Floating Point Group

About

Floating Point Group is drastically simplifying the operations for investors to deploy cryptocurrency strategies at meaningful scale.

Summit,New Jersey,United States
http://floating.group/

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $10M
Industries: Cryptocurrency,Financial Services,FinTech
Founded date: Jan 1, 2018
Operating Status: Active
Also Known As: FPG

Floating Point Group is a growth-stage MIT-born startup drastically simplifying the backend operations for investors to deploy cryptocurrency-centric strategies at meaningful scale. Regulated both within the U.S. and abroad, they offer a global client base a secure and insured custodial solution with integrations for trading, settlement, staking, and yield-seeking

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$12M

Floating Point Group has raised a total of $12M in funding over 2 rounds. Their latest funding was raised on Sep 15, 2021 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Sep 15, 2021	Series A	$10M	10	—	—	Detail
May 28, 2020	Seed	$2M	4	—	—	Detail
Dec 20, 2019	Pre-seed	—	1	—	—	Detail
Jan 16, 2019	Pre-seed	—	1	—	—	Detail
Sep 8, 2018	Non-Equity Assistant	—	1	MIT delta v	—	Detail

Investments

Number of Investments

Number of Lead Investments

2

0

Floating Point Group has made 2 investments. Their most recent investment was on Nov 30, 2022, when Finery Markets raised $5.50M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Nov 30, 2022 Finery Markets	Seed	$5.50M	Blockchain	—
Aug 31, 2021 ML Tech	Seed	$1.75M	Cryptocurrency	—

Investors

Number of Lead Investors

Number of Investors

1

16

Floating Point Group is funded by 16 investors. MIT delta v and Coinbase Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
MIT delta v	Yes	Non-Equity Assistant
Coinbase Ventures	—	Series A
Borderless Capital	—	Series A
Anthony Scaramucci	—	Series A
CapitalX	—	Series A
Dillon Hattab	—	Series A
FAST — by GETTYLAB	—	Series A
Formula Ventures	—	Series A
Leon Hillmann	—	Series A
Nitesh Banta	—	Series A