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Float
AddedMar 17, 2024
UpdatedJul 2, 2026
Float

Float

Seed

Unlock capital for consumer brands with supply chain finance. Pay suppliers upfront, pay for inventory later.

Founded
2021
Accelerator
Y Combinator logoY CombinatorS21
Overview
Compare
Fundraising
Employees
News
Website

Float, founded with the mission to revolutionize supply chain finance for consumer brands, aims to unlock capital tied up in inventory. By paying supplier invoices upfront and allowing brands to pay for inventory after sales, Float helps businesses grow faster without incurring debt or dilution. The company offers a streamlined process where brands can access up to $2M in funding by syncing their accounts and receiving competitive trade limits based on their annual revenue.

Notable investors and affiliated individuals include prominent venture capital firms and industry experts who have recognized Float's potential to transform supply chain finance. Key achievements include securing significant funding rounds and successfully enabling numerous fast-growing consumer brands to scale efficiently. Float's impact is evident in its ability to provide immediate financial flexibility, thereby fostering growth and innovation within the consumer goods market.

Float - Quick Facts

When was Float founded?

Float was founded in 2021.

When was Float's last funding round?

Float's most recent funding round was for $125k (USD) in January 2021.

How much has Float raised to-date?

As of Jan 1, 2021, Float has raised a total of $125k (USD).

How many employees does Float have?

Float has 2 employees as of Aug 23, 2023.

Float - Classification

Ownership
  • Equity
  • Venture Capital
Technology
  • FinTech
Geographic Exposure
  • Global
Revenue
  • Recurring
Customer
  • Enterprise
  • Small Business
Main Product
  • Supply Chain Finance
Tags
  • Financial
  • SaaS