Emmalyn has a keen eye for innovative technologies with the potential to upend the traditional financial landscape and strengthen economic resiliency. Emmalyn co-manages Flourish and leads investments focused on promoting financial health in the US.
She has 20 years of technology investing experience, working closely with entrepreneurs to build large scale businesses. As partner at Omidyar Network, Emmalyn co-managed the Financial Inclusion team. Prior to that, she was a venture partner at Oak Investment Partners, deploying over $150 million of capital in companies such as Bleacher Report, Huffington Post, Thrillist, and Demand Media. Before Oak, she led software and internet investments including Tellme Networks, Neoteris, and MySpace at VantagePoint Partners and the Barksdale Group.
Most Americans are struggling. 40 percent of the country’s adults, if faced with an unexpected expense of $400, would either not be able to cover it or would cover it by selling something or borrowing money. Household debt is at an all time high, totaling $13.2 trillion. This dire scenario can make life’s common setbacks — an unforeseen car repair, a health emergency, or a job loss — lead to catastrophic financial consequences. And this is not a lower-income person’s problem. This picture captures the majority of our country’s middle class.29 April 2019
At the highest level we look at the same criteria, we care about financial health and technology to promote financial health. The U.S. as a more mature market tends to be a lot more competitive.29 April 2019
Flourish is taking the $200 million portfolio it had at Omidyar. It also has $300 million more at its disposal over the next five years. Investments will largely be seed and Series A rounds, although the firm could participate in later rounds for enterprises already in the portfolio.29 April 2019