On November 3, 2021, Float announced it had completed its US$30 million Series A financing round led by Tiger Global and including participation from Golden Ventures, Susa Ventures, Michael Hyatt, Tiny Capital, Garage Capital, A-Star, and Global Founders Capital. The proceeds from the all-equity round will be used to roll out new features.
Float is a Toronto-based FinTech company specializing in providing solutions for corporate credit cards.
Osler, Hoskin & Harcourt LLP advised Float with a team consisting of Chad Bayne, Ryan Unruch, Jennifer Humphrey and Dhananjay Ghildyal (Emerging and High Growth Companies).