Floating Point
Floating Point is an early-stage venture capital firm (Boston and New York, founded 2019) that invests concentrated seed and Series A capital in complex, regulated sectors — healthcare, logistics, finance, energy, and defense — backed by operator-led partners from Oscar Health, DoorDash, and Facebook AI.
- Company typePrivate
- Founded2019
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Floating Point does
Floating Point is an early-stage venture capital firm headquartered in Boston and New York (operating as Floating Point Advisors LLC), founded in 2019 by Edward Segel and John Loser — both founding-team members of Oscar Health. The firm invests in seed and Series A startups building "first-of-their-kind" businesses in complex, regulated sectors including healthcare, logistics, finance, energy, and defense, explicitly positioning itself against pattern-matching-driven software investing. The core team comprises two General Partner co-founders, an Executive Assistant, and a bench of venture partners and advisors drawn from Oscar Health (Jesse Horowitz, CPO), DoorDash (Evan Moore, co-founder), Facebook AI Research (Serkan Piantino, co-founder), Reddit, Datavant, the Centers for Medicare & Medicaid Services (Vinod Mitta, MD), and The Pritzker Organization (Jason Pritzker). The firm maintains a concentrated portfolio of more than 40 companies — including Oscar Health, Altana, Commons Clinic, Setpoint, Ataraxis, Floodbase, Mevo, Cofactr, and Nevoya — and regularly co-invests with tier-one venture and strategic firms such as Google Ventures, a16z, Founders Fund, General Catalyst, NEA, Bain Capital Ventures, RA Capital, Lowercarbon Capital, Fifth Wall, BoxGroup, USIT, Matrix Partners, and Prosus.
Floating Point's business model follows standard venture economics: it raises capital from limited partners, charges management fees on committed capital during the investment period, and earns carried interest (typically 20%) on profits above a hurdle rate upon successful exits. Deal sourcing is concentrated through founder-network referrals, advisor and venture-partner introductions, and direct outreach in complex sectors; the firm operates without a public marketing funnel. Its go-to-market is therefore a classic high-touch, concentrated-portfolio VC model differentiated by sector depth and operator-led portfolio support rather than by volume or platform tooling.
In 2025–2026 the firm has continued to deploy capital across its core verticals, including co-investments in Nevoya's $9.3M seed round (July 2025), QuoteWell's $12M round (October 2025), and Mevo's $18M Brazil-focused digital prescription round led by Prosus (March 2026), alongside continued participation in later-stage rounds such as Altana's $200M Series C. The firm's geographic footprint is primarily Northeast US-based with selective international exposure (notably Brazil), and its technological footprint is investment-platform centric rather than product-centric — no proprietary AI models, APIs, or software products were disclosed in the source data.
Floating Point firmographics
Firmographics- Name
- Floating Point
- Legal name
- Floating Point Advisors LLC
- Website
- https://floating.vc
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Floating Point is an early-stage venture capital firm (Boston and New York, founded 2019) that invests concentrated seed and Series A capital in complex, regulated sectors — healthcare, logistics, finance, energy, and defense — backed by operator-led partners from Oscar Health, DoorDash, and Facebook AI.
- Ownership category
- akta.pro rank
Where Floating Point is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Floating Point business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Management Fees: Standard VC management fees charged on committed capital during the investment period.
- Carried Interest: Performance-based carried interest from successful portfolio company exits, typically 20% of profits above the hurdle rate.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Floating Point product offering
Product offeringCore offering
Floating Point is an early-stage venture capital firm that invests patient seed and Series A capital into startups building first-of-their-kind businesses in complex sectors including healthcare, logistics, finance, energy, and defense. The firm operates a concentrated portfolio model, acting as a creative long-term partner alongside founders rather than a passive financial investor. Its revenue is generated through management fees on committed capital and carried interest on portfolio company exits.
Differentiator
Problem solved
Functional benefit
Companies that use Floating Point
Customer profileSegments1 record
Ideal customer profiles2 records
Floating Point technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Floating Point partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights5 records
Floating Point competitors and assessment
Company assessmentBroad incumbents
- Bain Capital Ventures: Multi-stage venture capital arm of Bain Capital with enterprise and fintech focus. Co-invested with Floating Point in Cofactr; broader stage range and sector mandate.
- General Catalyst: Multi-stage venture capital firm with significant healthcare and complex-sectors focus. Co-invested with Floating Point in Oscar Health; broader portfolio and substantially more capital under management.
- Founders Fund: Multi-stage venture capital firm investing in transformative and ambitious companies. Co-invested with Floating Point in Oscar Health and Ataraxis, sharing an appetite for complex, deep-tech bets.
- a16z: Major venture capital firm investing across stages and sectors. Co-invested with Floating Point in Setpoint and Firefly Health; orders of magnitude larger AUM and broader mandate.
- Thrive Capital: Large venture firm investing in internet, software, and complex sectors. Co-invested with Floating Point in Oscar Health; substantially larger fund size and broader stage range.
- First Round Capital: Early-stage venture capital firm with a large seed portfolio. Co-invested with Floating Point in RenewaFi and Odin; similar stage focus but materially larger team and AUM.
Direct peers
- BoxGroup: Early-stage seed VC firm based in New York. Direct peer given similar stage focus, NYC presence, and direct co-investment history with Floating Point in companies like RenewaFi and TimberEye.
- Founder Collective: Seed-stage venture capital firm investing across consumer, enterprise, and frontier tech. Comparable given shared early-stage focus and operator-driven approach, though Founder Collective's portfolio spans a wider sector range.
- Lerer Hippeau: Early-stage venture capital firm based in New York. Comparable given shared stage focus, NYC base, and emphasis on concentrated portfolio support for founders in complex consumer and enterprise markets.
- Lowercarbon Capital: Venture firm focused on climate and energy investments. Direct thematic peer to Floating Point's complex-sectors thesis; co-invested with Floating Point in Floodbase and Nevoya.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Floating Point financial estimates
Financial estimateRevenue estimate
Valuation estimate
Floating Point leadership team
Management profileNumber of profiles
Profiles9 records
Floating Point funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Floating Point M&A and investment
M&A and investmentM&A
Investments58 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Floating Point
What does Floating Point do?
Floating Point is an early-stage venture capital firm that invests patient seed and Series A capital into startups building first-of-their-kind businesses in complex sectors including healthcare, logistics, finance, energy, and defense. The firm operates a concentrated portfolio model, acting as a creative long-term partner alongside founders rather than a passive financial investor. Its revenue is generated through management fees on committed capital and carried interest on portfolio company exits.
Is Floating Point a public or private company?
Floating Point is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Floating Point founded?
Floating Point was founded in 2019. It employs 1 to 10 people.
Where is Floating Point based?
Floating Point is headquartered in New York, United States, in the North America region.
How does Floating Point make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are carried Interest.
Who are Floating Point's main competitors?
Broad incumbents on record are Bain Capital Ventures, General Catalyst, Founders Fund, a16z, Thrive Capital and First Round Capital. Direct peers are BoxGroup, Founder Collective, Lerer Hippeau and Lowercarbon Capital.
Does Floating Point have an API?
No public API is recorded for Floating Point.