What is TreasurySpring?
TreasurySpring is a financial technology firm focused on revolutionizing multi-trillion dollar wholesale money markets through its regulated Fixed-Term Fund platform. This innovative digital solution connects cash-rich corporations with institutional borrowers, offering transparent, single-name, fixed-term exposure to government, secured bank, and corporate assets. By providing an alternative to traditional unsecured bank exposure, TreasurySpring aims to reduce risk and increase returns for its clients. The platform is designed for a wide array of entities holding substantial cash balances, including corporates, charities, private funds, insurance companies, family offices, and private banks, offering a more versatile and accessible alternative to term deposits.
How much funding has TreasurySpring raised?
TreasurySpring has raised a total of $31.4M across 3 funding rounds:
Other Financing Round
$2.4M
Series A
$10M
Series B
$19.1M
Other Financing Round (2019): $2.4M with participation from ETFS Capital and MMC Ventures
Series A (2021): $10M led by Anthemis, MMC Ventures, and ETFS Capital
Series B (2023): $19.1M supported by Balderton, Black Lion Group, and MMC Ventures
Key Investors in TreasurySpring
Balderton
Balderton Capital is a London-based venture capital firm that invests in early-stage, high-growth technology companies across Europe, typically leading Seed and Series A rounds and supporting founders through global scaleup and exits.
Anthemis
Anthemis is a venture capital firm founded in 2010 and headquartered in London, UK, that cultivates change in financial services by investing in, growing, and sustaining businesses.
MMC Ventures
MMC Ventures is a venture capital firm that funds and helps scale technology companies transforming today's markets, with a deep understanding of underlying technology and business models to be effective partners.
What's next for TreasurySpring?
The recent Series B funding round, characterized as a major enterprise-level funding event, positions TreasurySpring for significant scaling and market expansion. This strategic investment will likely fuel further development of its Fixed-Term Fund platform, enhance its regulatory compliance infrastructure, and broaden its reach to attract new non-bank funders seeking cost-effective short-term financing options. The company's focus on institutional-grade infrastructure and collaboration with industry leaders suggests a trajectory towards becoming a dominant player in the digital wholesale money market.
See full TreasurySpring company page
