What is Treasury Prime?
Founded in 2017 and headquartered in San Francisco, California, Treasury Prime operates as a financial technology company. It specializes in providing robust API integrations and Banking-as-a-Service (BaaS) tools. Its offerings cater to a diverse clientele, including consumers, businesses, other financial technology companies, and traditional banks, facilitating seamless digital financial services.
How much funding has Treasury Prime raised?
Treasury Prime has raised a total of $69M across 3 funding rounds:
Series A
$9M
Series B
$20M
Series C
$40M
Series A (2020): $9M with participation from Amias Gerety, Hans Morris., and Jason Lemkin
Series B (2021): $20M led by QED Investors, Deciens Capital, and Susa Ventures
Series C (2023): $40M supported by SaaStr, Deciens Capital, Invicta Holdings, and The Banc Funds
Key Investors in Treasury Prime
QED Investors
QED Investors is a global venture capital firm focused on early-stage, disruptive financial services companies, known for its hands-on approach to fostering growth.
Deciens Capital
Deciens Capital is a venture capital firm that supports early-stage founders innovating in financial services, aiming to redefine how these services are created and distributed.
Susa Ventures
Susa Ventures is an early-stage venture capital firm that invests in seed-stage startups, providing capital and community without taking board seats.
What's next for Treasury Prime?
The recent major strategic investment signals a pivotal growth phase for Treasury Prime. This capital infusion is expected to accelerate product development, enhance its BaaS infrastructure, and potentially fuel market expansion into new territories or customer segments. The company is well-positioned to leverage this backing to further solidify its role as a key enabler of digital transformation within the financial industry.
See full Treasury Prime company page
