# Floating Point

> Floating Point is an early-stage venture firm founded in 2021 by two ex-Oscar Health and Bridgewater operators, John Loser and Eddie Segel. It backs founders rebuilding the plumbing of complex, regulated industries - healthcare, insurance, logistics, energy, climate and finance - the sectors most software-first VCs avoid. The firm closed a $70M second fund in April 2024, runs a deliberately concentrated portfolio, and describes its approach in two words: embrace complexity.

- **Founded:** 2021
- **Headquarters:** Boston and New York, United States
- **Founders:** John Loser (Co-founder and General Partner), Edward (Eddie) Segel (Co-founder and General Partner)
- **Team size:** ~11 (2 general partners, operations staff, and ~6 venture partners plus an advisor)
- **Products:** Early-stage venture capital, Fund I, Fund II, Hands-on company building
- **Notable:** Raised two funds and surpassed $150M+ in assets under management within roughly three years of founding., Closed a $70M Fund II in April 2024 dedicated to complex sectors., Built a concentrated portfolio of ~40+ companies spanning healthcare, climate, insurance, logistics and finance, including Altana, Setpoint, Floodbase, Ataraxis and Firefly.

## Products & services

- **Early-stage venture capital** — Pre-seed, seed, seed-plus and Series A investments in founders building in complex sectors, deployed from institutional funds.
- **Fund I** — The firm's first fund, an estimated ~$80M vehicle used to build the initial portfolio across healthcare, logistics, insurance and climate.
- **Fund II** — A $70M second fund closed in April 2024 to continue investing in complex sectors, bringing total AUM above $150M.
- **Hands-on company building** — A deliberately concentrated portfolio model where partners commit substantial time to each founder, backed by a bench of operator venture partners.

## Achievements

- Raised two funds and surpassed $150M+ in assets under management within roughly three years of founding.
- Closed a $70M Fund II in April 2024 dedicated to complex sectors.
- Built a concentrated portfolio of ~40+ companies spanning healthcare, climate, insurance, logistics and finance, including Altana, Setpoint, Floodbase, Ataraxis and Firefly.
- Assembled a venture-partner bench that includes founders of DoorDash and Facebook AI Research.

## Latest updates

- **2024-04** — Floating Point closed its second fund at $70M to invest in complex sectors, pushing total AUM above $150M.

## Links

- Website: https://floating.vc
- LinkedIn: https://www.linkedin.com/company/floatingpointpartners

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Profile page: https://yespress.io/floating-point
Published by YesPress — https://yespress.io
Last updated: 2026-08-15