Flourish Ventures

Flourish Ventures is a venture capital firm established in 2019 and headquartered in San Francisco, California. It focuses on early-stage investments in sectors such as fintech, insurtech, consumer and small business lending, regulatory technology, and digital payments. The firm aims to support entrepreneurs whose innovations enhance financial health and prosperity for individuals and small businesses, particularly in underserved markets across Asia, Africa, Latin America, and the United States. Flourish Ventures manages $850 million in assets and employs a long-term investment strategy, partnering with over 70 global fintech founders and 18 ecosystem partners, including industry leaders in research, policy, and regulation. This collaborative approach seeks to foster a more inclusive economy.

Jana Aboughali

Analyst

Garret Chiem

Senior Associate

Arjuna Costa

Co-Founder and Managing Partner

Tilman Ehrbeck

Managing Partner

Su Fen Goh

Investor

Harsh Gupta

Principal

Matt Kelly

Investor

Pranav Mittal

Analyst

Tina Moran

Associate

Sarah Morgenstern

Venture Partner

Diana Narváez

Associate

Emmalyn Shaw

Co-Founder and Managing Partner

Crystal Sun

Associate

Ameya Upadhyay

Venture Partner

Past deals in Life and Health Insurance

Qoala

Series B in 2022
Qoala is an insurtech company based in Jakarta Selatan, Indonesia, founded in 2018. The company provides online insurance services for various needs, including coverage for flight and train delays, phone screen damages, and e-commerce logistics. By utilizing big data, machine learning, IoT, and blockchain technology, Qoala aims to transform the insurance landscape in Indonesia. It collaborates with major e-commerce and travel platforms to improve customer experience through its innovative insurance products.

Kin Insurance

Series D in 2022
Kin Insurance, Inc. is an insurance agency founded in 2016 and headquartered in Chicago, Illinois, with additional offices in St. Petersburg, Florida. The company specializes in home insurance products, offering a range of coverage options including homeowners, mobile home, condo, flood, manufactured home, landlord, umbrella, hurricane, wildfire, and second home insurance. Kin Insurance utilizes an online platform that simplifies the application process, allowing customers to customize their policies based on thousands of property data points. This approach ensures that homeowners receive personalized and affordable coverage tailored to their specific needs. With payment processing facilities in Palatine and Chicago, Kin Insurance aims to provide a user-friendly experience while helping clients secure their assets effectively.

GramCover

Series A in 2021
GramCover Insurance Brokers Private Limited is an online insurance brokerage firm based in Noida, India, focused on serving the rural sector. Established in 2016, the company offers a comprehensive marketplace that provides various insurance products, including life, crop, livestock, health, and motor insurance, alongside reinsurance and risk advisory services. By leveraging technology and innovative distribution methods, GramCover aims to reduce costs and enhance insurance penetration in rural areas. The platform utilizes tools such as Jan Dhan, Aadhar, and mobile technology to efficiently onboard customers, while its advanced risk analysis capabilities facilitate the development of personalized insurance products tailored to the needs of farmers. Additionally, GramCover supports its users with services like claim processing, policy download, payment collection, and customer onboarding.

Kin Insurance

Series C in 2021
Kin Insurance, Inc. is an insurance agency founded in 2016 and headquartered in Chicago, Illinois, with additional offices in St. Petersburg, Florida. The company specializes in home insurance products, offering a range of coverage options including homeowners, mobile home, condo, flood, manufactured home, landlord, umbrella, hurricane, wildfire, and second home insurance. Kin Insurance utilizes an online platform that simplifies the application process, allowing customers to customize their policies based on thousands of property data points. This approach ensures that homeowners receive personalized and affordable coverage tailored to their specific needs. With payment processing facilities in Palatine and Chicago, Kin Insurance aims to provide a user-friendly experience while helping clients secure their assets effectively.

Kin Insurance

Series B in 2020
Kin Insurance, Inc. is an insurance agency founded in 2016 and headquartered in Chicago, Illinois, with additional offices in St. Petersburg, Florida. The company specializes in home insurance products, offering a range of coverage options including homeowners, mobile home, condo, flood, manufactured home, landlord, umbrella, hurricane, wildfire, and second home insurance. Kin Insurance utilizes an online platform that simplifies the application process, allowing customers to customize their policies based on thousands of property data points. This approach ensures that homeowners receive personalized and affordable coverage tailored to their specific needs. With payment processing facilities in Palatine and Chicago, Kin Insurance aims to provide a user-friendly experience while helping clients secure their assets effectively.

GramCover

Seed Round in 2020
GramCover Insurance Brokers Private Limited is an online insurance brokerage firm based in Noida, India, focused on serving the rural sector. Established in 2016, the company offers a comprehensive marketplace that provides various insurance products, including life, crop, livestock, health, and motor insurance, alongside reinsurance and risk advisory services. By leveraging technology and innovative distribution methods, GramCover aims to reduce costs and enhance insurance penetration in rural areas. The platform utilizes tools such as Jan Dhan, Aadhar, and mobile technology to efficiently onboard customers, while its advanced risk analysis capabilities facilitate the development of personalized insurance products tailored to the needs of farmers. Additionally, GramCover supports its users with services like claim processing, policy download, payment collection, and customer onboarding.

GramCover

Seed Round in 2020
GramCover Insurance Brokers Private Limited is an online insurance brokerage firm based in Noida, India, focused on serving the rural sector. Established in 2016, the company offers a comprehensive marketplace that provides various insurance products, including life, crop, livestock, health, and motor insurance, alongside reinsurance and risk advisory services. By leveraging technology and innovative distribution methods, GramCover aims to reduce costs and enhance insurance penetration in rural areas. The platform utilizes tools such as Jan Dhan, Aadhar, and mobile technology to efficiently onboard customers, while its advanced risk analysis capabilities facilitate the development of personalized insurance products tailored to the needs of farmers. Additionally, GramCover supports its users with services like claim processing, policy download, payment collection, and customer onboarding.

Qoala

Series A in 2020
Qoala is an insurtech company based in Jakarta Selatan, Indonesia, founded in 2018. The company provides online insurance services for various needs, including coverage for flight and train delays, phone screen damages, and e-commerce logistics. By utilizing big data, machine learning, IoT, and blockchain technology, Qoala aims to transform the insurance landscape in Indonesia. It collaborates with major e-commerce and travel platforms to improve customer experience through its innovative insurance products.

Toffee Stack

Series A in 2019
Toffee Insurance is making insurance affordable, relevant and accessible for everyone with its one simple plan that covers for health, life, household and more. Be it small insurance packs for your day to day possessions, topical health hazards or protecting you and your family for life, Toffee does all the heavy lifting in easy monthly payments. Find your Toffee here: www.toffeeinsurance.com!

MyShubhLife

Series A in 2019
MyShubhLife is a full stack financial services provider for the Next Half Billion. With Real-time analytics and credit reports based on alternative data, MyShubhLife reaches unserved and underserved market segments to provide meaningful financial inclusion. MyShubhLife has further strengthened its financial inclusion goal through its financial wellness program for corporates and individuals by expanding its portfolio to include Mini and Micro loans, Insurance, Mutual Fund SIPS, Tax filing service and more.

MyShubhLife

Series A in 2019
MyShubhLife is a full stack financial services provider for the Next Half Billion. With Real-time analytics and credit reports based on alternative data, MyShubhLife reaches unserved and underserved market segments to provide meaningful financial inclusion. MyShubhLife has further strengthened its financial inclusion goal through its financial wellness program for corporates and individuals by expanding its portfolio to include Mini and Micro loans, Insurance, Mutual Fund SIPS, Tax filing service and more.

Kin Insurance

Convertible Note in 2019
Kin Insurance, Inc. is an insurance agency founded in 2016 and headquartered in Chicago, Illinois, with additional offices in St. Petersburg, Florida. The company specializes in home insurance products, offering a range of coverage options including homeowners, mobile home, condo, flood, manufactured home, landlord, umbrella, hurricane, wildfire, and second home insurance. Kin Insurance utilizes an online platform that simplifies the application process, allowing customers to customize their policies based on thousands of property data points. This approach ensures that homeowners receive personalized and affordable coverage tailored to their specific needs. With payment processing facilities in Palatine and Chicago, Kin Insurance aims to provide a user-friendly experience while helping clients secure their assets effectively.

Toffee Stack

Seed Round in 2019
Toffee Insurance is making insurance affordable, relevant and accessible for everyone with its one simple plan that covers for health, life, household and more. Be it small insurance packs for your day to day possessions, topical health hazards or protecting you and your family for life, Toffee does all the heavy lifting in easy monthly payments. Find your Toffee here: www.toffeeinsurance.com!

Kin Insurance

Seed Round in 2017
Kin Insurance, Inc. is an insurance agency founded in 2016 and headquartered in Chicago, Illinois, with additional offices in St. Petersburg, Florida. The company specializes in home insurance products, offering a range of coverage options including homeowners, mobile home, condo, flood, manufactured home, landlord, umbrella, hurricane, wildfire, and second home insurance. Kin Insurance utilizes an online platform that simplifies the application process, allowing customers to customize their policies based on thousands of property data points. This approach ensures that homeowners receive personalized and affordable coverage tailored to their specific needs. With payment processing facilities in Palatine and Chicago, Kin Insurance aims to provide a user-friendly experience while helping clients secure their assets effectively.
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