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 Aug 31, 2026, the latest employee count at Float is 200.

Is Float a funded company?

Float is a funded company, having raised a total of $139M across 5 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 $***** Series C round on Jun 25, 2026, with participation from 6 investors. Its primary sector is Finance & Accounting Tech. In Canada, the Finance & Accounting Tech sector has seen $146M in funding in 2026 to date.

Where does Float rank among its competitors?

Float ranks 28th amongst 2919 active competitors, of which 236 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Float, which secured $59.7M in Jun, 2026.

Who are the top competitors of Float?

Float's top competitors include Ramp, Intuit and Sage. Among them, Float secured the most recent funding round in June, 2026.

Float - 2026 Company Profile, Team, Funding & Competitors

Float is a series C company based in Toronto (Canada), founded in 2019 by Ruslan Nikolaev, Griffin Keglevich and Rob Khazzam. It operates as a Streamlining business expenses and financial management. Float has raised $139M in funding from Goldman Sachs and Inovia Capital. The company has 2919 active competitors, including 236 funded and 179 that have exited. Its top competitors include companies like Ramp, Intuit and Sage.

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 C

Total Funding

$139M in 5 rounds

Latest Funding Round

Series C, Jun 25, 2026, $*****

Investors

Goldman Sachs & 21 more

Ranked

28^th among 2919 active competitors

Employee Count

200 as on Aug 31, 2026

Similar Companies

Intuit & 3137 more

View Float's full profile

Float has raised a total funding of $139M over 5 rounds. Its first funding round was on Nov 15, 2021. Its latest funding round was a Series C round on Jun 25, 2026 for $*****. 6 investors participated in its latest round. Float has 13 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Float:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 25, 2026	6759627	Series C	2387355	7682548	4862128	2063112
Jan 26, 2026	2773169	Conventional Debt	2190675	5162521	3721487	SVB
Jan 13, 2025	8081078	Series B	5676698	8527527	Goldman Sachs	OMERS & 3 more

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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 200 employees as of Aug 26. Here is Float's employee count trend over the years:

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Top competitors of Float include Ramp, Intuit and Sage. 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	Ramp 2019, New York City (United States), Series F	Provider of a platform for spend management, corporate cards, and payables	$3.22B	Founders Fund, Coatue & 73 others	84/100
2nd	Intuit 1983, Mountain View (United States), Public	Provider of financial, accounting, tax preparation, and marketing automation software	-	Europa, Hillsven & 25 others	83/100
3rd	Sage 1981, Newcastle Upon Tyne (United Kingdom), Public	Provider of cloud-based enterprise software solutions for accounting, finance, and people management	-	Angel List, 91Springboard & 47 others	78/100
4th	Deltek 1983, Herndon (United States), Acquired	Cloud based enterprise resource planning software provider for multi industries	$107M	Star Ventures, Prospect Capital & 3 others	77/100
5th	Pennylane 2020, Paris (France), Series E	Cloud-based financial management and accounting software platform	$442M	DST Global, Sequoia Capital & 9 others	77/100
6th	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
7th	ContaAzul 2012, Joinville (Brazil), Acquired	Online accounting and invoicing solutions for SMBs	$40.9M	Ribbit Capital, 500 Global & 5 others	76/100
8th	Xero 2006, Wellington (New Zealand), Public	Provider of accounting software and related tools for business management	-	Matrix, Hurlingham Partners & 9 others	75/100
9th	Wave 2010, Toronto (Canada), Acquired	Web-based accounting software for businesses	$82.4M	BDC, CRV & 20 others	74/100
10th	MYOB 1991, Cremorne (Australia), Acquired	Developer of business management software including accounting and payroll solutions	-	CVC, VantEdge Partners & 3 others	70/100
28th	Float 2019, Toronto (Canada), Series C	Streamlining business expenses and financial management	$139M	Goldman Sachs, Teralys Capital & 20 others	62/100