# Float financial

**Source:** https://www.startuphub.ai/startups/float-financial
**Profile type:** Startup

> A Canadian business finance platform offering corporate cards, expense management, and high-yield accounts.

## About

Float Financial is a Canadian fintech company offering a modern business expense management platform and corporate cards. It provides solutions like bill payments, reimbursements, and financial services, including business accounts with up to 4% interest, to help Canadian businesses grow. Float serves finance teams across various roles and industries by simplifying spend management and automating bookkeeping.

## Key facts

- **Slug:** float-financial
- **Website:** https://www.floatfinancial.com/
- **Location:** Toronto, Canada
- **Founded:** 2020-01-01
- **Employees:** 193
- **Operating status:** Active
- **Total funding:** $159M
- **Sectors / tags:** Fintech, Payments, Corporate Cards, Expense Management, Business Finance, SaaS, Accounting Automation
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/floatfinancial

## Frequently asked

### What does Float financial do?

Float Financial is a Canadian fintech company offering a modern business expense management platform and corporate cards. It provides solutions like bill payments, reimbursements, and financial services, including business accounts with up to 4% interest, to help Canadian businesses grow. Float serves finance teams across various roles and industries by simplifying spend management and automating bookkeeping.

### What is Float financial's revenue?

StartupHub estimates Float financial's annual revenue at $35.2M (range $19.0M to $104.5M, 63% confidence), based on comparable companies in the sector.

### What is Float financial's valuation?

StartupHub estimates Float financial's effective valuation at $629.9M (range $396.3M to $951.0M, 24% confidence), based on comparable companies in the sector.

### How much funding has Float financial raised?

Float financial has raised a total of $159M in funding. The most recent round on record is Series C.

### Where is Float financial headquartered?

Float financial is headquartered in Toronto, Canada.

### When was Float financial founded?

Float financial was founded in 2020.

### What industry does Float financial operate in?

Float financial operates in Fintech, Payments, Corporate Cards, Expense Management, Business Finance, SaaS.

### How many employees does Float financial have?

Float financial has approximately 193 people on record.

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