Lily Lyman
InvestorGeneral 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.
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.
Darby's investors · 2
Co-founders at Darby
Experience
- Underscore VCGeneral Partnercurrent2018 — presentBoston
- WBURMember Board of Directorscurrent2024 — presentBoston, Massachusetts, United States
- New England Venture Capital AssociationBoard Member, Vice Chaircurrent2022 — presentBoston, Massachusetts, United States
- Allston Venture FundFunding Board membercurrent2022 — presentBoston, Massachusetts, United States
- MIT Sandbox Innovation Fund ProgramFunding Board Membercurrent2022 — presentBoston, Massachusetts, United States
- All RaiseBoston Chapter, Leadership teamcurrent2020 — present
- FacebookGrowth & Connectivity2013 — 2018Menlo Park
- Yard VenturesInvestment Committee Member2016 — 2018
- NECTCo-Founder2014 — 2015
- Dalberg Global Development AdvisorsConsultant2010 — 2012New York
- EndeavorPiLA + Entrepreneur Services (Global)2008 — 2010Chile, New York
Skills & more
+9 more
Strategic ConsultingPolicy AnalysisMarket EntryMarket ResearchNonprofitsBusiness DevelopmentAnalyticsFinancial ModelingStrategic PartnershipsLanguages 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
Also attended Stanford University Graduate School of Business2,000
+ 1,994 more
Also attended Harvard University2,000
+ 1,994 more
Also attended Columbia Business School1,062
+ 1,056 more
Shared employers
Also worked at WBUR1
Also worked at New England Venture Capital Association21
+ 15 more
Also worked at All Raise62
+ 56 more












































