Fundz

MillTech raises $60M from Apax Digital at a $325M valuation to enhance its automated FX treasury services.

PRIVATEApr 10, 2026

Amount Raised

$60 Million

Round Type

Funding Round

Financial ServicesSoftwareArtificial Intelligence

Investors

Apax Digital Funds

Description

MillTech has successfully raised $60 million in a minority investment led by Apax Digital Funds. This funding round values the company at $325 million and is aimed at supporting its North American expansion and the development of AI-powered treasury products. Founded in 2019, MillTech automates the full FX lifecycle, significantly reducing costs for clients. The company has established itself as a key player in the fintech space, competing with major firms in the market.

Quick answer

MillTech raised $60 Million in a Funding Round round, dated April 10, 2026. Investors: Apax Digital Funds.

How much did MillTech raise?
MillTech raised $60 Million in a Funding Round round on April 10, 2026.
Who invested in MillTech?
Apax Digital Funds is named as investors in this round.
What does MillTech do?
MillTech, founded in 2019, automates the full FX lifecycle, including trade calculation, execution, settlement, reporting, and transaction cost analysis.
Where is MillTech based and how big is it?
Fundz records about 87 employees.

Source: Fundz verified event record.

Who else raised in Financial Services and Software around the same time

Companies in the same sectors as MillTech that raised within 45 days of this round, from Fundz verified event records.

  • Eisen raised $10M (Series A) on May 19, 2026.
  • Bunch raised $35M (Series B) on May 19, 2026.
  • C3aLabs raised an undisclosed amount (Angel) on May 18, 2026.
  • Extraordinary Money (XMO) raised $3M (Pre-Seed) on May 14, 2026.
  • Transient.AI raised $10M (Series A) on May 14, 2026.
  • Greenboard raised $16M (Series A) on May 12, 2026.

Who to call at MillTech, and when

A new round usually means MillTech is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day MillTech raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at MillTech, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at MillTech. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

MillTech

About

MillTech, founded in 2019, automates the full FX lifecycle, including trade calculation, execution, settlement, reporting, and transaction cost analysis. It serves as an agent for clients, providing access to competing quotes from more than 10 banks simultaneously. The company has expanded its offerings to include cash management solutions and AI-powered advisory tools, standing out with its agency execution model. MillTech handles approximately $500 billion in trading volume annually.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment MillTech raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for MillTech's next move

See what Strategic adds

MillTech raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.