Float
Float is a Canadian fintech that provides corporate cards, bill pay and FX services for finance teams, serving 7,000+ businesses. It has raised $253M, most recently in a 2026 Series C.
The growth story
Float grew from 15 to 197 employees between 2021 and 2026, raising $253M along the way, most recently a Series C in June 2026.
About
Float offers prepaid corporate cards and business payment tools like reimbursements and foreign exchange, targeting finance teams at mid-sized companies. Its products are issued through Peoples Trust Company and funds are CDIC-insured.
The company employs 197 people, with engineering making up its largest department at 44 staff. Its $253M total funding suggests rapid scaling since its 2019 founding.
Founders and leadership
Engineering is Float's largest department with 44 staff. The company has a median tenure of just 1 year, indicating either rapid hiring or turnover.
The Float org chart
Rob Khazzam (Co-Founder & CEO) leads 60 mapped leaders with 6 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 56 (+37% YoY), Sales 18 (-28% YoY), Operations 15 (-21% YoY), Marketing 14 (0% YoY), Finance 12 (+9% YoY), Customer Success and Support 11 (0% YoY).
Talent flow
Float draws heavily from Shopify (19 hires) and Wealthsimple (10), with Waterloo, Queen's and U of T as top feeder schools. Alumni most often move to Wealthsimple (6) and Jobber (4).
Most common previous employers of Float staff: Shopify (19), Wealthsimple (10), Top Hat (7), IBM (7), Wave HQ (7), RBC (6). Former Float employees most often moved to Wealthsimple (6), Jobber (4), Ramp (3), WorkOS (3), Clio (2), Snowflake (2).
Alumni worth knowing
The Float mafia
Float alumni have founded 14 companies including Boosted (49 staff), Multipli.fi (27) and Marble (21), showing strong entrepreneurial spillover from the fintech.
14Tom Taubkin, was Co-Founder and CEO until 2022Bhavesh Praveen, was Product Engineer until 2021Bhavin Shah, was Chief Technology Officer until 2025Alex McIsaac, was Investor until 2022Amy Fisher, was Principal, Strategic Initiatives until 2025Levon Adamyan, was Head of GTM Operations until 2026
Michael Bibla, was Senior Demand Generation Manager until 2023
Zach Davie, was Business Development Representative until 2022
Rob Palumbo, was Growth Consultant until 2025
Adam Dorfman, was Software Developer until 2024
Gabe Michaan, was Enterprise Sales (Canada) until 2024
Ogom O., was Director, Software Engineering until 2017
Ben Morris, was Head Of Engineering until 2023Hiring now
Web traffic
Traffic mix: 54% direct, 26% search, 10% social, 0% paid.
What this company is made of
Most common skills at Float: Leadership (79), Microsoft Office (68), Teamwork (65), Customer Service (59), Microsoft Excel (59), Communication (57), Project Management (55), Team Leadership (47).
Where the team actually sits
Float people are concentrated in Ontario, Canada (95), Greater Toronto Area, Canada (23), Canada (21), British Columbia, Canada (5).
Search footprint
Float attracts about 3,951 organic search visits a month, traffic worth roughly $119K a month if bought through ads. It gained 1,118 ranking keywords and lost 812 in the last period.
What employees say
- Compensation
- 3.80 / 5
- Career opportunities
- 3.60 / 5
- Senior management
- 3.20 / 5
- Work-life balance
- 3.10 / 5
Frequently asked
Float has 197 employees as of September 2026.
Float has raised $253M in total, most recently a Series C round in June 2026.
Float was founded in 2019 by Ruslan Nikolaev, Rob Khazzam, Griffin Keglevich.
Rob Khazzam (Co-Founder & CEO) sits at the top of Float's reporting structure, with 6 direct reports.
The most common previous employers of current Float staff are Shopify (19 people), Wealthsimple (10 people), Top Hat (7 people).
Former Float employees most often move to Wealthsimple (6), Jobber (4), Ramp (3).
At least 14 companies have a founder who previously worked at Float, including Boosted, Multipli.fi, Marble.
Float attracts about 3,951 organic search visits a month, worth roughly $119K a month in equivalent ad spend.
The most common skills among Float staff are Leadership, Microsoft Office, Teamwork, Customer Service, Microsoft Excel.
Float staff are concentrated in Ontario, Canada (95), Greater Toronto Area, Canada (23), Canada (21).
Float has about 56 people in Engineering, up 37% over the past year, as of September 2026.
Float has about 18 people in Sales, down 28% over the past year, as of September 2026.
Computed from 166 current and 156 former Float profiles, as of September 2026. Source: Crustdata.
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