NEW YORK, NY, Nilus, the first proactive AI-powered treasury management platform, has raised an additional $10 million in a funding round.
The round was led by Felicis and Vesey Ventures with participation from existing investor Bessemer Venture Partners, bringing its total funding to $18.6M. This latest investment will accelerate the development of Nilus' cutting-edge platform, designed to simplify treasury operations, enhance AI-driven forecasting, and streamline cash management for finance teams.
Nilus is an AI-powered cash management platform designed to help fast-growing companies like Taboola, Alloy and made-in cookware, get control of their cash by providing real-time visibility into cash flow, AI powered forecasting, and automated cash reconciliation. Our new way to manage money is already helping companies manage billions of dollars in cash and empowering finance leaders to work smarter and achieve better and faster results like optimizing liquidity, managing working capital, and planning for growth.
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