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Financeit

Canada

Valuation

$60.7M

2021 Revenue

$20.2M

Customers

8K

Funding

$60.7M

Avg ACV

$2.5K

Team

241

Founded

2007

Financeit Revenue, Valuation & Funding (2021)

Provider of a consumer financing platform to small businesses. The company offers their customers payment options from anywhere at anytime and empower them to buy more of what they really want. It is designed with both small to medium sized businesses and their customers in mind.

Last updated

Financeit Revenue

In 2021, Financeit's revenue reached $20.2M. Since its launch in 2007, Financeit has shown consistent revenue growth.

Financeit Revenue GrowthReported revenue / ARR over time$0$5M$10M$15M$20M$25M20072009201120132015201720192021$0$20.2MSource: GetLatka.com
YearMilestoneSource
2021Financeit Hit $20.2m revenue in April 2021
2007Launched with $0 revenue

Financeit Valuation, Funding Rounds

Financeit's most recent disclosed valuation is $60.7M.

Financeit has raised $60.7M in total funding across 9 rounds, with its most recent round in 2016.

Financeit Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$15M$30M$45M$60M$75M200720092011201320152016$60.7MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2016Funding round$17M--
2015Funding round$12M--
2014Funding round$10.3M--
2013Funding round$13M--
2012Funding round$3M--
2010Funding round$1.2M--
2009Funding round$1.3M--
2007Funding round$2.5M--
2007Funding round$400K--

Founder / CEO

Michael Garrity

CEO

Michael Garrity is listed as CEO at Financeit.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

Financeit serves 8K customers.

Financeit Employees & Team Size

Financeit employs approximately 241 people as of 2026, including 26 sales reps that carry a quota. It serves 8K customers that rely on its solutions.

Financeit Team GrowthReported headcount over time0601201802403002007200920112013201520172019202100241241Source: GetLatka.com
YearMilestoneSource
2021Reached 241 employees (April 2021)

Frequently Asked Questions about Financeit

What is Financeit's revenue?

Financeit generates $20.2M in revenue.

Who founded Financeit?

Financeit was founded by Michael Garrity.

Who is the CEO of Financeit?

The CEO of Financeit is Michael Garrity.

How much funding does Financeit have?

Financeit raised $60.7M across 9 rounds.

How many employees does Financeit have?

Financeit has 241 employees.

Where is Financeit headquarters?

Financeit is headquartered in Canada.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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