Emerging and High Growth Companies

Float Financial in its $85-million Series C financing Float Financial in its $85-million Series C financing

Float Financial
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Ryan Unruch

Partner, Emerging and High Growth Companies, Toronto

Ben C. C. Miller

Associate, Emerging and High Growth Companies, Vancouver

Bryan Salazar

Associate, Emerging and High Growth Companies, Toronto

Emma Runzer-Boucher

Associate, Emerging and High Growth Companies, Toronto

On June 24, 2026, Float Financial announced that it raised $85 million in an all-equity Series C financing led by Inovia Capital. The financing saw continued participation from Goldman Sachs Alternatives and Garage Capital, along with new investment from BDC Capital and Northleaf Capital Partners. The financing will support Float in advancing Float Intelligence, expanding across Western Canada and Québec and increasing its talent density through strategic hiring.

Float is a Toronto-based fintech company providing financial services and software for Canadian businesses.

Its platform includes corporate cards, expense management, bill payments and business accounts. Osler, Hoskin & Harcourt LLP advised Float Financial with a team consisting of Chad Bayne, Ryan Unruch, Ben Miller, Bryan Salazar Roldan and Emma Runzer-Boucher (Emerging and High Growth Companies).

Value
85 million
Date Announced
June 24, 2026
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Ryan Unruch

Partner, Emerging and High Growth Companies, Toronto

Ben C. C. Miller

Associate, Emerging and High Growth Companies, Vancouver

Bryan Salazar

Associate, Emerging and High Growth Companies, Toronto

Emma Runzer-Boucher

Associate, Emerging and High Growth Companies, Toronto