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Flourish is a venture firm focused on backing entrepreneurs whose innovations are helping people across the globe to capture economic opportunity and achieve financial health. The firm launches with a global team of 23 professionals and an existing $500 million portfolio across US and emerging markets, as well as an additional $300 million at its disposal over the next five years. Flourish is an evergreen fund backed by Pam and Pierre Omidyar, the founder of eBay. Flourish's global portfolio includes more than 40 fintech companies helping low- and middle-income households and small businesses to improve their financial standing. Investment themes include digital-only, mobile-first challenger banks, including Chime (recently valued at $1.5 billion), Aspiration, Neon, Albo, and Tez; new insurance models, such as MicroEnsure, Kin, and Pula; and asset optimization tools, including United Income and Scripbox. Flourish is a venture of The Omidyar Group (see profile). The firm has offices in Silicon Valley, Washington DC, and London, and covers India through a partnership with Omidyar Network India.
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