Predict your next investment

Venture Capital
flourishventures.com

See what CB Insights has to offer

Investments

145

Portfolio Exits

12

Funds

1

Partners & Customers

2

About Flourish Ventures

Flourish Ventures is an evergreen fund investing in entrepreneurs whose innovations help people achieve financial health and prosperity. Managed by a global team, Flourish makes impact-oriented investments in challenger banks, personal finance, insurtech, regtech, and other technologies that empower people and foster a fair, more inclusive economy.

Flourish Ventures Headquarter Location

1991 Broadway Suite 200

Redwood City, California, 94063,

United States

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Flourish Ventures News

Mobile POS Solution Startup QueueBuster Bags $8 Mn; To Build Retail-Focussed Super App

Jun 13, 2022

QueueBuster’s investors in the round include Chiratae Ventures, Omidyar Network India, Flourish Ventures, among others Competing with the likes of Dukaan and Bikayi, QueueBuster aims to become a super app for retailers across the country Currently at 20K+ merchants, the startup now aims to reach 10 Mn+ merchants by CY25 Delhi NCR-based QueueBuster has raised INR 63.3 Cr ($8.16 Mn) in a Series A funding round. DMI Alternative Investment Fund (the Sparkle Fund) and Unaprime Investment Advisors also participated in the startup’s first institutional round of funding. The startup plans to use the funds to focus on merchant growth, product enhancements and scaling its distribution network. Founded in 2016 by second-time entrepreneur Varun Tangri, QueueBuster is a SaaS-based POS application. It helps enterprises manage billing, inventory, daily ledger, online storefront, customers and loyalty programs with a single application. QueueBuster claims to have over 20K merchants ranging from neighbourhood Kirana stores to enterprises such as HUL, Tata and ITC. The retail tech startup said it has processed more than 1.1 Mn invoices worth over INR 130 Cr in May 2022 alone. Between January 2021 and May 2022, it has processed more than 12 Mn invoices worth over INR 1,000 Cr on its android app. Recommended For You:

Flourish Ventures Investments

145 Investments

Flourish Ventures has made 145 investments. Their latest investment was in QueueBuster as part of their Series A on June 6, 2022.

CBI Logo

Flourish Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/13/2022

Series A

QueueBuster

$8.16M

Yes

2

5/17/2022

Series C

Unit

$100M

No

2

5/12/2022

Series A

Cushion

$12M

No

5

5/12/2022

Series B

Subscribe to see more

$99M

Subscribe to see more

10

4/6/2022

Series A

Subscribe to see more

$99M

Subscribe to see more

10

Date

6/13/2022

5/17/2022

5/12/2022

5/12/2022

4/6/2022

Round

Series A

Series C

Series A

Series B

Series A

Company

QueueBuster

Unit

Cushion

Subscribe to see more

Subscribe to see more

Amount

$8.16M

$100M

$12M

$99M

$99M

New?

Yes

No

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

2

5

10

10

Flourish Ventures Portfolio Exits

12 Portfolio Exits

Flourish Ventures has 12 portfolio exits. Their latest portfolio exit was Tez Financial Services on May 23, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/23/2022

Acquired

$99M

1

11/18/2021

Acquired

$99M

2

8/18/2021

Acq - Pending

$99M

1

8/4/2021

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

7/23/2021

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

5/23/2022

11/18/2021

8/18/2021

8/4/2021

7/23/2021

Exit

Acquired

Acquired

Acq - Pending

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

1

2

1

10

10

Flourish Ventures Fund History

1 Fund History

Flourish Ventures has 1 fund, including Flourish Ventures.

Closing Date

Fund

Fund Type

Status

Amount

Sources

4/3/2019

Flourish Ventures

$300M

1

Closing Date

4/3/2019

Fund

Flourish Ventures

Fund Type

Status

Amount

$300M

Sources

1

Flourish Ventures Partners & Customers

2 Partners and customers

Flourish Ventures has 2 strategic partners and customers. Flourish Ventures recently partnered with Integra Community Care on April 4, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

4/11/2022

Partner

United States

Partnership between Integra and Flourish Fund aims to support parents-to-be at Women & Infants Hospital

Partnership between Integra Community Care Network and Flourish Fund aims to support parents-to-be at Women

1

11/14/2019

Partner

United States

Subscribe to see more

Subscribe to see more

10

Date

4/11/2022

11/14/2019

Type

Partner

Partner

Business Partner

Country

United States

United States

News Snippet

Partnership between Integra and Flourish Fund aims to support parents-to-be at Women & Infants Hospital

Partnership between Integra Community Care Network and Flourish Fund aims to support parents-to-be at Women

Subscribe to see more

Subscribe to see more

Sources

1

10

Flourish Ventures Team

4 Team Members

Flourish Ventures has 4 team members, including current Managing General Partner, Ameya Upadhyay.

Name

Work History

Title

Status

Ameya Upadhyay

Managing General Partner

Current

Arjuna Costa

Omidyar Network, The Rohatyn Group, Harvard Business School, United States African Development Foundation, and Lehman Brothers

Managing Partner

Current

Tilman Ehrbeck

Managing Partner

Current

Emmalyn Shaw

Managing Partner

Current

Name

Ameya Upadhyay

Arjuna Costa

Tilman Ehrbeck

Emmalyn Shaw

Work History

Omidyar Network, The Rohatyn Group, Harvard Business School, United States African Development Foundation, and Lehman Brothers

Title

Managing General Partner

Managing Partner

Managing Partner

Managing Partner

Status

Current

Current

Current

Current

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.