Floodgate

About The Fund

Floodgate is a venture capital firm focused on empowering promising early-stage startups driven by transformative ideas and exceptional founders. Headquartered in Palo Alto, California, United States, they specialize in seed, early stage, Series A, and Series B investments, and they are known for being among the first true believers in a startup's potential. With assets under management amounting to $131 million, Floodgate invests in a diverse array of industries including Software, Media, Education, BioTech, Business Solutions, FinTech and Financial Services, Retail and E-Commerce, Sales, Marketing, Entertainment, Sports, HealthTech, Fitness, Blockchain, Cryptocurrency, Gaming, eSports, Advertising, Cloud Services, Infrastructure, Developer Tools, Future Of Work, Medical Devices, Hospital Services, Messaging, Aerospace, Defense, DeepTech, Healthcare, Wellness, Nanotechnology, Online Social, and Consumer products. They are particularly interested in companies that are prime movers in automating the intelligent enterprise, especially in the domains of network and software monitoring, HR, supply chain, and consumer marketplaces with high user engagement. They look for investments where they can contribute between $100,000 to $5,000,000, with a sweet spot around $2,600,000 for funding. Floodgate steers clear from businesses focusing on e-commerce, retail, or ad optimization. This focused approach has established Floodgate as a significant player in the venture capital ecosystem, providing not just capital but also strategic support to help startups break patterns and scale. Floodgate has dubbed themselves "Your First True Believers," emphasizing their commitment to support extraordinary founders from the pre-seed to seed stage of their business journey.