# Float funding: rounds and investors

> Float has raised $20M across 4 rounds since 2022. Investors include Invenfin, SAAD Investment Holdings and CHAPTERS Group AG. Every round with its source.

Source: https://millionrounds.com/company/float (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Float*

4 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services Fintech

Raised 4 months ago

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Funding summary Updated 5 Nov 2026

**$20M** raised across 4 rounds since 2022, from 6 sources

**$10M** Debt **$1.7M** Seed **$2.6M** Round **$5.2M** Series A

- **Latest round:** Series A, $5.2M Jul 2026
- **Led by:** CHAPTERS Group AG
- **Biggest round:** $10M Debt · Jan 2022
- **Step-up i:** 2×
- **Investors:** 12 (3 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2022 2023 2024 2025 2026

**$10M** Debt

**$1.7M** Seed

**$2.6M** Round

**$5.2M** Series A

- **First round:** Debt, $10M
- **Biggest round:** $10M
- **Usual gap between rounds:** 16 months

## The rounds

- **Jul 2026** Series A **$5.2M** *3 new* [CHAPTERS Group AG](https://millionrounds.com/fund/chapters-group-ag) Lead [Sting](https://millionrounds.com/fund/sting) [Propel Capital](https://millionrounds.com/fund/propel-capital) Reported by Firms' own news pages and 1 other
- **Sept 2025** Round **$2.6M** *4 new* [Invenfin](https://millionrounds.com/fund/invenfin) Lead [SAAD Investment Holdings](https://millionrounds.com/fund/saad-investments-company) Lead [Platform Investment Partners](https://millionrounds.com/fund/platform-investment-partners) [Lighthouse Venture Partners](https://millionrounds.com/fund/lighthouse-venture-partners) Reported by Disrupt Africa and 1 other
- **May 2024** Seed **$1.7M** *1 new* [Point Nine Capital](https://millionrounds.com/fund/point-nine-capital) Source recorded
- **Jan 2022** Debt **$10M** *4 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Soma Capital](https://millionrounds.com/fund/soma-capital) [Magic Fund](https://millionrounds.com/fund/magic-fund) Source recorded

## Founders and team

From Float's own website: 2 founders.

**Cedric Notz** Co-founder & CEO

**Jannis Koehn** Co-founder & COO

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Debt** 2022 **Seed** 2024 **Round** 2025 **Series A** 2026 [Invenfin](https://millionrounds.com/fund/invenfin) L [SAAD Investment Holdings](https://millionrounds.com/fund/saad-investments-company) L [CHAPTERS Group AG](https://millionrounds.com/fund/chapters-group-ag) L [Y Combinator](https://millionrounds.com/fund/y-combinator) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Soma Capital](https://millionrounds.com/fund/soma-capital) [Sting](https://millionrounds.com/fund/sting) [Point Nine Capital](https://millionrounds.com/fund/point-nine-capital) [Magic Fund](https://millionrounds.com/fund/magic-fund) [Propel Capital](https://millionrounds.com/fund/propel-capital)

## Everyone who backed them

[Invenfin](https://millionrounds.com/fund/invenfin) VC firm **1** round, led 1

[SAAD Investment Holdings](https://millionrounds.com/fund/saad-investments-company) Corporate VC **1** round, led 1

[CHAPTERS Group AG](https://millionrounds.com/fund/chapters-group-ag) VC firm **1** round, led 1

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **1** round

[Soma Capital](https://millionrounds.com/fund/soma-capital) VC firm **1** round

[Sting](https://millionrounds.com/fund/sting) VC firm **1** round

[Point Nine Capital](https://millionrounds.com/fund/point-nine-capital) VC firm **1** round

[Magic Fund](https://millionrounds.com/fund/magic-fund) VC firm **1** round

[Propel Capital](https://millionrounds.com/fund/propel-capital) Accelerator **1** round

[Platform Investment Partners](https://millionrounds.com/fund/platform-investment-partners) Investment firm **1** round

[Lighthouse Venture Partners](https://millionrounds.com/fund/lighthouse-venture-partners) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=float).

## Also claim to have backed them

This firm lists Float as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[D2 Double Down](https://millionrounds.com/fund/d2-fund) VC firm Per its own site

## Quick answers about Float

### Who invested in Float?

Float's investors include Invenfin, SAAD Investment Holdings, CHAPTERS Group AG, Y Combinator and Tiger Global Management, and 7 more on record. CHAPTERS Group AG led its latest round.

### How much has Float raised?

Float has raised $20M across 4 rounds since 2022.

### When did Float last raise?

Float's most recent round was a Series A of $5.2M in Jul 2026, led by CHAPTERS Group AG.

### What was Float's biggest round?

Float's largest round on record is $10M (Debt), in Jan 2022.

### Who backed Float first?

Float's first round on record, in Jan 2022, was backed by Y Combinator, Tiger Global Management and Soma Capital and 1 others.

### What stage is Float at?

Float's latest named round is a Series A, in Jul 2026.

### Where is Float based?

Float is based in Sweden.

### Who led Float's rounds?

Invenfin led the funding round in 2025; CHAPTERS Group AG led the Series A in 2026.

## Companies like Float

In the same sector, and raised in the last eighteen months.

[**Galdera Labs** $1.7M · Mar 2026](https://millionrounds.com/company/galdera-labs)[**Forecasterly** $671K · Feb 2026](https://millionrounds.com/company/forecasterly)[**Bits Technology** $14M · Feb 2026](https://millionrounds.com/company/bits-technology)[**Movitz Payments** $568K · Jun 2025](https://millionrounds.com/company/movitz-payments)[**Pliant** $123M · Nov 2026](https://millionrounds.com/company/pliant)[**Mamoon** $3.0M · Nov 2026](https://millionrounds.com/company/mamoon)

## Find investors like these

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