Float
Supply chain finance for consumer brands
Y CombinatorSummer 2021ActiveFintechFintechB2BE-commerce
What they do
Problem
Fast-growing consumer brands lack working capital to pay suppliers for inventory before it is sold.
Solution
Float provides supply chain financing by paying supplier invoices upfront and letting brands repay after their inventory sells.
Who it's for
Fast-growing consumer brands that need to finance inventory and manage supplier payments.
Founders
Rob LaFave
Founder
Rob is a technologist, entrepreneur, investor, and urban farmer. He also founded and sold one of Fast Company's Most Innovative Food Companies, Foodzie.com — an online marketplace for artisan foodcrafters. Rob has been named an Inc Magazine Top 30 Under 30 Entrepreneur, BusinessWeek's Best Young Tech Entrepreneur, and Food & Wine Magazine's 40 Big Food Thinkers Under 40.
Company timeline
- Founded2021
- YC batchSummer 2021
- StatusActive
- Team size2 people
- LocationHonolulu, HI, USA; Remote
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