Tech Company Financing Transactions
Float Financial Funding Round
Float Financial secured a $59.5 million Series C financing round on 6/25/2026. Investors included iNovia Capital, BDC Capital and Garage Capital.
Transaction Overview
Company Name
Announced On
6/25/2026
Transaction Type
Venture Equity
Amount
$59,500,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to advance Float Intelligence, its proprietary AI layer, expand across Western Canada and Quebec, and increase its team density through strategic hiring.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
119 Spadina Avenue 1000
Toronto, ON, M5V 2L1
Canada
Toronto, ON, M5V 2L1
Canada
Phone
Website
Email Address
Not Recorded
Overview
Float is on a mission to simplify business finance in Canada. Simplify and save with Cards, Bill Pay, and Reimbursements powered by the smartest business finance platform for Canadian teams. Learn why thousands of Canadian businesses use and love Float to manage their business spend.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rob Khazzam
Chief Financial Officer
Brendan White
Chief Technical Officer
Bhavin Shah
Co-Founder
Griffin Keglevich
Co-Founder
Ruslan Nikolaev
VP - Engineering
Dave Freiman
VP - Human Resources
Meghan Smith
VP - Marketing
Nina Angelo
VP - Operations
Andrew Dale
VP - Sales
Josh Ruff
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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