When was FloBiz founded?

FloBiz was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is FloBiz located?

FloBiz is headquartered in Bengaluru, India.

Who is the current CEO of FloBiz?

Rakesh Yadav and Rakesh Yadav s of FloBiz. Rakesh Yadav has also founded 2 companies and is angel investors in 5 startups, including myBillBook and EOS Pulse.

Which legal entities is FloBiz associated with?

FloBiz is associated with METALOOP INNOVATION LABS PTE. LTD and 1 other.

How many employees does FloBiz have?

As of Aug 31, 2025, the latest employee count at FloBiz is 339.

Is FloBiz a funded company?

FloBiz is a funded company, having raised a total of $44M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2019.

How much is FloBiz worth?

The latest valuation of FloBiz is $***** as of Oct 05, 2021.

When was the latest funding round of FloBiz?

FloBiz's latest funding was a $***** Series B round on Apr 19, 2021, with participation from 16 investors.

What is the annual revenue of FloBiz?

Annual revenue of FloBiz is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does FloBiz rank among its competitors?

FloBiz ranks 47th amongst 2305 active competitors, of which 147 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Zenskar, which secured $15M in Apr, 2026.

Who are the top competitors of FloBiz?

FloBiz's top competitors include Bill, Zuora and Nomba. Among them, Zenskar secured the most recent funding round in April, 2026.

FloBiz - 2026 Company Profile, Team, Funding, Competitors & Financials

FloBiz is a series B company based in Bengaluru (India), founded in 2019 by Rahul Raj, Rakesh Yadav, Rakesh Yadav and Aditya Naik. It operates as a Provider of mobile-first billing and accounting solutions for SMBs. FloBiz has raised $44M in funding from investors like Elevation Capital, Peak XV Partners and Think Investments, with a current valuation of $*****. The company has 2305 active competitors, including 147 funded and 115 that have exited. Its top competitors include companies like Bill, Zuora and Nomba.

Company Details

Provider of mobile-first billing and accounting solutions for SMBs. It develops digital products to accelerate the growth of small and medium businesses through digitization. The flagship product offers a complete GST billing and accounting solution, enabling invoice creation, inventory management, performance analysis, payment reminders, and customizable business cards. Solutions are designed with an intuitive interface, powerful features, and advanced security, catering to various business types.

Website: flobiz.in
Social
Email ID: *****@flobiz.in
Phone Number: +91 **********

Key Metrics

Founded Year

2019

Location

Bengaluru, India

Stage

Series B

Total Funding

$44M in 3 rounds

Latest Funding Round

Series B, Apr 19, 2021, $*****

Post Money Valuation

$***** as on Oct 05, 2021

Investors

Elevation Capital & 30 more

Ranked

47^th among 2305 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

339 as on Aug 31, 2025

Similar Companies

Billtrust & 1914 more

View FloBiz's full profile

FloBiz is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
METALOOP INNOVATION LABS PTE. LTD CIN: 201823852Z , Singapore, Active	Jul 11, 2018	$1M - $10M (As on Mar 31, 2024)	-
VALOREM STACK PRIVATE LIMITED CIN: U72900KA2019PTC124476 , India, Active	May 21, 2019	₹10 - ₹50 Cr (As on Mar 31, 2025)	339 (As on Aug 31, 2025)

FloBiz has raised a total funding of $44M over 3 rounds. Its first funding round was on 2019. Its latest funding round was a Series B round on Apr 19, 2021 for $*****. 16 investors participated in its latest round. FloBiz has 15 institutional investors and 16 angel investors.

Here is the list of recent funding rounds of FloBiz:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 19, 2021	4049285	Series B	1958304	2946338	3274201	1452023
Nov 11, 2020	1524931	Series A	8124331	7865102	2068034	Greenoaks & 1 more
2019	2013	Seed	1293	9822	Vaibhav Karnavat & 3 more	7597

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View details of FloBiz's funding rounds and investors

The founders of FloBiz are Rahul Raj, Rakesh Yadav, Rakesh Yadav and Aditya Naik. Rakesh Yadav and Rakesh Yadav are the CEOs of FloBiz.

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

Rahul Raj: Former Co-Founder of FloBiz and founder of 3 other companies, EOS Pulse, myBillBook and Koinex. They are also an angel investor in 3 startups and serve on the boards of 3 companies.
Contact Info: 2 email addresses
Rakesh Yadav: Co-Founder & CEO of FloBiz and founder of 4 other companies, including myBillBook, EOS Pulse and Koinex. They are also an angel investor in 5 startups and serve on the boards of 2 companies.
Contact Info: 1 email address
Rakesh Yadav: Founder & CEO of FloBiz and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address
Aditya Naik: Founder of FloBiz and founder of 2 other companies, myBillBook and Koinex. They serve on the board of 1 company.
Contact Info: 2 email addresses

FloBiz's Board of Directors

FloBiz's board has 2 active members. Rahul Raj and Rakesh Yadav are part of team.

Here is the list of FloBiz's board of directors:

Name	Type	Representing	Status	Duration
Rahul Raj	Team	-	Current	7y 2m
Rakesh Yadav	Team	-	Current	7y 2m

View details of FloBiz's Founder profiles and Board Members

FloBiz's employee count trend

FloBiz has 339 employees as of Aug 25. Here is FloBiz's employee count trend over the years:

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Top competitors of FloBiz include Bill, Zuora and Nomba. Here is the list of Top 10 competitors of FloBiz, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bill 2006, San Jose (United States), Public	Provider of accounts payable, accounts receivable, and spend management solutions	$326M	August Capital, Icon Ventures & 28 others	81/100
2nd	Zuora 2007, Redwood City (United States), Acquired	Cloud-based invoice and subscription management solutions for businesses	$243M	Northgate Capital, Tenaya Capital & 28 others	77/100
3rd	Nomba 2016, Lagos (Nigeria), Series B	App-based payment acceptance solutions for SMBs	$42.7M	Y Combinator, Partech Partners & 12 others	75/100
4th	Melio 2018, New York City (United States), Acquired	Provider of accounts payable and receivable solutions for businesses	$654M	Coatue, Thrive Capital & 24 others	75/100
5th	Paymentus 2004, Atlanta (United States), Public	Provider of a platform for intelligent billing and payment solutions	$23.6M	Accel-KKR, HTIF & 2 others	73/100
6th	Billtrust 2001, Hamilton Township (United States), Acquired	Invoice and payment management solutions for small businesses	$105M	Riverwood Capital, Stock Capital Banker & 7 others	69/100
7th	Routable 2016, San Francisco (United States), Series B	Provider of accounts payable automation, vendor management, and payment solutions	$47.7M	Y Combinator, BoxGroup & 23 others	66/100
8th	Lili 2018, New York City (United States), Series B	Digital bank for freelancers	$80M	Group 11, Foundation Capital & 12 others	66/100
9th	Xifin 1997, San Diego (United States), Acquired	Cloud-based billing & revenue cycle management solutions for diagnostic service providers	$6M	Windward Ventures, Enterprise Partners Venture Capital ... & 5 others	63/100
10th	Zenskar 2022, New York City (United States), Series A	Provider of automated billing revenue recognition and usage metering software	$21.5M	Bessemer Venture Partners, SIG Venture Capital ... & 7 others	63/100
47th	FloBiz 2019, Bengaluru (India), Series B	Provider of mobile-first billing and accounting solutions for SMBs	$44M	Elevation Capital, Greenoaks & 29 others	51/100

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Founders own 33.33%, Funds own 0.01% and Other People (largest shareholder) own 66.66%. The net worth of FloBiz's founders is INR 5.09Cr as of Apr 19, 2021.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	33.33%	5.09Cr	2086212	4852964	6202748	6254948
Rakesh Yadav	7314253	7849319	2604449	9238223	8019599	8201985
Fund	0.01%	21.6K	0	0	0	0
Elevation Capital	0	0	0	0	0	0
Greenoaks	0	0	0	0	0	0
Other People	66.66%	10.2Cr	9308396	5727117	2739894	7030517
Total	100.00%	15.3Cr	7510141	9673571	3467487	8584034