Treasury4, a Spokane, Washington-based enterprise software platform for treasury and finance practitioners, secured $20 million in Series A funding.
SaaS Investors
The led by WestCap, with participation from Cowles Company, Fortson VC, Voyager Capital, Kick-Start Seed Fund, W.T.B. Financial Corporation, and individuals such as Jim DuBois (former CIO of Microsoft) and Chris Growney (co-founder of Clearwater Analytics).
WestCap is a growth equity firm that prefers to invest in growth-stage companies operating in the financial technology, real estate technology, infrastructure technology, health tech, and experience technology sectors. WestCap primarily operates out of two main offices: the West Coast office in San Francisco and the East Coast office in New York City. It also has a presence in Hong Kong and London.
Treasury4 Use of Funds
The funding will be used to enhance the platform's capabilities, expand bank data integrations, accelerate product development, and establish strategic partnerships.
About Treasury4
Founded in 2020, Treasury4 is an enterprise fintech dedicated to delivering high-value solutions that dramatically improve treasury and finance processes. Treasury4 provides a suite of modular and interconnected API-enabled software solutions that offer real-time visibility into corporate finance and treasury operations, helping CFOs and treasurers make strategic decisions. With its innovative modular platform, the company enables its customers to unlock the power of their treasury data. Treasury4 is reimagining how treasury data is accessed, analyzed, and visualized for corporate and government organizations. The company is headquartered in Spokane, Washington.
Funding Details
Company: Treasury4, Inc.
Raised: $20.0M
Round: SeriesA
Funding Month: September 2023
Lead Investors: WestCap
Additional Investors: Cowles Company, Fortson VC, Voyager Capital, Kick-Start Seed Fund, W.T.B. Financial Corporation, DuBois and Chris Growney
Company Website: https://www.treasury4.com/
Software Category: Corporate Finance & Treasury Software Solutions
Source: https://www.businesswire.com/news/home/20230912157405/en/Treasury4-Raises-20-Million-in-Series-A-Funding-Led-by-WestCap