· investment-strategies · 1 min read
Floodgate Leads EFEX Seed, Joins Counsel Health Series A
Floodgate led a seed round for fintech EFEX and joined Counsel Health’s $25M Series A, staying active across AI and fintech seeds.
Floodgate stayed active across AI and fintech seeds, leading EFEX’s seed round (financial software) and joining Counsel Health’s $25M Series A.
Key facts
- Investor: Floodgate (lead on EFEX; participant in Counsel Health)
- EFEX: Seed round led by Floodgate (early 2026)
- Counsel Health: $25M Series A (Oct 2025)
- Firm: Micro-VC pioneer; $150K-$1M typical checks
Why this matters
The deals show Floodgate continuing to write early checks across fintech and AI-native healthcare, consistent with its bridge-between-angels-and-VC model.
Sources
- Floodgate / EFEX & Counsel Health (CB Insights): https://www.cbinsights.com/investor/floodgate
- Floodgate portfolio (Caplight): https://www.caplight.com/investor/floodgate