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Data Center News > Blog > Investments > Float Financial Raises $70M in Funding
Investments

Float Financial Raises $70M in Funding

Last updated: January 13, 2025 2:40 pm
Published January 13, 2025
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Float Financial, a Toronto, Canada-based supplier of a enterprise finance platform for Canadian companies, raised $70M in funding.

The spherical was led by Development Fairness at Goldman Sachs Alternate options, with participation from OMERS Ventures, FJ Labs, Teralys and present investor Storage Capital.

The corporate intends to make use of the funds to to additional broaden its product suite, rent expertise and increase its management within the Canadian market.

Led by CEO Rob Khazzam, Float is full enterprise finance for Canadian corporations offeirng fashionable monetary companies, software program and assist designed for each firm and stage of development. Its built-in merchandise, together with company playing cards, invoice pay, expense administration and high-yield accounts, give finance groups all the things they should handle spending and money movement effectively.

FinSMEs

13/01/2025

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See also  Phase Four Holds First Closing of Series C Funding
TAGGED: 70m, Financial, Float, Funding, Raises
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