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Modern Treasury Raises $85 Million, Passes $2 Billion Valuation

Modern Treasury Raises $85 Million, Passes $2 Billion Valuation

10/06/21, 1:30 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan francisco
Money raised
$85 million
Modern Treasury, a payments operations software provider, today announced an $85 million Series C funding round led by Altimeter Capital, with participation from existing investors Benchmark and Quiet Capital.

Company Info

Company
Modern Treasury
Location
san francisco, california, united states
Additional Info
Modern Treasury provides payment operations software for companies, enabling teams to move and track money with confidence. Our tools automate the full cycle of money movement—from payment initiation, through approvals, to reconciliation. Using Modern Treasury products, innovators are reinventing the way businesses are built, run, and scaled. We are a catalyst for growth in the economy's most important sectors, from real estate and healthcare to education and financial services. Founded in 2018, San Francisco-based Modern Treasury is backed by Altimeter Capital, Benchmark, and Y Combinator.
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