FloatMe - About the company
FloatMe is a series A company based in San Antonio (United States), founded in 2018 by Christopher Brown and Joshua Sanchez. It operates as an Online platform for cash advance loans. FloatMe has raised $20.2M in funding from investors like ManchesterStory Group, Comeback Capital and Foundry. The company has 66 active competitors, including 8 funded and 3 that have exited. Its top competitors include companies like Brigit, Earnin and Beem.
Company Details
Online platform for cash advance loans. It is a direct lender offering cash advance loans to individuals with customized terms, amounts, and repayment options. It uses open banking technology enabling users to connect multiple bank accounts for obtaining expenditure insights.
- Website
- floatme.com
- Email ID
- *****@floatme.io
- Registered Address
- 110 E Houston St. 7th Floor, San Antonio, TX 78205.
Key Metrics
Founded Year
2018
Location
San Antonio, United States
Stage
Series A
Total Funding
$20.2M in 6 rounds
Latest Funding Round
Investors
Ranked
5th among 66 active competitors
Employee Count
47 as on Sep 30, 2026
Legal entities associated with FloatMe
FloatMe is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
FLOATME CORP. CIN: 82-5446368 , United States, Active | Feb 26, 2018 | - | 39 (As on Dec 31, 2021) | - |
FLOATME CORP CIN: 6817985 , United States, Active | Mar 26, 2018 | - | 51 (As on Dec 31, 2022) | - |
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FloatMe's funding and investors
FloatMe has raised a total funding of $20.2M over 6 rounds. Its first funding round was on May 15, 2019. Its latest funding round was a Series A round on Jan 31, 2022 for $*****. 7 investors participated in its latest round. FloatMe has 14 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of FloatMe:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 31, 2022 | 7124578 | Series A | 6490438 | 2721804 | 4811530 | 9031089 |
May 06, 2021 | 4617565 | Conventional Debt | 5729688 | 8357801 | 3993031 | |
Oct 27, 2020 | 7791810 | Seed | 8354944 | 9839699 |
View details of FloatMe's funding rounds and investors
FloatMe's founders and board of directors
Founder? Claim ProfileThe founders of FloatMe are Christopher Brown and Joshua Sanchez. Joshua Sanchez is the CEO of FloatMe.
Here are the details of FloatMe's key team members:
- Christopher Brown: Co-Founder & CTO of FloatMe and founder of 1 other company.
- Joshua Sanchez: Co-Founder & CEO of FloatMe and founder of 1 other company.
View details of FloatMe's Founder profiles and Board Members
FloatMe's employee count trend
FloatMe has 47 employees as of Sep 26. Here is FloatMe's employee count trend over the years:
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FloatMe's Competitors and alternates
Top competitors of FloatMe include Brigit, Earnin and Beem. Here is the list of Top 10 competitors of FloatMe, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Brigit 2017, New York City (United States), Acquired | Mobile application offereing loans | $38M | 75/100 | |
2nd | Earnin 2012, Palo Alto (United States), Series C | Provider of a platform for accessing earned wages and financial tools | $190M | 73/100 | |
3rd | Beem 2006, San Francisco (United States), Seed | Cash advance app for emergencies | $7M | 63/100 | |
4th | Ualett 2018, Wilmington (United States), Funding Raised | Provider of financial tools and cash advance services for independent workers | - | 57/100 | |
5th | FloatMe 2018, San Antonio (United States), Series A | Online platform for cash advance loans | $20.2M | 55/100 | |
6th | Vola Finance 2017, Newark (United States), Series A | Developer of an online lending platform | $3.5M | 50/100 | |
7th | Empower 2016, San Francisco (United States), Series B | Financial technology empowering potential with cash advances, credit lines, and credit cards | $174M | 50/100 | |
8th | Fig Loans 2014, Sugar Land (United States), Seed | Offers installment loans as a payday loan alternative | $4.73M | 45/100 | |
9th | Dorothy 2020, Philadelphia (United States), Seed | Online marketplace for cash advances focused on disaster occurrence | $150K | 40/100 | |
10th | Plain Green Loans 2011, Great Falls (United States), Unfunded | Online lender of payday loans | - | - | 30/100 |
Looking for more details on FloatMe's competitors? Click here to see the top ones
FloatMe's Investments and acquisitions
FloatMe has made no investments or acquisitions yet.
Reports related to FloatMe
Here is the latest report on FloatMe's sector:
News related to FloatMe
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Alexandria Real Estate Equities, Inc. Announces Pricing Of Upsized Public Offering Of 7,000,000 Shares Of Common StockPR Newswire•Jan 05, 2022•Alexandria, FloatMe, BofA Securities, Citi and 17 others
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