Investments
412Portfolio Exits
103Funds
8About Floodgate
Floodgate is a Super Angel firm led by Mike Maples Jr, who is known for his early investments in Digg and Twitter. Floodgate aims to offer a fundraising approach that bridges the gap between initial seed money from traditional angel investors and the larger rounds that characterize traditional venture capital rounds. Floodgate focuses on investments between $150,000 to $1,000,000 and generally invests alongside other angels or venture capital firms. From an industry perspective, Floodgate seeks technology ventures in the following areas: hardware, software, small business, enterprise, Internet, B2B and consumer markets. Floodgate seeks to invest in firms that are geographically based in the San Francisco Bay Area (California) or in Austin, Texas.
Expert Collections containing Floodgate
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Floodgate in 2 Expert Collections, including Direct-To-Consumer Brands (Non-Food).
Direct-To-Consumer Brands (Non-Food)
37 items
Startups selling their own branded products directly to consumers via online/mobile channels, rather than relying on department stores or big online marketplaces.
Education Technology (Edtech)
58 items
Research containing Floodgate
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Floodgate in 1 CB Insights research brief, most recently on May 29, 2024.
May 29, 2024
483 startup failure post-mortemsLatest Floodgate News
Aug 29, 2025
Silicon Legal represented Floodgate as they led Bluejay’s $4 million Seed round. Bluejay is an AI agent-testing startup. In addition to Floodgate, the round included investments from Y Combinator, Peak XV, Homebrew, and several individual investors. Silicon Legal’s Floodgate client team includes Sarah Boulden, Ian Peck, Andre Gharakhanian, John Koerper, and Robert Moore.
Floodgate Investments
412 Investments
Floodgate has made 412 investments. Their latest investment was in Bluejay as part of their Seed VC - II on August 27, 2025.
Floodgate Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
8/27/2025 | Seed VC - II | Bluejay | $4M | Yes | Homebrew, Peak XV Partners, Undisclosed Angel Investors, Undisclosed Venture Investors, and Y Combinator | 3 |
4/30/2025 | Series A | Replenysh | $8M | No | Anchor List, Incite Ventures, Kindred Ventures, M13, and Undisclosed Angel Investors | 4 |
4/8/2025 | Seed VC | Plug | $6.7M | Yes | A* Capital, Autotech Ventures, Cleo Capital, John Kett, Leap Forward Ventures, ODF, Renn Global, Simon Rothman, Toba Capital, and Yossi Levi | 3 |
3/24/2025 | Seed VC | |||||
2/13/2025 | Series A |
Date | 8/27/2025 | 4/30/2025 | 4/8/2025 | 3/24/2025 | 2/13/2025 |
|---|---|---|---|---|---|
Round | Seed VC - II | Series A | Seed VC | Seed VC | Series A |
Company | Bluejay | Replenysh | Plug | ||
Amount | $4M | $8M | $6.7M | ||
New? | Yes | No | Yes | ||
Co-Investors | Homebrew, Peak XV Partners, Undisclosed Angel Investors, Undisclosed Venture Investors, and Y Combinator | Anchor List, Incite Ventures, Kindred Ventures, M13, and Undisclosed Angel Investors | A* Capital, Autotech Ventures, Cleo Capital, John Kett, Leap Forward Ventures, ODF, Renn Global, Simon Rothman, Toba Capital, and Yossi Levi | ||
Sources | 3 | 4 | 3 |
Floodgate Portfolio Exits
103 Portfolio Exits
Floodgate has 103 portfolio exits. Their latest portfolio exit was Merlin Labs on August 14, 2025.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
8/14/2025 | Acq - Pending | Bleichroeder Acquisition | 4 | ||
7/30/2025 | Acquired | 5 | |||
7/8/2025 | Acquired | 2 | |||
Date | 8/14/2025 | 7/30/2025 | 7/8/2025 | ||
|---|---|---|---|---|---|
Exit | Acq - Pending | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | Bleichroeder Acquisition | ||||
Sources | 4 | 5 | 2 |
Floodgate Fund History
8 Fund Histories
Floodgate has 8 funds, including Floodgate Associates VI.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
3/24/2017 | Floodgate Associates VI | $1M | 1 | ||
2/28/2017 | Floodgate Fund VI | ||||
8/29/2014 | Floodgate Fund V | ||||
12/23/2012 | Floodgate Associates III | ||||
7/27/2012 | Floodgate Fund IV |
Closing Date | 3/24/2017 | 2/28/2017 | 8/29/2014 | 12/23/2012 | 7/27/2012 |
|---|---|---|---|---|---|
Fund | Floodgate Associates VI | Floodgate Fund VI | Floodgate Fund V | Floodgate Associates III | Floodgate Fund IV |
Fund Type | |||||
Status | |||||
Amount | $1M | ||||
Sources | 1 |
Floodgate Team
2 Team Members
Floodgate has 2 team members, including current Founding Partner, Mike Maples, Jr..
Name | Work History | Title | Status |
|---|---|---|---|
Mike Maples, Jr. | Alcatel Submarine Networks, Tivoli Systems, and SGI | Founding Partner | Current |
Name | Mike Maples, Jr. | |
|---|---|---|
Work History | Alcatel Submarine Networks, Tivoli Systems, and SGI | |
Title | Founding Partner | |
Status | Current |
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