Float Financial, a Toronto, Canada-based provider of a business finance platform for Canadian businesses, raised $70M in funding.
The round was led by Growth Equity at Goldman Sachs Alternatives, with participation from OMERS Ventures, FJ Labs, Teralys and existing investor Garage Capital.
The company intends to use the funds to to further broaden its product suite, hire talent and expand its leadership in the Canadian market.
Led by CEO Rob Khazzam, Float is complete business finance for Canadian companies offeirng modern financial services, software and support designed for every company and stage of growth. Its integrated products, including corporate cards, bill pay, expense management and high-yield accounts, give finance teams everything they need to manage spending and cash flow efficiently.
FinSMEs
13/01/2025