolio companies as reviewed in October 2026., Inherited a $200 million investment portfolio when it spun out in 2019., Early investment in Chime dates to 2017 under its predecessor platform; Chime went public in 2025.

## Products & services

- **Early-stage fintech venture investment** — Equity capital for fintech founders across the U.S., Latin America, Africa, India and Southeast Asia, with follow-on participation and board involvement where appropriate.
- **Founder wellbeing and leadership support** — Tailored founder support, leadership workshops, peer connections and CEO retreats; publicly documented founder wellness series began in 2022.
- **Ecosystem investment and research** — Works with research, policy and regulatory organizations alongside commercial investments; publishes financial-health and founder research.
- **Madica affiliate** — Africa-focused, sector-agnostic pre-seed program launched with up to $200,000 per investment and company-building support. Its mandate extends beyond Flourish’s core fintech focus.

## Achievements

- Website reports $850 million under management and 100+ portfolio companies as reviewed in October 2026.
- Inherited a $200 million investment portfolio when it spun out in 2019.
- Early investment in Chime dates to 2017 under its predecessor platform; Chime went public in 2025.
- Launched affiliate Madica in October 2022.

## Latest updates

- **2026-10** — Announced participation in Spiko’s $90 million Series B led by NEA, alongside Index Ventures. The total round is not Flourish’s individual check.
- **2026-05** — Published its investment rationale for legal AI platform Jurisphere.
- **2025-07** — Published Tilman Ehrbeck’s reflections on portfolio company Chime’s IPO and its financial-health thesis.

## Links

- Website: https://flourishventures.com/
- LinkedIn: https://www.linkedin.com/company/flourishventures
- Twitter/X: https://twitter.com/flourishVC
- YouTube: https://www.youtube.com/@flourishventures2082/featured
- Instagram: https://www.instagram.com/flourishvc_/
- Facebook: https://www.facebook.com/FlourishVentureCapital/

---

Profile page: https://yespress.io/flourish-ventures
Published by YesPress — https://yespress.io
Last updated: 2026-10-27