Also known as: Welcome Capital
Supply chain finance for consumer brands
Company is active
Event Year: 2021
Company is active
Event Year: 2021
Float provides supply chain financing solutions tailored for consumer brands experiencing rapid growth. Functioning as a 'Pipe' equivalent within the supply chain domain, Float empowers these businesses to access capital tied up in their inventory. The core service involves Float directly paying supplier invoices upfront, thereby allowing brands to defer inventory payments until after the goods have been sold, optimizing cash flow and working capital management.
Float provides supply chain financing solutions tailored for consumer brands experiencing rapid growth. Functioning as a 'Pipe' equivalent within the supply chain domain, Float empowers these businesses to access capital tied up in their inventory. The core service involves Float directly paying supplier invoices upfront, thereby allowing brands to defer inventory payments until after the goods have been sold, optimizing cash flow and working capital management.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2021
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2021
Fintech
Fintech
Fintech
Fintech
Team size: 2
Hiring: No
Team size: 2
Hiring: No