FLOATING POINT ADVISORS LLC
FLOATING POINT ADVISORS LLC is a Pre-seed, Seed and Series A fund in the US investing in AI, Climate, Fintech, Healthcare, logistics, finance, defense, manufacturing, specialty-insurance, private-credit, supply-chain, semiconductor, hospitality and business-productivity.
- Stages
- Pre-seed, Seed, Series A
- Sectors
- AI, Climate, Fintech, Healthcare, logistics, finance, defense, manufacturing, specialty-insurance, private-credit, supply-chain, semiconductor, hospitality, business-productivity
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2021
- Assets under management
- $150M+
- Website
- floating.vc
Check size not disclosed
Thesis
Floating Point Advisors LLC is an early-stage venture capital firm founded in 2021, operating out of Boston and New York. The firm's investment thesis focuses on identifying and backing "first of their kind" companies that are rebuilding operating systems for complex and often overlooked sectors. They aim to build massive businesses by embracing complexity and investing in areas where traditional venture capital strategies may not be a fit. Floating Point targets companies at the pre-seed, seed, seed-plus, and Series A stages, with a primary geographic scope of North America. Their strategy involves a concentrated portfolio, providing patient capital and strategic support. They seek to invest in capital-intensive startups in sectors such as healthcare, logistics, finance, energy, climate, defense, manufacturing, specialty insurance, and biotech, contrasting with a trend of flooding capital into capital-light models. As of April 2024, the firm has closed its second fund at $70 million and manages over $150 million in assets across its funds.
Common questions
Does FLOATING POINT ADVISORS LLC invest at the Pre-seed stage?
Yes. FLOATING POINT ADVISORS LLC lists Pre-seed, Seed and Series A among the stages it invests in.
Where does FLOATING POINT ADVISORS LLC invest?
FLOATING POINT ADVISORS LLC invests in the US.