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. These offerings cater to a diverse clientele, including consumers, businesses, other financial technology companies, and traditional banks, enabling them to embed financial services seamlessly into their platforms. The company's focus on developer-friendly infrastructure positions it as a key enabler for digital transformation within the financial industry.
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 Hans Morris., Jason Lemkin, and Amias Gerety
Series B (2021): $20M led by Susa Ventures, Deciens Capital, and QED Investors
Series C (2023): $40M supported by SaaStr, The Banc Funds, Deciens Capital, and Invicta Holdings
Key Investors in Treasury Prime
SaaStr
SaaStr is a prominent community and media platform focused on B2B SaaS startups, providing resources and insights for founders and investors. Their investment in Treasury Prime suggests a belief in the company's scalable SaaS model within the fintech sector.
The Banc Funds
The Banc Funds Company specializes in financial services and investment solutions, particularly for the banking and financial sectors. Their participation indicates a strategic alignment with Treasury Prime's mission to modernize banking infrastructure.
Deciens Capital
Deciens Capital is a venture capital firm dedicated to early-stage financial services innovators. Their investment in Treasury Prime highlights a focus on companies redefining financial services through technology and API-driven solutions.
What's next for Treasury Prime?
With the recent major strategic investment, Treasury Prime is poised for accelerated growth and innovation. The company is expected to leverage this capital to enhance its BaaS platform, expand its service offerings, and strengthen its market position. Strategic partnerships and further technological development are likely priorities as Treasury Prime aims to solidify its standing as a leader in the embedded finance and API-driven banking solutions space. This funding round signals a commitment to scaling its enterprise-level capabilities and capturing a larger share of the rapidly evolving fintech market.
See full Treasury Prime company page
