About Floating Point Group
Floating Point Group is a Financial Services company based in Hoboken (United States) founded in 2018 by John Peurifoy, Kevin March, and Van Phu. Blockchain investments are managed by the firm. Floating Point Group has raised $12 million across 2 funding rounds from investors including Coinbase, Tribe Capital and Anthony Scaramucci. Its focus areas include FinTech, Cryptocurrencies, Investment Industry and Online Trading Platforms. Its legal entity is FPG Inc. Its competitors include Coinbase, Kraken and CoinList; 3 of its 3 listed competitors have raised funding.
Company details
Floating Point Group was founded in 2018 in Hoboken, United States, as a blockchain investment firm. Operations focus on identifying and funding blockchain-related ventures. Co-founders John Peurifoy, Kevin March, and Van Phu lead the organization. Services include strategic investments in emerging blockchain technologies and projects. The firm operates within the financial technology sector, targeting opportunities in decentralized systems and digital assets across global markets.
- Headquarters Hoboken, United States
- Founders John Peurifoy, Kevin March, Van Phu
- SectorsFinancial Services
- Website floating.group
- Social LinkedIn
- Legal Name Fpg Inc.
- Total Equity Funding$12M (USD)
in 2 rounds
- Latest Funding Round$10M (USD), Series A
Sep 2021
- InvestorsCoinbase
& 9 more
Funding Insights of Floating Point Group
Floating Point Group has successfully raised a total of $12M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $12M
- Total Rounds 2
- Last Round Series A — $10M
- First Round $2M
(May 2020)
- Investors Count 10
All 2 funding rounds of Floating Point Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | $10M | Series A | – | – | |
| May 2020 | $2M | Seed | – | SGM |
10 investors in total: 7 institutional and 3 angel.
Investors in Floating Point Group
Floating Point Group has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Coinbase, Tribe Capital and Anthony Scaramucci.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in global seed and early-stage startups. | 2018 | tribecap.co | Menlo Park, United States | |
Venture capital funding and acceleration are provided to sector-agnostic startups. | borderlesscapital.io | Miami, United States | ||
| formulateventures.com | ||||
| capitalx.vc | ||||
| fast.xyz | ||||
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | coinbase.com | San Francisco, United States | |
Seabury Global Markets is engaged in providing electronic trading solutions for the financial services industry. | 1996 | seaburyglobalmarkets.com | New York, USA | |
AS Anthony Scaramucci | Founder of SkyBridge Capital, American financier, and active angel investor. | unknown_34dfdc0ebd844564b | ||
NR Naval Ravikant | Angel investor, entrepreneur, founder of AngelList, thought leader in startups | unknown_7de471a1109744128 | ||
SK Steve Kokinos | Angel investor, ex-CEO of Algorand, co-founder of Fuze, active in blockchain | unknown_4c9d5f94571446299 |
Investor details for Floating Point Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Floating Point Group
3 people are tracked at Floating Point Group (3 in leadership).
| Name | Role | Group |
|---|---|---|
John Peurifoy | Co-Founder | Leadership |
Kevin March | Co-Founder | Leadership |
Van Phu | Co-Founder | Leadership |
Complete people profiles for Floating Point Group
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Timeline of Floating Point Group
3 dated milestones of Floating Point Group across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Floating Point Group is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Series A, of $10.0M.
Competitors of Floating Point Group
Floating Point Group has 3 listed competitors in our database, 3 of them funded. They include Coinbase, Kraken and CoinList.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coinbase.com | 2012 | San Francisco, United States | $546.62M | 3,416 | Cryptocurrency trading, storage, and exchange services are offered online. | |
| kraken.com | 2011 | San Francisco, United States | $866.01M | 4 | Provider of an app-based trading and exchange platform for cryptocurrency | |
| coinlist.co | 2017 | San Francisco, United States | $119.2M | 27 | App-based trading platform for cryptocurrency |
Detailed competitors of Floating Point Group
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Top companies in Cryptocurrencies
3 companies that operate in the same segment as Floating Point Group (Cryptocurrencies) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | 1,533 | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 7,025 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 |
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Frequently Asked Questions about Floating Point Group
Floating Point Group was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Floating Point Group is headquartered in Hoboken, United States. It is registered at Hoboken, New Jersey, United States.
Floating Point Group is a funded company, having raised a total of $12M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on May 2020.
Floating Point Group was founded in 2018 in Hoboken, United States, as a blockchain investment firm. Operations focus on identifying and funding blockchain-related ventures. Co-founders John Peurifoy, Kevin March, and Van Phu lead the organization. Services include strategic investments in emerging blockchain technologies and projects. The firm operates within the financial technology sector, targeting opportunities in decentralized systems and digital assets across global markets.
Floating Point Group has 10 investors. Key investors include Coinbase, Tribe Capital, Anthony Scaramucci, CapitalX, and FAST.
Floating Point Group operates through Fpg Inc..