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2025-01-16
In a world where financial agility and precision are paramount, Nilus, an Israeli startup, is making waves with its AI-powered treasury management platform. The company recently announced a $10 million funding round led by Felicis and Vesey Ventures, with participation from existing investor Bessemer Venture Partners. This brings Nilusā total funding to $18.6 million, fueling its mission to transform how businesses manage their treasury, accounting, and financial planning and analysis (FP&A) operations.
Founded by fintech experts Daniel Kalish (formerly of PayPal) and Daniel Shaul (ex-Fundbox), Nilus has quickly established itself as a trusted partner for organizations ranging from midsize businesses to publicly traded companies. Its platform, which already manages billions in cumulative cash, is designed to simplify treasury operations, enhance AI-driven forecasting, and streamline cash management. With clients like Alloy, Taboola, Made In Cookware, and Planned Parenthood, Nilus is proving its value across diverse industries.
The latest funding will accelerate the development of Nilusā platform, which combines rapid deployment, Excel-like functionality, and embedded AI to deliver a seamless user experience. By integrating AI into reconciliation and forecasting, the platform helps finance teams avoid risks, predict cash flows with greater accuracy, and gain deeper insights into liquidity needs. This empowers CFOs and finance teams to make proactive, data-driven decisions in an increasingly complex economic landscape.
The Growing Need for AI-Driven Treasury Solutions
In 2025, accurate cash flow forecasting has become a non-negotiable for businesses navigating economic uncertainty, rising inflation, and profitability pressures. Nilus addresses this need by providing a single, collaborative tool for treasury, accounting, and FP&A. Its platform not only simplifies operations but also enhances decision-making through AI-powered insights.
Last year, Nilus strengthened its leadership team by appointing Matthew Harlan as Chief Treasury Officer. With a background in leading treasury operations at companies like Toast and Samsara, Harlan brings valuable expertise to the table, further solidifying Nilusā position as a leader in the treasury management space.
As businesses continue to face financial challenges, Nilus is poised to play a pivotal role in helping them stay ahead of the curve. By freeing finance teams from operational burdens, the platform enables them to focus on strategic decision-making and long-term growth.
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What Undercode Say:
Nilusā recent funding round and its innovative approach to treasury management highlight a growing trend in the fintech industry: the integration of AI to solve complex financial challenges. Hereās why Nilus stands out and what it means for the future of treasury management:
1. The Rise of AI in Financial Operations
AI is no longer a buzzword; itās a necessity. Businesses are increasingly turning to AI-driven solutions to streamline operations, reduce risks, and improve accuracy. Nilusā platform exemplifies this shift, offering embedded AI for reconciliation and forecasting. By automating repetitive tasks and providing predictive insights, Nilus allows finance teams to focus on strategic initiatives rather than getting bogged down by manual processes.
2. The Importance of Cash Flow Forecasting
In todayās volatile economic climate, cash flow forecasting has become a critical tool for businesses. Rising inflation, supply chain disruptions, and fluctuating market conditions have made it essential for companies to maintain liquidity and plan for the future. Nilusā platform addresses this need by delivering accurate, AI-powered forecasts that help businesses navigate uncertainty and make informed decisions.
3. Collaboration and Ease of Use
One of Nilusā key strengths is its ability to bring treasury, accounting, and FP&A teams together on a single platform. This collaborative approach not only improves efficiency but also ensures that all stakeholders are aligned. The platformās Excel-like functionality and rapid deployment further enhance its appeal, making it accessible to teams without requiring extensive training or technical expertise.
4. A Growing Market for Treasury Solutions
The global treasury management market is projected to grow significantly in the coming years, driven by the increasing complexity of financial operations and the need for real-time insights. Nilus is well-positioned to capitalize on this trend, thanks to its innovative platform and strong leadership team.
5. The Role of Leadership in Driving Innovation
Nilusā appointment of Matthew Harlan as Chief Treasury Officer underscores the importance of experienced leadership in driving innovation. Harlanās background in leading treasury operations at high-growth companies brings valuable insights to Nilus, enabling the company to better understand and address the needs of its clients.
6. The Future of Treasury Management
As businesses continue to digitize their operations, the demand for AI-powered treasury solutions will only grow. Nilus is at the forefront of this transformation, offering a platform that not only simplifies treasury management but also empowers finance teams to make smarter, more proactive decisions.
In conclusion, Nilusā $10 million funding round is a testament to the growing demand for innovative treasury solutions. By leveraging AI to simplify operations and enhance decision-making, Nilus is helping businesses navigate an increasingly complex financial landscape. As the company continues to evolve, it is poised to become a key player in the future of treasury management.
References:
Reported By: Calcalistech.com
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