Modern Treasury

Modern Treasury, founded in 2018 in San Francisco, has raised over $183 million in funding (including an $85 million Series C and a $50 million extension) and reached a valuation of over $2 billion as of late 2021/early 2022. Key investors include Altimeter Capital, SVB Capital, and Benchmark. The company provides a cloud-based payments operations platform offering APIs, reconciliation, real-time tracking, and bank integrations to help businesses automate money movement across ACH, wires, and real-time payments.