Thera has announced that it has raised a $4 million Seed round with participation from Y Combinator, 10x Founders, Amino Capital, Zillionize, and Bayhouse Capital. Notable angels in the round include Oliver Jung, Chris Bakke, Andrew Yeung, Akash Magoon, and Bobby Matson. The company will use the funds to accelerate its growth by further developing its platform and expanding its team in New York City.

Thera is the ecosystem of apps built for global teams: payroll, treasury, AP/AR. With Thera, companies can manage all their financial operations from one platform at the best rates on the market. Thera powers hundreds of businesses' financial operations, as thousands of workers rely on Thera for payroll every month. The company was founded in 2022 by Akhil Reddy, a former Amazon engineer who architected several systems powering Amazon Prime.