Nilus Secures $10 Million in Funding

by Kay Aloha Villamor in January 17th, 2025

Nilus, a Tel Aviv, Israel-based proactive AI-driven treasury management platform, has secured $10 million in funding. 

Investors 

The round was led by Felicis and Vesey Ventures, with participation from Cerca Partners, existing investors Bessemer Venture Partners, Better Tomorrow Ventures, and BTV. This brings Nilus' total funding to $18.6M.  

Founded in 2006, Felicis is a Menlo Park, CA-based venture capital firm investing across industries and stages. Felicis supports founders in building iconic companies and has backed over 49 companies valued at $1 billion+, with 17 IPOs. 

Vesey Ventures is a venture capital firm based in Westport, Connecticut. The firm invests in companies operating in the fintech, commerce, and enabling infrastructure sectors in the United States and Israel. Founded in 2022, Vesey has invested in 50+ category-defining fintech startups and brokered over 100 partnerships with them. 

Nilus Use of Funds 

This funding will accelerate the development of Nilus’ cutting-edge platform, designed to simplify treasury operations, enhance AI-driven forecasting, and streamline cash management for finance teams. 

About Nilus 

Founded by Daniel Kalish and Daniel Shaul, Nilus is an AI-powered cash management platform designed to help fast-growing companies gain control of their cash by providing real-time visibility into cash flow, AI-powered forecasting, and automated cash reconciliation. Nilus manages billions in cash for clients like Alloy, Taboola, and Planned Parenthood.

Funding Details 

Company: Nilus Inc. 

Raised: $10.0M 

Round: Unknown 

Funding Month: January 2025 

Lead Investors: Felicis, Vesey Ventures 

Additional Investors: Cerca Partners, Bessemer Venture Partners, Better Tomorrow Ventures, BTV 

Company Website: https://www.nilus.com/  

Software Category: Cash Management 

Source: https://www.nilus.com/post/nilus-raises-10m-reaching-18m-in-funding-to-lead-the-future-of-ai-powered-treasury-management 

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