---
title: "Floodgate Leads EFEX Seed, Joins Counsel Health Series A"
description: "Floodgate led a seed round for fintech EFEX and joined Counsel Health’s $25M Series A, staying active across AI and fintech seeds."
date: 2026-02-18T00:00:00.000Z
tags: ["floodgate", "seed-investing", "fintech", "artificial-intelligence", "startup-funding"]
source: https://venturecapitaltracker.com/2026-floodgate-efex-counsel-health
---

# 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

1. Floodgate / EFEX & Counsel Health (CB Insights): https://www.cbinsights.com/investor/floodgate
2. Floodgate portfolio (Caplight): https://www.caplight.com/investor/floodgate