Boston-based venture capital firm, Underscore VC, is heading for a new direction as Lily Lyman steps into a significant leadership role. Legendary for her commitment to enterprise startups, this change signifies a pivotal shift for the firm.
In demonstrating an unusual level of dedication, Lyman was instrumental in landing an investment for the startup, Hi Marley. Notable activities included coaching the entrepreneur’s daughter’s lacrosse team, exemplifying her daring and audacious spirit. These actions echo the firm’s overall ethos and cemented Lyman’s reputation within the industry.
Lyman’s substantial standing in early-stage investment includes securing over a hundred million new users for global telecom firms. Although, her recognition still remains largely within the confines of Silicon Valley.
Lyman’s diverse investment portfolio – boasting successes with startups such as Hi Marley, Goldcast, and Slang.ai – cements her ability to identify successful investments and trends. This skill has only continued to grow her impressive portfolio.
Underscore VC is experiencing a planned transition, with the firm’s original founders shifting towards mentorship. The old guard passes the baton to a new breed of leaders, infusing vitality and fresh perspectives into the company operations.
Clients and stakeholders can expect to see the same high level of service and investment acumen they’ve grown accustomed to. This leadership transition signifies an exciting time of growth, innovation, and overall success for the firm.
Lyman is widely respected within the firm and in industry circles for her contribution to Underscore VC and to the Boston entrepreneurial community. Underscore invests nearly half of its resources locally, and Lyman’s influence has positively impacted local businesses and entrepreneurs.
Finally, Lyman’s visionary leadership and strategic foresight are expected to yield greater success and benefits, not just for Underscore VC but for the broader venture capital industry. Her tireless efforts in nurturing startups, establishing strategic partnerships, and supporting the wider ecosystem truly embody the firm’s dedication.
