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Float Financial Solutions

Float Financial Solutions

Private
Toronto, OntarioFinTechwww.floatcard.com

Last Round

Series B

Jan 13, 2025

Est. Valuation

$150M

Total Funding Raised

$116.8M

Company Overview

Float (Toronto) is a financial technology company that offers an automated expense management platform for handling corporate cards, personal reimbursements, approvals, and invoices.

Sector

FinTech

Verticals

Accounting & Expense, Digital Payments, Corporate Banking, Workflow Automation, Foreign Exchange

Business Model

B2B

Customer Profile

Payment Processing Fee, Subscription SaaS, Freemium

AI Layer

Non-AI

Keywords

spend management platformcorporate cardsCanadian fintechexpense managementSMB financeaccounting automationspend controlbill payAP automationvirtual cardsFinOps platformexpense reimbursementNetSuite integrationbusiness bankingforeign exchangeFX serviceshigh-yield account

Historical Pricing

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Caplight Momentum Score

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Float Financial Solutions Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Float Financial Solutions Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series BJan 13, 2025
DebtFeb 13, 2024
Series ANov 3, 2021
SeedJul 13, 2021

Key People

Founding team and executive leadership

Camille Dziewurski PMP® CSM®

Business Ops - Office Of The CEO

Executive Team

Rob Khazzam

Co-Founder CEO

Founding Team

Float Financial Solutions Investors

Notable investors and investment history

InvestorRounds
Roach CapitalSeed
Global Founders CapitalSeries A, Seed
WeCommerce HoldingsSeed, Series A
Garage CapitalSeries B, Series A, Seed
Goldman Sachs Growth EquitySeries B
FJ LabsSeries B
OMERS VenturesSeries B

Market signals

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  • Apr 3, 2025

    Launched a new foreign exchange solution to reduce costs.

Float Financial Solutions Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Float Financial Solutions Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Float Financial Solutions's valuation, stock price, and market status.

Firmographic Details

HeadquartersToronto, Ontario
Employee Range176
Year Founded2020
Last FundingJan 13, 2025

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.