About Float
Float is a Technology company based in Toronto (Canada) founded in 2019 by Griffin Keglevich, Rob Khazzam, and Ruslan Nikolaev. Business expenses and financial management are streamlined through integrated tools. It operates on a FinTech and SaaS (Software-as-a-Service) model. Float has raised $108.54 million across 4 funding rounds from investors including Goldman Sachs, FJ Labs and OMERS Ventures. Its chief executive, as recorded, is Rob Khazzam. Its website floatfinancial.com draws about 93 thousand monthly visits. Float offers products and services including Corporate Cards, Expense Management, Bill Pay, and High Yield Accounts. Its focus areas include Financial Services, FinTech and Expense Management. Its legal entity is Float Financial Solutions Inc. Its competitors include Wave and FreshBooks; 2 of its 2 listed competitors have raised funding.
Company details
Float is engaged in offering financial solutions tailored for Canadian businesses. Services include corporate cards with high limits, expense management software, automated bill payments, and high-yield business accounts. The company operates in the FinTech sector, focusing on simplifying spend management for various industries such as non-profits, hospitality, e-commerce, and digital agencies. Innovative tools and real-time reporting are provided to enhance financial control and efficiency for CFOs, CEOs, and accountants.
- Headquarters Toronto, Canada
- Founders Griffin Keglevich, Rob Khazzam, Ruslan Nikolaev
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website floatfinancial.com
- Social LinkedIn X YouTube
- Legal Name Float Financial Solutions Inc.
- Total Equity Funding$108.54M (USD)
in 4 rounds
- Latest Funding Round$59.74M (USD), Series C
Jun 2026
- InvestorsGoldman Sachs
& 9 more
Products & Services of Float
Float offers a comprehensive portfolio of products and services, including Corporate Cards, Expense Management, Bill Pay, and High Yield Accounts.
High-limit corporate cards are provided for business spending.
Team spending is managed with automated expense software.
Accounts payable processes are automated for efficient payments.
Business accounts are offered with up to 4% interest.
Apps and channels of Float
its YouTube channel Float has 187 subscribers and 30 videos.
Videos from Float
The most watched videos on Float's YouTube channel, Float (187 subscribers). Click a video to play it here.
More on Float.
Funding Insights of Float
Float has successfully raised a total of $108.54M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $59.74 million completed in June 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $108.54M
- Total Rounds 4
- Last Round Series C — $59.74M
- First Round $50M
(Feb 2024)
- Investors Count 10
All 4 funding rounds of Float with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2026 | $59.74M | Series C | – | Inovia Capital | |
| Jan 2026 | $72.97M | Debt – Conventional | – | – | |
| Jan 2025 | $48.8M | Series B | – | Goldman Sachs | |
| Feb 2024 | $50M | Debt – Conventional | – | – | – |
10 investors in total: 10 institutional.
Investors in Float
Float has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, FJ Labs and OMERS Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Early-stage technology-driven companies are targeted for venture capital investments. | omersventures.com | Toronto, Canada | ||
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors | 2007 | fjlabs.com | New York, United States | |
Diversified investment management is conducted by Teralys Capital. | teralyscapital.com | Montreal, Canada | ||
Seed-stage investments are made by Garage Capital across multiple sectors. | garage.vc | Kitchener, Canada | ||
| inovia.vc | ||||
| northleafcapital.com | ||||
| svb.com | ||||
| firstcitizens.com | ||||
| bdc.ca |
Investor details for Float
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of Float
33 people are tracked at Float (7 in leadership, 26 in team).
| Name | Role | Group |
|---|---|---|
Griffin Keglevich | Co-Founder | Leadership |
Rob Khazzam | Co-Founder& CEO | Leadership |
Ruslan Nikolaev | Co-Founder | Leadership |
Brendan White | Head Of Finance | Leadership |
Sarah Klaassen | Senior Director, Growth Marketing | Leadership |
Liz Boag | Head Of Sales | Leadership |
Gill MacPherson | Senior Account Director | Leadership |
Joseph Magisano | Strategy & Operations Manager | Team |
Argentina Nitsopoulos | Risk And Compliance Manager | Team |
Jennifer McNamee | Senior Finance & Accounting Manager | Team |
Sheena Li | Product Support Specialist | Team |
Jayaditya K. | Senior Compliance & Business Operations Specialist | Team |
Noam Kehimkar | Account Manager | Team |
Ioana Aiordachioaie | Account Executive | Team |
Galina Kashkina | Revenue Operations | Team |
Shaheen Hussain | Team Lead - Credit Underwriting & Portfolio Management | Team |
Steven Sazant | Senior Strategic Account Executive | Team |
Eytan Yanev | Strategy And Product Operations Manager | Team |
Christopher Schmitz | Associate Gm, Credit Products | Team |
George B. | Account Executive | Team |
13 more people are available in the full profile.
Complete people profiles for Float
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Float
3 dated milestones of Float across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Float is founded.
- Funding First funding round of $50.0M.
- Funding Latest funding round, Series C, of $59.7M.
Competitors of Float
Float has 2 listed competitors in our database, 2 of them funded. They include Wave and FreshBooks.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| waveapps.com | 2010 | Toronto, Canada | $82.4M | Web-based accounting software is offered for business use. | ||
| freshbooks.com | 2003 | Toronto, Canada | $153.75M | 613 | Cloud-based invoicing and accounting software is offered for businesses. |
Detailed competitors of Float
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Float
The website of Float (floatfinancial.com) receives about 92.6K visits a month.
- Monthly visits92.6K
▲ 32.1% vs previous month
Websites whose visitors overlap most with Float. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| td.com | 100% | 43.2M | #717 | View details | |
| rbcroyalbank.com | 100% | 22.1M | #3,396 | View details | |
| bmo.com | 95% | 25.2M | #1,494 | View details | |
| wise.com | 88% | 47M | #857 | View details | |
| americanexpress.com | 87% | 107.4M | #276 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Float
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- 40 similar websites
- Audience overlap
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Related news about Float
Complete news archive for Float
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Frequently Asked Questions about Float
Float was founded in 2019 and raised its 1st funding round 5 years after it was founded.
Float is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Rob Khazzam is the CEO of Float, as recorded in our data. They have also founded this company.
Float is a funded company, having raised a total of $108.54M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $50M, raised on Feb 2024.
Float is engaged in offering financial solutions tailored for Canadian businesses. Services include corporate cards with high limits, expense management software, automated bill payments, and high-yield business accounts. The company operates in the FinTech sector, focusing on simplifying spend management for various industries such as non-profits, hospitality, e-commerce, and digital agencies. Innovative tools and real-time reporting are provided to enhance financial control and efficiency for CFOs, CEOs, and accountants.
Float's top competitors include FreshBooks and Wave.
Float offers Corporate Cards, Expense Management, Bill Pay, and High Yield Accounts.
Float has 10 investors. Key investors include Goldman Sachs, FJ Labs, OMERS Ventures, Teralys Capital, and Garage Capital.
Float operates through Float Financial Solutions Inc..