Edward Segel built Floating Point on a mix of experience—starting as a quantitative investor at Bridgewater, then working in product and business roles on the founding team of Oscar Health—which shapes his focus on regulated, capital-intensive industries where he looks for efficient, software-like growth rather than growth-at-all-costs spending. He's known for being hands-on with hiring decisions, once pushing a founder to bring on a COO earlier than planned and personally advocating for a standout candidate, and he moved back to Boston from New York during COVID with an investing approach centered on helping startups reach break-even and be ready for liquidity, informed by a background spanning philosophy at Harvard, Symbolic Systems at Stanford, and an MBA from Stanford GSB.
About their Fund
Sectors
Health, Logistics, Fintech, Energy, Defense
Rounds
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Notable Investments
Floating Point was built by two people who spent about 15 years working together, first as hedge fund investors at Bridgewater and then on Oscar Health's founding team, and they invest in complex, hard-to-categorize businesses that mix software with real-world operations, regulation, or physical assets, such as orthopedic surgery platforms, timber supply chains, and voting machines. They back founders building these kinds of unusual, complex businesses, including some structures like rollups and a nonprofit, which most early-stage venture firms tend to avoid.
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Popular Investors
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Deeptech / Hardware
Robotics
Biotech
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12
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Unknown
Pre-Seed - Seed
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$400K - $2M
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Defense
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Energy
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7
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Unknown
Pre-Seed - Series A
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7
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Biotech
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2
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Unknown
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$250K - $2M
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Climate
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4
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$400K - $1.5M
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$400K - $2M
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2
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Unknown
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~$750K
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Fintech
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2
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Unknown
$250K-$1M
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