About Floating Point
Floating Point is a venture capital firm founded in 2019. It is primarily based out of New York City, United States. As of Mar 2026, Floating Point is an active investor, having invested in 45 companies, with 3 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to HealthTech and High Tech. Most recently it participated in the $***** Series C round of Mevo Overall, Floating Point portfolio has seen 2 unicorns, 1 IPO and 6 acquisitions including key companies like Oscar, Helium and Altana Technologies. A lot of funds co-invest with Floating Point, with names like Alumni Ventures sharing a substantial percentage of its portfolio. Floating Point has team of 8 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
Floating Point's List of Top Investments
Floating Point has a portfolio of 45 companies, including 2 unicorns. Their most notable investments are in Vend Park and Bonside.Their portfolio spans across United States, Brazil, Canada and 1 more locations. They have invested in Enterprise Applications, HealthTech, High Tech and 20 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Floating Point:1. Oscar
Provider of health insurance plans offering virtual and in-person medical care. The organization facilitates access to prescription medications and virtual urgent care services. It offers resources such as a care team and a network of doctors. The entity provides options for individuals, families, and businesses seeking health coverage.
Key facts about Oscar
- Founded Year: 2012
- Location: New York City (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $1.63B
- Employee Count: 2,780 as on Jul 31, 2026
- Investors: Western Technology Investment, Glynn Capital and 47 Others
- Latest Funding Round: Series D, Dec 17, 2020, $*****
- Highlight: Public
2. Setpoint
Provider of software for managing debt facilities and securitized products. This technology automates borrowing base calculations, reporting workflows, and collateral management for lenders and borrowers. The platform facilitates the tracking of loan-level data and supports the underwriting of credit lines. It provides tools for forecasting portfolio performance and managing funding operations within capital markets.
Key facts about Setpoint
- Founded Year: 2021
- Location: Austin (United States)
- Stage: Series B
- Total Funding till date: $94.8M
- Employee Count: 164 as on Jul 31, 2026
- Investors: Wild Basin Investments, Fifth Wall and 16 Others
- Latest Funding Round: Series B, Aug 13, 2024, $*****
- Highlight: Editors' Pick
3. Helium
Hardware mining solutions for cryptocurrency. It connects low-powered machines to a single gateway and sends encrypted data through to the internet. It also provides rewards for users to connect time machines and gateways. It also raised equity funding from some of the most prominent venture capital firms.
Key facts about Helium
- Founded Year: 2006
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $370M
- Employee Count: 127 as on May 31, 2026
- Investors: Liberty Global, Tiger Global Management and 52 Others
- Latest Funding Round: Series D, Feb 18, 2022, $*****
- Highlight: Editors' Pick
Network of product information empowering supply chain partners and governments. It facilitates efficient, resilient, and secure supply chains for businesses. It also enables governments to ensure security, manage borders, and promote economic growth. The network automates trade information and processes. It helps businesses improve efficiency and empowers regulators to identify tariff evasion and enforce policy. It also helps businesses collaborate to remediate risks and prove compliance for cross border trade.
Key facts about Altana Technologies
- Founded Year: 2018
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $343M
- Employee Count: 302 as on Jun 30, 2026
- Investors: Generation Investment Management, Salesforce Ventures and 18 Others
- Latest Funding Round: Series C, Jul 15, 2024, $*****
- Highlight: Editors' Pick
5. Oula Health
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Key facts about Oula Health
- Founded Year: 2019
- Location: Brooklyn (United States)
- Stage: Series B
- Total Funding till date: $50.7M
- Employee Count: 148 as on Jun 30, 2026
- Investors: Maverick Ventures, Google Ventures and 20 Others
- Latest Funding Round: Series B, Feb 20, 2024, $*****
Floating Point's Year-on-Year Investment Trends
Floating Point has invested in 45 companies over the last 6 years, with an average of 4 new investments annually in the last 5 years. In 2025, it made 8 investments, while as of Mar 2026, it has made 3 investments in this year. Its most recent first time investment was in CloudCruise and most recent follow-on round was in Mevo.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 1 | 3 |
2025 | 4 | 4 | 8 |
2024 | 4 | 2 | 6 |
2023 | 6 | 1 | 7 |
2022 | 5 | 3 | 8 |
2021 | 3 | 1 | 4 |
2020 | 1 | 0 | 1 |
Floating Point's Investments by Stage
Floating Point has made 11 investments in Seed stage with an average round size of $7.17M, 10 investments in Series A stage with an average round size of $14.1M, 3 investments in Series B stage with an average round size of $35.9M and 1 investment in Series C stage with an average round size of $65M.Stage of entry | No. of Investments |
|---|---|
Seed | 11 |
Series A | 10 |
Series B | 3 |
Series C | 1 |
Note: We have considered here, only first round of investments
Floating Point's Investments by Sector
Floating Point has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, HealthTech, Vertical SaaS and FinTech. Notably, it has invested in 36 Tech companies, 27 Enterprise (B2B) companies, 24 Software companies and at least 15 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 11 |
Consumer | 6 |
HealthTech | 6 |
Vertical SaaS | 5 |
FinTech | 4 |
Others | 29 |
Note: We have considered here, only first round of investments
Floating Point's Investments by Geography
Floating Point has made most investments in United States (22), followed by Brazil where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 22 |
Brazil | 2 |
Norway | 1 |
Note: We have considered here, only first round of investments
Floating Point's recent investments
Floating Point has made 3 investments in 2026 so far. Mevo and CloudCruise are the latest among them.Here are the most recent investments by Floating Point:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 30, 2026 | Brazil | Series C | 8769 | [+2] | |
Mar 19, 2026 | United States | Seed | 9515 | ||
Mar 09, 2026 | United States | Series A | 5600 | [+6] | |
Oct 08, 2025 | United States | Series A | 7656 | ||
Sep 17, 2025 | United States | Seed | 2966 | [+6] |
Unicorns in Floating Point's Portfolio
Floating Point has 2 unicorns in its portfolio - Altana Technologies and Helium. The most recent unicorn in their portfolio is Altana Technologies. It became a unicorn in 2024, 3 years after Floating Point first invested in it.Here is a list of unicorns in Floating Point's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Network of product information empowering supply chain partners and governments | 2018 | New York City | Series C | pikcsvg | ||
66 | Hardware mining solutions for cryptocurrency | 2006 | San Francisco | Series D | n{jlbhc |
IPOs and Publicly Listed companies in Floating Point's Portfolio
1 of Floating Point's portfolio company became public - Oscar. It got listed on the New York Stock Exchange (NYSE), in Mar 2021 at marketcap of $7.92BHere are Floating Point's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 03, 2021 | - | - | 9163 |
Acquired companies in Floating Point's Portfolio
6 companies from Floating Point's portfolio have been acquired. The most recent acquisition was Firefly Health in Jul 2026 by Included Health for $*****.Here are Floating Point's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 28, 2026 | - | - | 1944 | |
Jun 11, 2026 | - | - | 5857 | |
Feb 24, 2025 | Mar 29, 2022 | Seed | 6981 | |
Sep 21, 2023 | - | - | 7987 | |
Jan 18, 2022 | - | - | 9677 |
Team profile of Floating Point
Floating Point has a team of 8 members including 2 Partners, 3 Venture Partners and 1 Principal located in United States. Floating Point's team does not sit on the board of any company as of now.Here is a list of all team members in Floating Point:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | - | ||
Partner | - | - | - | |
Venture Partner | San Francisco | - | - | |
Venture Partner | New York City | - | - | |
Venture Partner | New York City | - | - | |
Principal | - | - | - |
Co-investors of Floating Point
Over the past 6 years, 231 investors have co-invested in Floating Point's portfolio companies. This includes funds and angels.
- Invested before Floating Point: NextView Ventures, Broom Ventures and 54 others have invested in rounds before Floating Point. There are 2 companies where NextView Ventures has invested before Floating Point and 2 companies where Broom Ventures has invested before Floating Point.
- Top Co-investors of Floating Point: 115 investors entered a company along with Floating Point. These include investors like Alumni Ventures (3 companies).
- Invested after Floating Point: A total of 60 investors have invested in Floating Point's portfolio after their investments. Top Investors include Alumni Ventures (2 companies), Healthier Capital (2 companies) and Usitfund (1 company).
Recent News related to Floating Point
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Vend Park Secures $17.5M in Series A FundingMassinvestor•Nov 13, 2025•Vend Park, Nuveen, Blue Heron Capital, PagsGroup and 5 others
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QuoteWell Raises Additional $12M in FundingFinSMEs•Oct 08, 2025•QuoteWell, Floating Point, Goldcrest, Clocktower Ventures and 6 others
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Catena Raises $5M in Seed FundingFinSMEs•Sep 19, 2025•Catenaclearing, Shaper Capital, Blue Moon Fund, Floating Point and 7 others
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Elion Raises $9.3M in Seed FundingFinSMEs•Aug 06, 2025•Scrub Capital, Cedars Sinai Health Ventures, Elion, Alumni Ventures and 6 others
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Ataraxis AI to Transform Precision Medicine in Cancer Care with $20.4 Million Series ABusiness Wire•Mar 06, 2025•Ataraxis, AIX Ventures, Floating Point, Founders Fund and 3 others
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Ataraxis AI raised $20M to personalize treatmentTechCrunch+•Mar 06, 2025•Ataraxis, AIX Ventures, Thiel Capital, Founders Fund and 7 others
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Workhelix, which helps companies better understand and monitor AI automation, raises $15M in Series A fundingStartup Log•Feb 28, 2025•Workhelix, AIX Ventures, Andrew Alliance, Accenture Ventures and 11 others
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Cofactr: Supply Chain Management Platform Raises $17 Million (Series A)Pulse 2.0•Dec 15, 2024•Cofactr, Bain Capital, Y Combinator, Floating Point and 2 others
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Cofactr Raises $17M in Series A FundingFinSMEs•Dec 12, 2024•Cofactr, Bain Capital, Y Combinator, Floating Point and 5 others
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Cofactr raises money to enhance supply chain and logistics platformSpaceNews•Dec 12, 2024•Cofactr, Y Combinator, Bain Capital, Floating Point
