# FPG

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fpg

- Industry: Financial Services
- Headquarters: Hoboken, US
- Website: www.floating.group
- Total disclosed funding: $12M
- Latest round: Series A (Sep 15, 2021)
- Investors on record: 9

## About

FPG Inc. is a technology company focused on developing innovative digital solutions that enhance user engagement and operational efficiency across various sectors, including finance, healthcare, and technology.Founded in 2018 by John Peurifoy, Kevin March, and Van Phu, FPG Inc. operates from Hoboken, US, and specializes in providing digital software solutions. The company has completed a total of 4 deals, with its most recent deal occurring on September 15, 2021. FPG Inc. raised USD 10.000 mn in a Series A funding round, attracting investments from Borderless Capital, CapitalX, Coinbase Ventures, FAST by GETTYLAB, Formula Ventures, and Tribe Capital. This funding round brought the total amount raised by the company to USD 10.000 mn.Floating Group specializes in innovative digital solutions designed to enhance user engagement and streamline operational efficiency across various sectors. Their core offerings include a suite of cloud-based software tools that facilitate seamless communication, project management, and data analytics. These products are tailored to meet the specific needs of businesses in the technology, finance, and healthcare industries, enabling clients to optimize workflows and drive productivity. The company's solutions have been deployed in North America and Europe, serving a diverse range of clients, from small startups to large enterprises, seeking to leverage technology for improved service delivery and decision-making processes. FPG Inc.'s commitment to continuous improvement is reflected in regular software updates and customer feedback-driven enhancements, ensuring that they remain responsive to market demands.FPG Inc. generates revenue primarily through subscription-based models for its software products, which provide ongoing access to updates and support services. Clients typically enter into annual or multi-year agreements, ensuring predictable revenue streams for the company. Business transactions are structured around direct-to-consumer sales, allowing end users to access the products online while also providing tailored enterprise solutions for larger organizations. Pricing plans are designed to cater to different user needs, offering tiered options based on features and user capacity, thus accommodating a wide spectrum of client budgets. The flagship products underscore the company's dedication to delivering high-quality, reliable solutions that foster customer loyalty and satisfaction.FPG Inc. plans to use the USD 10.000 mn raised in Series A funding to grow its existing US-based software engineering staff and expand into new markets. The company aims to design and launch new products that will enhance its service offerings. Specific targeted markets for expansion include additional regions in North America and Europe, with plans to initiate these expansions in the coming years.

## Funding rounds

- Series A, Sep 15, 2021, $10M — Formula Ventures, Coinbase Ventures, Tribe Capital, Borderless Capital, CapitalX, FAST by GETTYLAB
- Seed, May 28, 2020, $2M — Seabury Capital Management, BoxOne Ventures, PIF Capital Management

## Investors

- Seabury Capital Management (https://capitalatlas.ai/funds/seabury-capital-management) — Seed
- BoxOne Ventures (https://capitalatlas.ai/funds/boxone-ventures) — Seed
- PIF Capital Management (https://capitalatlas.ai/funds/pif-capital-management) — Seed
- Formula Ventures (https://capitalatlas.ai/funds/formula-ventures) — Series A
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series A
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Series A
- Borderless Capital (https://capitalatlas.ai/funds/borderless-capital) — Series A
- CapitalX (https://capitalatlas.ai/funds/capitalx) — Series A
- FAST by GETTYLAB (https://capitalatlas.ai/funds/fast-by-gettylab) — Series A