
Check Size
$500K – $5M
Stage
Pre-Seed – Seed
AUM
$340M
Founded
2006
About Floodgate
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.
Investment Thesis
“Invests in pre-seed and seed stage companies at major inflection points, focusing on non-consensus opportunities with transformative potential.”