On July 13, 2021, Float announced it had completed a $5 million financing consisting of a $4 million equity round co-led by Susa Ventures and Golden Ventures and $1 million in debt financing from Silicon Valley Bank. The funding will be used to invest in product development, hiring and growth.
Float, formerly Journal, is a Toronto-based FinTech company specializing in providing solutions for corporate credit cards. Float’s Visa-issued cards integrate with corporate bank accounts to automatically maintain the desired balance on corporate cards.
Osler, Hoskin & Harcourt LLP advised Float with a team consisting of Chad Bayne, Kosta Starostin, Jennifer Humphrey and Bryan Salazar (Emerging and High Growth Companies).
Key Contact
Partner, Emerging and High Growth Companies, Toronto
Team
Associate, Emerging and High Growth Companies, Toronto
Associate, Emerging and High Growth Companies, Toronto
