Arjuna Costa
InvestorManaging Partner, Flourish Ventures at Madica · Managing Partner at Flourish Ventures · Senior Advisor at Accial Capital
<UNKNOWN>
Writes $100K – $5M checks · typically $3.5M
About
Arjuna Costa is a co-founder and Managing Partner at Flourish Ventures, which grew out of the Omidyar Network where he joined in 2010 to develop its technology-for-financial-inclusion work. He began his career as an investment banker in the early 1990s before moving into microfinance, bank restructuring under World Bank and IMF structural adjustment programs, and a bank turnaround fund. At Flourish he focuses on fintech and financial health investing across emerging markets including Latin America, Southeast Asia, India, and Africa.
Contact· self-published, not guessed
Invests in
AgTechConsumerFintechFoodTechImpact & Social GoodInsurTechSaaS
Experience
- Flourish VenturesCo-Founder and Managing Partnercurrent2019 — presentSan Francisco Bay Area, California
- Liquid AIInvestorcurrent2025 — presentSão Paulo, Brazil
- AkuaInvestorcurrent2024 — presentBogotá, Colombia
- minuInvestorcurrent2024 — presentMexico City, Mexico
- MoradaUnoInvestor / Board Membercurrent2024 — presentMexico City, Mexico
- DoladoInvestor / Board Observercurrent2022 — presentSão Paulo, Brazil
- KaminoInvestor / Board Membercurrent2021 — presentSão Paulo, Brazil
- MapanInvestorcurrent2021 — presentJakarta, Indonesia
- DinieInvestorcurrent2021 — presentSão Paulo, Brazil
- Heru (YC S19)Investor / Board Observercurrent2020 — presentMexico City, Mexico
- SwapInvestor / Board Observer / Board Membercurrent2020 — presentSão Paulo, Brazil
- alboInvestor / Board Observercurrent2018 — presentMexico City, Mexico
- NeonInvestor / Board Observercurrent2018 — presentSão Paulo, Brazil
- eCurrencyInvestor / Board Membercurrent2015 — presentOakland, California
- Pagatech LimitedInvestor / Board Observercurrent2012 — presentLagos, Nigeria
- Mercê do BairroInvestor / Board Member2021 — 2024São Paulo, Brazil
- MIC GlobalInvestor/Board Member2020 — 2023
- MIC GlobalBoard Member2012 — 2020London, United Kingdom
- LenddoEFLBoard Member2017 — 2023
- LenddoEFLBoard Observer / Director2012 — 2017Singapore
- Cignifi Inc.Board Observer / Director2012 — 2023Cambridge, Massachusetts
- StrongArm TechInvestor / Board Member2019 — 2023Denver, Colorado
- ALU EducationBoard Member2015 — 2022Mauritius / Nairobi
- Digital Frontiers InstituteSteering Committee Member / Board Member2015 — 2021Cape Town, South Africa
- Juntos, Inc.Board Observer / Director2014 — 2021San Carlos, California
- ZoonaBoard Member2012 — 2019Lusaka, Zambia
- Omidyar NetworkPartner2010 — 2019Redwood City, California
- PT Rekan Usaha Mikro Anda (RUMA)Board Observer / Director2012 — 2018Jakarta, Indonesia
- Entrepreneurial Finance Lab [EFL Global]Board Member2016 — 2017Lima, Peru
- The Rohatyn GroupInvestment professional2008 — 2009New York, New York
- Harvard Business SchoolResearcher2006 — 2007Cambridge, Massachusetts
- Africa International Financial HoldingsCo-Founder2001 — 2006Cambridge, Massachusetts
- U.S. African Development FoundationConsultant, US Government1998 — 1999Washington, D.C.
- Lehman BrothersAssociate1992 — 1997New York, New York
Skills & more
Emerging Markets98Venture Capital77Private Equity57Financial Services27Start-ups25
From Arjuna's professional profile.
Colleagues at Madica
Network9
Reid HoffmanScout
Co-founder of LinkedIn; Partner at Greylock
Daniel GorfineScout
Advisor at Flourish Ventures
Diana NarváezScout
Principal at Flourish Ventures
Julio VasconcellosScout
Partner at Atlantico
Ameya Upadhyay
General Partner at Flourish Ventures
Crystal Sun
Analyst at Flourish Ventures
Efayomi Carr
Investment Partner at Flourish Ventures
Emmalyn Shaw
Co-Founder & Managing Partner at Flourish Ventures
Garret Chiem
Sr Associate, Finance & Operations at Flourish Ventures
Investors connected to Arjuna in public investor directories — a warm-intro map.
Frequently asked questions
- Who is Arjuna Costa?
- Arjuna Costa is a co-founder and Managing Partner at Flourish Ventures, which grew out of the Omidyar Network where he joined in 2010 to develop its technology-for-financial-inclusion work. He began his career as an investment banker in the early 1990s before moving into microfinance, bank restructuring under World Bank and IMF structural adjustment programs, and a bank turnaround fund. At Flourish he focuses on fintech and financial health investing across emerging markets including Latin America, Southeast Asia, India, and Africa.
- Where does Arjuna Costa work?
- Arjuna Costa is Managing Partner, Flourish Ventures at Madica.
- What does Arjuna Costa invest in?
- Arjuna Costa invests in AgTech, Consumer, Fintech, FoodTech, Impact & Social Good, InsurTech, SaaS.
- What check size does Arjuna Costa write?
- Arjuna Costa typically writes checks of $100K – $5M.
- Where did Arjuna Costa go to school?
- Arjuna Costa studied at Harvard Business School (MBA); Columbia College, Columbia University (Bachelor of Arts (BA), Computer Science).
Same school
Also attended Harvard Business School2,000
Brad GerstnerFounder & CEO of Altimeter CapitalAileen LeeFounder & Managing Partner of Cowboy VenturesTim DraperFounder of Draper AssociatesMamoon HamidPartner at Kleiner PerkinsNeeraj AgrawalGeneral Partner at Battery VenturesHristo BorisovCo-founder & CEO of Payhawk
+ 1,994 more
Also attended Columbia College, Columbia University27
MarioPartner at Hummingbird VenturesWilliam WooImpact at Non Sibi VenturesGabriel KraManaging Director at Prelude VenturesVic StoneGeneral Partner, President and Head of 82VS Dallas at 82VSJulius GenachowskiVenture Partner at Overture ClimateRachel HodesDirector of Platform at NextView Ventures
+ 21 more
Shared employers
Also worked at Akua1
Also worked at Swap1
Also worked at albo4
Also worked at Neon10
Jay ReinemannGeneral Partner at Propel Venture PartnersDavid MortGeneral Partner at Propel Venture PartnersWilliam AbecassisManaging Partner and CIO at BravenAlexandre LazarowManaging Partner at Fluent VenturesIlmo CaldasAssociate at HiPartners Capital&WorkAlan ChusidSenior Advisor at Gilgamesh Ventures
+ 4 more