Float is in the business of corporate spend management. In fact, the company was founded to disrupt the archaic processes that weigh down business spending.
Float’s solution is a smart corporate card linked to spend-management software that automates manual tasks involved in managing card-linked spending, such as issuing cards for employees, tracking down receipts, and reconciling expenses.
Founded by founded by University of Waterloo graduates Griffin Keglevich and Ruslan Nikolaev, the Toronto-based Float has seen strong early success. The fintech startup last year secured USD$30 million in an investment round led by Tiger Global with participation from existing investors Golden Ventures, Susa Ventures, Michael Hyatt, Tiny Capital, Garage Capital, A-Star, and Global Founders Capital.
Now the company is floating away from corporate spend management software to launch an editorial side-venture.
“At Float we like to make big bets,” says Amrita Gurney, the company’s head of marketing. “And one big bet we’ve made is to launch our own magazine.”
Gurney says her goal was to “create something that would be useful to Canadian finance professionals—even if they never become a customer of Float.”
“You’ll also hear from Angela Bierman, who shared her career journey with us,” Gurney notes, while some of Canada’s leading VCs share their advice on how to navigate a challenging climate.
There’s even a comic strip within!