Floodgate Fund

Overview

Floodgate Fund is a venture capital firm based in Menlo Park, California, founded in 2006 by Mike Maples Jr. and Ann Miura-Ko. The firm focuses on early-stage investments in technology companies, particularly in sectors such as consumer services, enterprise software, and other technology domains. Floodgate is known for backing exceptional founders at the inception of their journeys, even when their ideas challenge conventional wisdom. The firm's investment strategy emphasizes partnering with visionary entrepreneurs to create scalable businesses that define new categories. Floodgate's portfolio includes notable companies like Lyft, Okta, Refinery29, Outreach, Chegg, Clover Health, Twitch, Weebly, TaskRabbit, and Rappi. The firm has also invested in Applied Intuition, a software company for autonomous vehicles. Floodgate's approach is characterized by a willingness to embrace high-risk, high-reward opportunities, understanding that groundbreaking innovations often appear unconventional at first. This strategy has led to a diverse portfolio with successful exits and a reputation for identifying and nurturing transformative startups.

Investment Focus

• Exceptional founders with transformative ideas
• Early-stage technology companies
• High-risk, high-reward opportunities
• Early-stage technology companies with high growth potential
• Strong leadership team
• Scalable business model
• Innovative technology solutions
• Strong technological innovation
• Experienced management team
• Clear market differentiation
• Potential for significant growth
• Exceptional founders with bold visions and breakthrough innovations

Portfolio Companies