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Company profile: Float

1.1 - Company Overview

Float Logo

Float

Headquarter: Canada
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of modern financial services and powerful spend management software, including corporate cards, bill pay, expense management, reimbursements, approvals, invoice management, and high-yield accounts, supported by industry-leading service to help finance teams manage spending and cash flow efficiently.

Products and services

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Key contacts

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Financial details

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1.2 - Competitors and similar companies to Float

Prophix Logo

Prophix

HQ: Canada Website
  • Description: Provider of corporate performance management solutions, including Prophix One, a financial performance platform integrating planning, budgeting, forecasting, reporting, and consolidation, plus workflow automation, user management, data integration, financial consolidation, and automated intercompany eliminations.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Prophix company profile →
Declarando Logo

Declarando

HQ: Spain Website
  • Description: Provider of tax consultancy services for the self-employed, helping clients keep accounts, prepare invoices, and present taxes. Founded in 2016 and headquartered in Spain.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Declarando company profile →
ReactorNet Logo

ReactorNet

HQ: United States Website
  • Description: Provider of cloud-based Procure-to-Pay solutions for medium- to large-sized companies across industries including entertainment, hospitality, and automotive. Its flagship product, EPRO, provides buyers with improved workflow management and control of spending while collaborating directly.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full ReactorNet company profile →
Immedis Logo

Immedis

HQ: Ireland Website
  • Description: Provider of enterprise technology for global payroll and mobility tax, delivering fully managed multi-country payroll and employment tax solutions. Products include One View Managed to automate inputs and validate compliant payrolls in over 160 countries, One View Connect for unified global payroll data and reporting, and One View Payments for international money movement in 120+ currencies.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Immedis company profile →
Divvy Logo

Divvy

HQ: United States Website
  • Description: Provider of a secure financial platform for businesses to manage payments and subscriptions, build strategic budgets, and eliminate expense reports, delivering complete control and real-time visibility into company spending with integrated real-time tracking.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Divvy company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Float

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Buyer group 1: ████████ ████████

●● companies
Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

●● companies
Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Float

2.2 - Growth funds investing in similar companies to Float

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4 - Top valuation comps for Float

4.2 - Public trading comparable groups for Float

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4.3 - M&A Transactions similar to Float

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Float

What does Float do?

Float is a provider of modern financial services and powerful spend management software, including corporate cards, bill pay, expense management, reimbursements, approvals, invoice management, and high-yield accounts, supported by industry-leading service to help finance teams manage spending and cash flow efficiently.

Who are Float's competitors?

Float's competitors and similar companies include Prophix, Declarando, ReactorNet, Immedis, and Divvy.

Where is Float headquartered?

Float is headquartered in Canada.

How many employees does Float have?

Float has 1,000 employees 🔒.

When was Float founded?

Float was founded in 2010 🔒.

What sector and industry vertical is Float in?

Float is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Float

Who are the top strategic acquirers in Float's sector and industry

Top strategic M&A buyers and acquirers in Float's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Float?

Top strategic M&A buyers groups and sectors for Float include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in Float's sector and industry vertical

Which are the top PE firms investing in Float's sector and industry vertical?

Top PE firms investing in Float's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Float's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Float's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Float's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Float include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Float's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Float?

The key public trading comparables and valuation benchmarks for Float include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Float for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for Float with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in Float's sector and industry vertical?

Our platform tracks relevant M&A transactions comparables and valuation benchmarks for Float with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Float's' sector and industry vertical?

Access recent funding rounds and capital raises in Float's sector and industry vertical including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors and valuations.

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