Fundraising Fox

Lily Lyman

Investor

General Partner at Underscore VC · Board director at Darby

Boston

Writes $1M – $5M checks · typically $2.5M

Find your path to Lily

702 people in our graph share verified history with Lily — schools, employers, funds. One of them is your warm intro.

Ryan IsonounlockedLily: together at Yard Ventures (2016)
×9Lily: together at Facebook
Lily: together at MIT Sandbox Innovation Fund Program
Lily: together at Endeavor

About

Lily Lyman is a partner at Underscore VC, where she leads investments in workflow automation and Vertical AI across insurance, healthcare, and life sciences, and helps run the firm itself. Before venture, she was a growth leader at Facebook, launching products that added 100 million new users over four years, and earlier held strategy, operating, and entrepreneurial roles, including co-founding an agtech and CPG startup while at Stanford. She has lived and worked in more than 75 countries and works closely with founders on go-to-market strategy, product positioning, and growth. She holds a Harvard undergraduate degree and a Stanford GSB MBA, plus certificates from Columbia Business School and Stanford GSB.

Contact· published on Lily's own website

Invests in

AI & Machine LearningBiotechHealthtechInsurTech

Beyond investing

Founded
Co-founded an agtech and CPG startup while at Stanford.
Education
Earned her undergraduate degree from Harvard University. Earned her MBA from Stanford Graduate School of Business. Holds a Certificate in Entrepreneurship from Columbia Business School. Holds a Certificate in Public Management from Stanford GSB.
Boards
Board Director for the New England Venture Capital Association. Serves on the MIT Sandbox Funding Board. Serves on the Harvard Allston Fund. Serves on the board of WBUR.
Communities
Leads the Boston chapter of All Raise. Was a founding member of the Yard Ventures Investment Committee.
Hobbies
Speaks Spanish and can walk on her hands.

From Lily's own website — common ground for a warm intro.

Board director at Darby

Intro paths

In turn, Lily can intro founders to Darby's investors below.

Co-founders at Darby

JS
Jackson StoneExecutive Officer, Director
CL
Charlotte LawsonExecutive Officer, Director

Experience

  1. Underscore VCGeneral Partnercurrent2018 — presentBoston
  2. WBURMember Board of Directorscurrent2024 — presentBoston, Massachusetts, United States
  3. New England Venture Capital AssociationBoard Member, Vice Chaircurrent2022 — presentBoston, Massachusetts, United States
  4. Allston Venture FundFunding Board membercurrent2022 — presentBoston, Massachusetts, United States
  5. MIT Sandbox Innovation Fund ProgramFunding Board Membercurrent2022 — presentBoston, Massachusetts, United States
  6. All RaiseBoston Chapter, Leadership teamcurrent2020 — present
  7. FacebookGrowth & Connectivity2013 — 2018Menlo Park
  8. Yard VenturesInvestment Committee Member2016 — 2018
  9. NECTCo-Founder2014 — 2015
  10. Dalberg Global Development AdvisorsConsultant2010 — 2012New York
  11. EndeavorPiLA + Entrepreneur Services (Global)2008 — 2010Chile, New York

Skills & more

Strategic Planning8Strategy30Spanish3Entrepreneurship51Business Strategy15Management Consulting15Social Entrepreneurship21International Development8Emerging Markets12Start-ups15Non-profits2Community Outreach
+9 moreStrategic ConsultingPolicy AnalysisMarket EntryMarket ResearchNonprofitsBusiness DevelopmentAnalyticsFinancial ModelingStrategic Partnerships

Languages Spanish

From Lily's professional profile.

Deals · 1

DarbyBoard seat

via Underscore VC · filed Dec 2024 · $6.3M raise

Attribution from SEC filings, press coverage, and firm rosters.

Colleagues at Underscore VC

Network3

Investors connected to Lily in public investor directories — a warm-intro map.

Frequently asked questions

Who is Lily Lyman?
Lily Lyman is a partner at Underscore VC, where she leads investments in workflow automation and Vertical AI across insurance, healthcare, and life sciences, and helps run the firm itself. Before venture, she was a growth leader at Facebook, launching products that added 100 million new users over four years, and earlier held strategy, operating, and entrepreneurial roles, including co-founding an agtech and CPG startup while at Stanford. She has lived and worked in more than 75 countries and works closely with founders on go-to-market strategy, product positioning, and growth. She holds a Harvard undergraduate degree and a Stanford GSB MBA, plus certificates from Columbia Business School and Stanford GSB.
Where does Lily Lyman work?
Lily Lyman is General Partner at Underscore VC and Board director at Darby.
What does Lily Lyman invest in?
Lily Lyman invests in AI & Machine Learning, Biotech, Healthtech, InsurTech.
What check size does Lily Lyman write?
Lily Lyman typically writes checks of $1M – $5M.
What boards does Lily Lyman sit on?
Lily Lyman holds tracked board seats at Darby.
Where did Lily Lyman go to school?
Lily Lyman studied at Stanford University Graduate School of Business (Master of Business Administration (MBA)); Harvard University (BA, Social Studies); Columbia Business School (Entrepreneurship and Competitiveness Certificate, Entrepreneurship/Entrepreneurial Studies).

Same school

Shared employers