The era of software commoditization has given way to “vibe coding,” a development approach that embeds artificial intelligence and technology across every aspect of legacy industries. This method focuses on reconstructing traditional sectors like logistics, health care and financial services with natively integrated software solutions to drive efficiency, resilience and new economic models.

John Loser, co-founder and former founding team member at Oscar Health, brings operational and investment expertise to Floating Point Capital. His prior role helping Oscar Health scale from inception to IPO and tenure at Bridgewater Associates inform the fund’s focus on applying technology to reshape complex businesses.

Floating Point Capital launched its first fund in early 2021 to back early-stage founders developing full-stack, AI-driven business models. The firm seeks startups embedding technology at the core of operations in sectors often overlooked by mega AI investors, avoiding direct competition with large players advancing foundational AI platforms.

Approximately 33% of the fund’s capital is allocated to logistics ventures, reflecting confidence in FreightTech transformation. The collapse of crypto, NFT and metaverse hype in 2023 and 2024 has refocused the venture landscape on startups with measurable revenue models and tangible real-world applications.