Agicap, a Lyon, France-based all-in-one treasury management platform provider, has raised €45 million in a Series C funding round.
Investors
The round was led by AVP, a global venture capital firm managing over $2 billion and focused on high-growth, tech-enabled companies. Founded in 2016, AVP has invested in over 60 companies across the U.S. and Europe, specializing in Venture, Growth, and Late-Stage investments. With offices in New York, London, and Paris, AVP supports international expansion and provides tailored growth opportunities for its portfolio companies.
Agicap Use of Funds
This funding will support Agicap’s product expansion, with new features like FX risk and credit management, and will facilitate scaling across Europe’s midmarket sector.
About Agicap
Agicap provides a treasury management platform designed to help small and medium-sized businesses (SMBs) and midmarket companies efficiently manage and forecast their cash flow. Its solution integrates banking and ERP connectivity, cash management, liquidity planning, accounts receivable, accounts payable, and spend management. With over 8,000 clients across Europe, Agicap empowers businesses to achieve operational excellence and foster a culture of cash performance.
Funding Details
Company: Agicap
Raised: €45.0M
Round: Series C
Funding Date: November 2024
Lead Investor: AVP
Additional Investors:
Company Website: https://agicap.com/
Software Category: Treasury Management
Source: https://agicap.com/en/article/agicap-raises-euros-forty-five-million-series-c/