FloatMe

San Antonio, United States Founded: 2018 • Age: 8 yrs
Online platform for cash advance loans
Annual revenue - Latest available
Total funding $20.2M 6 rounds
Employees - Tracked headcount
Investors 14 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About FloatMe

FloatMe is a company based in San Antonio (United States) founded in 2018 by Caleb Scott, Christopher Brown, Ryan Cleary, and Joshua Sanchez. FloatMe has raised $20.18 million across 6 funding rounds from investors including Foundry, ManchesterStory Group and Active Capital. FloatMe operates in a competitive market with competitors including Fig Loans, Youtap, Card Center Direct, Better Financial Corporation and Mr Lender, among others.

  • Headquarter San Antonio, United States
  • Founders Caleb Scott, Christopher Brown, Ryan Cleary, Joshua Sanchez
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $20.18 M (USD)

    in 6 rounds

  • Latest Funding Round
    $16.2 M (USD), Series A

    Jan 31, 2022

  • Investors
    Foundry

    & 13 more

  • Employee Count
    Not available
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People of FloatMe

Headcount 50-200
Employee Profiles 28
Employee Profiles
People
Trey Fischer
VP of Technology
People
Rodrigo Marin
VP of Finance
People
Jessica E. Krane
VP, People
People
Joshua Sanchez
Co-Founder, CEO

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Funding Insights of FloatMe

FloatMe has successfully raised a total of $20.18M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $16.2 million completed in January 2022. 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.

Investors in FloatMe

FloatMe has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Foundry, ManchesterStory Group and Active Capital.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital is invested in early-stage tech startups.
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Venture capital fund investing in early-stage tech startups
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Investor details for FloatMe

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by FloatMe

Investments
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Investment portfolio details for FloatMe

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  • Portfolio identities
  • Transaction dates
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Financial Statements - FloatMe

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Detailed financials for FloatMe

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  • Profit trends
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Floatme Comparisons

FloatMe Primary company
Description
Online platform for cash advance loans
Location
San Antonio, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for FloatMe

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of FloatMe

FloatMe operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fig Loans, Youtap, Card Center Direct, Better Financial Corporation and Mr Lender, among others.

Company Name Domain Founded year HQ Location Description
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Short-term loans of $300 to $750 are extended to individuals.
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Full-stack mobile payment solutions are provided for contactless tap-and-pay services.
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Digital platform for online banking, card management, and app-based financial services.
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Online platform for instant cash advancesand credit building
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Operates as a payday lender providing short-term loans.
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Detailed competitors of FloatMe

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Latest news on Floatme

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Complete news archive for FloatMe

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about FloatMe

FloatMe was founded in 2018 and raised its 1st funding round 1 year after it was founded.

FloatMe is headquartered in San Antonio, United States. It is registered at San Antonio, Texas, United States.

Joshua Sanchez is the current CEO of FloatMe. They have also founded this company.

FloatMe is a funded company, having raised a total of $20.18M across 6 funding rounds to date.

FloatMe was founded in 2018 and is based in San Antonio, United States. An online platform is operated as a direct lender in the fintech sector, where cash advance loans are provided to individuals. Customized terms, amounts, and repayment options are available. Open banking technology is utilized to connect multiple bank accounts and deliver expenditure insights.

FloatMe's top competitors include Fig Loans, Better Financial Corporation and Youtap.

FloatMe has 14 investors. Key investors include Foundry, ManchesterStory Group, Active Capital, Jordan Wright, and Michal Cieplinski.

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