Floodgate
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Founded by Mike Maples Jr. and Ann Miura‑Ko, Floodgate is a well-known early-stage VC that focuses on high‑upside “atomic egg” startups. With fund sizes consistently between $70M–$150M, the firm writes modest checks aligned with startup needs, aiming to support founders from idea validation through early traction. Floodgate has a strong track record of seeding breakout companies like Twitter, Twitch, Lyft, and Okta. Their pattern‑breaker investment philosophy underpins their ability to spot disruptive potential where others don’t.
Location:
Palo Alto, California, USA
Fund Size:
Most recent Fund VII raised $146M; prior funds ranged from $73M to $131M
Average Check:
Typically invests $100K–$3M, sometimes up to $10M, focusing on Pre‑Seed and Seed rounds
Stage Focus:
Pre‑Seed to Seed, early-stage technology across AI, consumer, Web3, fintech, and enterprise
Household Brands:
Early investor in Twitter, Twitch, Lyft, Okta, Chegg, Applied Intuition
Contact:
Mike Maples (Partner) Mike@floodgate.com
Iris Choi (Partner) Iris@floodgate.com
