Float offers a unified platform for Canadian businesses that includes high-limit corporate cards in CAD and USD, automated expense management, next-day bill payments, high-yield business accounts, working capital credit, and cross-border payments built for Canada’s regulatory and bilingual requirements. The company serves more than 7,500 Canadian businesses and reports that since its Series B it has doubled its active customer base, grown revenue over 120%, and seen business account balances rise more than 4.5x. Volumes across five products are up over 100%, and nearly a third of customers now use more than one product. Float operates with a roughly 170-person team and says revenue per employee has increased about 50%. The company is advancing Float Intelligence, its proprietary AI layer, and is using recent funding to expand geographically and increase hiring.

Total raised

$252M

Funding rounds

7

Latest round

Series C

Latest activity

Jun 2026