What is Palm?
Palm operates as a sophisticated financial technology firm specializing in AI-powered treasury management. The company provides a robust platform engineered to assist enterprise finance departments in achieving superior cash visibility, precise forecasting, and optimized liquidity management. By seamlessly integrating with existing enterprise resource planning (ERP) and treasury management systems (TMS), Palm effectively consolidates fragmented data streams into a singular, intuitive interface.
This centralized approach empowers finance teams to derive real-time insights, facilitating more informed decision-making processes. In an era where financial agility is paramount, Palm serves as a critical layer of intelligence, enabling organizations to navigate volatility with greater precision and operational efficiency.
How much funding has Palm raised?
Palm has raised a total of $6.1M across 1 funding round:
Angel/Seed
$6.1M
Angel/Seed (2024): $6.1M with participation from Upfin, Speedinvest, and Target Global
Key Investors in Palm
Upfin
Upfin Inc is a specialized provider in the custom software and IT services sector, focusing on delivering tailored technological solutions to support business operations.
Speedinvest
Speedinvest is a prominent European venture capital firm with over 1 billion euros under management, dedicated to supporting early-stage startups across fintech, deep tech, and SaaS infrastructure.
Target Global
Target Global is a pan-European technology investment firm managing over 3 billion in assets, known for its extensive portfolio of high-growth tech companies and deep operational expertise.
What's next for Palm?
Looking ahead, the strategic deployment of this capital will likely focus on scaling Palm's engineering capabilities and expanding its market reach. As the company transitions from its current growth phase toward broader enterprise adoption, the focus will remain on enhancing the platform's predictive analytics and deepening its integration ecosystem. By leveraging the expertise of its investor base, Palm is poised to solidify its position as a leader in the digital transformation of corporate treasury functions, setting a new standard for how large-scale organizations manage their global financial health.
See full Palm company page
