At a Glance
Floodgate is a venture capital firm based in Palo Alto, CA founded in 2006. Your first true believers. Floodgate Fund is a venture capital firm that focuses on early stage investments in technology companies. The firm focuses on Pre-Seed, Seed investments across sectors including AI, Consumer, Enterprise. The firm manages $340M in assets under management. Notable portfolio companies include Twitter, Lyft, Twitch, Refinery29, Okta, TaskRabbit, Modcloth and Chegg. Invests in pre-seed and seed stage companies at major inflection points, focusing on non-consensus opportunities with transformative potential.
“Invests in pre-seed and seed stage companies at major inflection points, focusing on non-consensus opportunities with transformative potential.”
| Fund | Vintage | Size | Status |
|---|---|---|---|
| Floodgate Fund V | 2021 | $150M | Investing |
| Floodgate Fund IV | 2018 | $100M | Harvesting |
| Floodgate Fund III | 2015 | $50M | Harvesting |
| Floodgate Fund II | 2012 | $30M | Fully Realized |
| Floodgate Fund I | 2009 | $20M | Fully Realized |
2020
Cameo
Series B$50M2019
Outschool
Series A$8.2M2018
Rappi
Series B$200M2016
Refinery29
Series C$50M2015
Xamarin
Series C$54M2013
GoodData
Series B$25M2012
Lyft
Seed2011
TaskRabbit
Series A$17.8M2010
Modcloth
Series A$7.5M2009
2008
Okta
SeedFloodgate primarily invests at the Pre-Seed, Seed stages. This means they focus on companies that are at the earliest idea or prototype phase.
Floodgate is headquartered in Palo Alto, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
Floodgate focuses on investments in AI, Consumer, Enterprise. Their portfolio reflects deep expertise and networks within these sectors.
Floodgate's typical investment check size ranges from $500K to $5M. Actual amounts may vary based on the stage, sector, and specific opportunity.
Floodgate manages approximately $340M in assets under management (AUM) across their funds.
