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    Emerald Development Managers

    New York, New York, United StatesFounded 1994

    Emerald Development Managers is an early-stage venture capital firm based in New York, founded in 1994. The firm invests in exceptional scientific and engineering teams solving real problems across life sciences, enterprise software, cybersecurity, industrial technology, and sustainability.

    35% of their portfolio is in Cybersecurity. Deal activity decreased year-over-year (1 deal in the last 12 months vs 2 prior). Average disclosed round size is $25.4M (across 23 rounds with reported amounts).

    Find people at Emerald Development Managers on Goldilocks AI

    Portfolio

    19

    Fund Size

    —

    Top Stage

    Series A

    Last 12 Mo

    1

    Team

    Abbe Serphos

    Abbe Serphos

    Operating Partner and Head of Communications

    Charles Collins

    Charles Collins

    PARTNER

    Josh Smith

    Josh Smith

    DIRECTOR, INVESTOR RELATIONS

    Cy Schroeder

    Cy Schroeder

    Principal

    Ian Tolfree, PhD

    Ian Tolfree, PhD

    PRINCIPAL

    Beckie Cohen

    Beckie Cohen

    Associate

    Youssef Kheiralla

    Youssef Kheiralla

    ASSOCIATE

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    26 investments
    CompanyRoundAmountDate
    Random Power logoRandom PowerUnknown—Dec 2025
    Uviquity logoUviquitySeed$6.6MMay 2025
    Proscia logoProsciaUnknown$50MMar 2025
    Proscia logoProsciaUnknown$50MJan 2025
    Una Software logoUna SoftwareSeed$4.4MJan 2024
    Etch logoEtchSeed$7.5MJul 2023
    Transcend Therapeutics logoTranscend TherapeuticsSeries A$40MFeb 2023
    Transcend logoTranscendSeries A$25MFeb 2023
    Transcend logoTranscendSeries A$40MFeb 2023
    Torigen Pharmaceuticals logoTorigen PharmaceuticalsUnknown$13MNov 2022
    TTorigenUnknown$13MNov 2022
    Evolved by Nature logoEvolved by NatureSeries C$120MJun 2022
    CybSafe logoCybSafeSeries B$28MJun 2022
    TrueFort logoTrueFortSeries B$30MSep 2021
    Cyware logoCywareSeries B$30MMar 2021
    Babson Diagnostics logoBabson DiagnosticsSeries B—Jan 2021
    Cyware logoCywareSeries A$10MAug 2020
    LifeSprout logoLifeSproutSeries A$28.5MJan 2020
    Cyware logoCywareSeries A$30MJan 2020
    LifeSprout logoLifeSproutSeed—Jan 2018
    READY Robotics logoREADY RoboticsSeries B$23MJan 2017
    TrueFort logoTrueFortSeries A$13.7M—
    Babson Diagnostics logoBabson DiagnosticsSeries A$13.7M—
    Cyware logoCywareSeed$3M—
    Vixiar Medical logoVixiar MedicalSeed$1.5M—
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    Top Co-Investors

    Last updated: 7 October 2026