Edinburgh, United Kingdom
Float Cash Flow Forecasting, founded in 2010, is an innovative company headquartered in the United Kingdom that specializes in operational cash flow forecasting. The company is strategically positioned in the Finance, Financial Services, and SaaS industries. It has developed a niche product that integrates seamlessly with Xero and QuickBooks Online (QBO), enabling businesses to enhance confidence in their cash flow management.
Unlike traditional methods, Float offers daily level accuracy for a 13-week rolling cash flow forecast and maintains ease with a simple integration that negates manual updating. Key functionalities include 'What-if' scenario planning, variable scheduling for forecasts, and robust financial comparisons. Such features are particularly valuable to business owners and CFOs globally.
On the investment front, Float received a £1.50M Seed Round investment on January 15, 2020, with participants including Marchmont Ventures and Manchester Venture Partners. This financial boost underscored investor confidence in Float’s market potential and technological edge. As the company continues to carve out its space in the cash flow management ecosystem, it presents a compelling opportunity for investors to partake in the transformative landscape of financial forecasting.
