Modern Treasury

Platform to make tracking and controlling all your company's money movement seamless.

About

Founded

2018

Headquarters

San Francisco, California

Industry

Fintech

Company Description

Modern Treasury is the operating system for the new era of payments, helping companies unlock growth, enhance customer experiences, and drive efficiency. The payment operations platform and best-in-class developer tools move companies forward with faster payments, effective workflows, full data visibility, and seamless bank integrations.

Quick Links

Website Jobs

Funding

Total Raised

$183 million

Valuation

$2 billion+

Significant Investors

Y Combinator, Benchmark, SVB Capital, Salesforce Ventures, Artisanal Ventures, NewView Capital, Altimeter Capital

Company Traction

Modern Treasury reconciles $5 billion for its customers monthly, up from $2.8 billion in April 2022.

Modern Treasury customers include Pipe, Settle, ClassPass, Parafin, Navan, Outdoorsy, Sana, and Wholesail.

Modern Treasury has integrations to 30+ leading commercial banks, including Citibank, JP Morgan Chase, Silicon Valley Bank, Wells Fargo, and NetSuite.

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Leadership Team

Dimitri Dadiomov: Co-Founder & CEO of Modern Treasury. Former Principal Product Manager at LendingHome.‍

Sam Aarons: Co-Founder & CTO of Modern Treasury. Former Senior Software Engineer at LendingHome.‍

Matt Marcus: Co-Founder & CPO of Modern Treasury. Former Senior Software Engineer at LendingHome.

Rachel Pike: COO at Modern Treasury. Former Senior Director, Growth at Grand Rounds.‍

Julie Mullins: Head of Marketing & Communications at Modern Treasury. Former Senior Director, Communications at Slack.

Press

Yahoo Finance (April 17, 2023): Modern Treasury Announces Reconciliation Engine to Drive Greater Efficiency and Financial Transparency for Companies

Pymnts (April 14, 2023): Modern Treasury CEO: Companies Have a New Appreciation for Treasury Services Post SVB Collapse‍

FinSMEs (March 30, 2022): Modern Treasury Raises Additional $50M In Second Close of Series C