Imaginable Futures

Managing Partner Amy Klement leads the firm's global strategy and investment decisions. She previously served as a partner at Omidyar Network and held executive roles at PayPal. The firm's founders, Pierre and Pam Omidyar, are not involved in day-to-day investment committee decisions.

Imaginable Futures was spun out of the Omidyar Network in 2020 as an independent entity. It carries forward a decade of education-sector investing that previously sat within the Omidyar Network's portfolio. The two organizations are now legally and operationally separate, though they share founding principals in Pierre and Pam Omidyar.

The firm does both. Imaginable Futures operates a dedicated foundation arm — Imaginable Futures Foundation — that makes grants to non-profit organizations working in learning and development. The main investment vehicle pursues for-profit returns across venture, growth, and buyout stages. This dual structure allows the firm to pursue systemic change through both market-rate capital and philanthropy.

The firm concentrates its portfolio on three regions: the United States, Brazil, and Sub-Saharan Africa. It maintains offices in Redwood City, São Paulo, and Nairobi to support direct sourcing and portfolio management in each market. The geographic focus reflects the Omidyars' long-standing philanthropic interests in emerging-market education systems.

Imaginable Futures invests across the full company lifecycle, from seed-stage startups to growth equity and buyouts. The firm also participates in complex situations and divestitures where education assets may be undervalued or misaligned. This flexible mandate allows it to back both early-stage EdTech startups and established workforce-training companies.

Yes. The firm has co-invested alongside Emerson Collective and other mission-aligned investors in multiple education and workforce-development deals. Its membership in the Global Impact Investing Network (GIIN) and participation in LAVCA further connects it to co-investment pipelines in Latin America. Co-investment is a deliberate strategy to syndicate risk and expertise in cross-border education deals.

The capital originates from Pierre Omidyar's creation of eBay, which went public in 1998 and established one of the largest tech fortunes of the dot-com era. He and his wife Pam co-founded The Omidyar Group as the umbrella for their philanthropic and impact-investing activities. Imaginable Futures represents one dedicated vehicle within that broader family enterprise, focused specifically on learning and human development.