Sunday, December 22, 2024

Enterprise fintech Treasury4 closes Series A at $20m

Enterprise fintech Treasury4 raises $20 million in a Series A funding round to enhance its financial solutions for CFOs.

Facts

  • Treasury4, based in Spokane, Washington, secures $20 million in Series A funding.
  • The round is led by WestCap, with participation from Cowles Company, Fortson VC, Voyager Capital, Kick-Start Seed Fund, and WTB Financial Corporation.
  • Notable individuals like Jim DuBois (former CIO of Microsoft) and Chris Growney (co-founder of Clearwater Analytics) are believed to have participated.
  • Treasury4, founded in 2020, offers financial planning and risk management tools through API-led software solutions.
  • The funding will support the development of Entity4 (legal entity management) and Cash4 (global cash management).
  • Treasury4 plans to establish and strengthen strategic partnerships and accelerate its product roadmap.
  • CEO Steve Helmbrecht highlights how modern technologies empower CFOs with data, visualizations, and foresight.
  • WestCap appoints Sean Duncan and Jeff Mullen to the Treasury4 board to support its development phase.

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