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Canada
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
In 2021, Financeit's revenue reached $20.2M. Since its launch in 2007, Financeit has shown consistent revenue growth.
Financeit reached a $60.7M valuation in 2025, set during its M&A Offer round.
Financeit has raised $60.7M in total funding across 9 rounds, with its most recent round in 2016.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $60.7M | - | |
| 2016 | Funding round | $17M | - |
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Financeit serves 8K customers.
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 generates $20.2M in revenue.
Financeit was founded by Michael Garrity.
The CEO of Financeit is Michael Garrity.
Financeit raised $60.7M across 9 rounds.
Financeit has 241 employees.
Financeit is headquartered in Canada.
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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Valuation
$60.7M
2021 Revenue
$20.2M
Customers
8K
Funding
$60.7M
Avg ACV
$2.5K
Team
241
Founded
2007
| Year | Milestone | Source |
|---|---|---|
| 2021 | Financeit Hit $20.2m revenue in April 2021 | |
| 2007 | Launched with $0 revenue |
| - |
| 2015 | Funding round | $12M | - | - |
| 2014 | Funding round | $10.3M | - | - |
| 2013 | Funding round | $13M | - | - |
| 2012 | Funding round | $3M | - | - |
| 2010 | Funding round | $1.2M | - | - |
| 2009 | Funding round | $1.3M | - | - |
| 2007 | Funding round | $2.5M | - | - |
| 2007 | Funding round | $400K | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 241 employees (April 2021) |
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