Financeit
Canada
Valuation
$60.7M
2021 Revenue
$20.2M
Customers
8K
Funding
$60.7M
Avg ACV
$2.5K
Team
241
Founded
2007
How Financeit CEO Michael Garrity grew to $20.2M revenue and 8K customers in 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.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | Financeit Hit $20.2m revenue in April 2021 | |
| 2007 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2016 | Funding round | $17M | - | - | |
| 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 | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| 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.
| Year | Milestone |
|---|---|
| 2021 | Reached 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.
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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