When was Float founded?

Float was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Float located?

Float is headquartered in Toronto, Canada.

Who is the current CEO of Float?

Rob Khazzam of Float. They have also founded 1 company.

How many employees does Float have?

As of May 31, 2026, the latest employee count at Float is 196.

Is Float a funded company?

Float is a funded company, having raised a total of $78.8M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 15, 2021.

When was the latest funding round of Float?

Float's latest funding was a $***** Conventional Debt round on Jan 26, 2026, with participation from 1 investor.

Where does Float rank among its competitors?

Float ranks 40th amongst 2782 active competitors, of which 199 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Float, which secured $73M in Jan, 2026.

Who are the top competitors of Float?

Float's top competitors include Intuit, Vyapar and Pennylane. Among them, Float secured the most recent funding round in January, 2026.

Float - 2026 Company Profile, Team, Funding & Competitors

Company Details

Streamlining business expenses and financial management. The company offers corporate cards, bill payment solutions, and expense management software. The platform automates bookkeeping, provides real-time spending insights, and ensures robust security. It also includes high-yield accounts to optimize cash flow. The integrated system simplifies financial processes, allowing businesses to focus on growth. Customer support is readily available through various channels.

Website: floatfinancial.com
Social
Email ID: *****@floatfinancial.com
Phone Number: +1 **********

Key Metrics

Founded Year

2019

Location

Toronto, Canada

Stage

Series B

Total Funding

$78.8M in 4 rounds

Latest Funding Round

Conventional Debt, Jan 26, 2026, $*****

Investors

Goldman Sachs & 18 more

Ranked

40^th among 2782 active competitors

Employee Count

196 as on May 31, 2026

Similar Companies

Intuit & 3482 more

View Float's full profile

Float has raised a total funding of $78.8M over 4 rounds. Its first funding round was on Nov 15, 2021. Its latest funding round was a Conventional Debt round on Jan 26, 2026 for $*****. 1 investor participated in its latest round. Float has 10 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Float:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 26, 2026	4874124	Conventional Debt	8896936	5908033	6345132	2971193
Jan 13, 2025	2677211	Series B	3586343	9667611	8449825	OMERS & 3 more
Feb 2024	7811752	Conventional Debt	9275267	7355077	3250808	8437441

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View details of Float's funding rounds and investors

The founders of Float are Ruslan Nikolaev, Griffin Keglevich and Rob Khazzam. Rob Khazzam is the CEO of Float.

Here are the details of Float's key team members:

Ruslan Nikolaev: Co-Founder of Float.
Griffin Keglevich: Co-Founder of Float.
Contact Info: 1 email address
Rob Khazzam: Co-Founder& CEO of Float.
Contact Info: 1 email address

View details of Float's Founder profiles and Board Members

Float's employee count trend

Float has 196 employees as of May 26. Here is Float's employee count trend over the years:

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Top competitors of Float include Intuit, Vyapar and Pennylane. Here is the list of Top 10 competitors of Float, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Intuit 1983, Mountain View (United States), Public	Provider of financial, accounting, tax preparation, and marketing automation software	-	Europa, Morgenthaler & 25 others	83/100
2nd	Vyapar 2017, Bengaluru (India), Series B	Provider of GST billing, inventory, and accounting software for small businesses	$35.9M	WestBridge Capital, India Quotient & 14 others	80/100
3rd	Pennylane 2020, Cherbourg en Cotentin (France), Series E	App & cloud-based accounting and financial management solutions for businesses	$442M	Sequoia Capital, DST Global & 8 others	77/100
4th	ContaAzul 2012, Joinville (Brazil), Acquired	Online accounting and invoicing solutions for SMBs	$40.9M	Ribbit Capital, 500 Global & 5 others	77/100
5th	FreeAgent 2007, Edinburgh (United Kingdom), Acquired	Cloud-based accounting software for small businesses, freelancers, and accountants	$21.9M	Iris Software, SM TRUST & 23 others	76/100
6th	Xero 2006, Wellington (New Zealand), Public	Provider of accounting software and related tools for business management	-	Hurlingham Partners, Sparkbox Venture Group ... & 9 others	75/100
7th	Wave 2010, Toronto (Canada), Acquired	Web-based accounting software for businesses	$82.4M	CRV, BDC & 20 others	74/100
8th	Sage 1981, Newcastle Upon Tyne (United Kingdom), Public	Provider of cloud-based enterprise software solutions for accounting, finance, and people management	-	91Springboard, Itz Cash Card & 45 others	72/100
9th	Digits 1995, San Francisco (United States), Acquired	SMS based customer authentication and verification service	$97.5M	SoftBank Vision Fund, Google Ventures & 23 others	69/100
10th	Denim 2014, New York City (United States), Acquired	Provider of financial technology solutions for freight businesses	$67.9M	Anthemis Group, Techstars & 18 others	68/100
40th	Float 2019, Toronto (Canada), Series B	Streamlining business expenses and financial management	$78.8M	Teralys Capital, Goldman Sachs & 17 others	61/100