Floodgate Fund
Floodgate Fund is a venture capital firm based in the United States created by Mike Maples Jr. and Ann Miura-Ko. It was originally named Maples Investments, but was renamed Floodgate Fund in March 2010. It is focused on investments in technology companies in Silicon Valley.
Investments
In October 2021, Floodgate raised $146 million for its seventh fund. In previous years, their sixth fund closed at $131 million, their fifth fund closed at $76 million, the fourth fund closed at $75 million and their third fund at $73.5 million.Floodgate has invested in a number of companies including Twitter, Digg, location-based services company Gowalla, professional networking service BranchOut, Chegg, Formstack, Milk Inc., TaskRabbit, self-storage marketplace SpareFoot, and seasteading platform company Blueseed.
As of 2017, they've also invested in Lyft, Refinery29, LabDoor, education startup MissionU, legal discovery startup, TextIQ, Okta and Rappi. Floodgate was also an early investor in Applied Intuition, a software company for autonomous vehicles.