Nilus Leaders (company pic)
Nilus, the Israeli startup AI-powered treasury management platform, has secured a monumental $10 million in a fresh funding round led by Felicis and Vesey Ventures. The round also drew strong support from Cerca Partners and returning investors Bessemer Venture Partners, Better Tomorrow Ventures, and BTV, propelling Nilus’ total funding to an impressive $18.6 million. This transformative investment marks a pivotal moment for Nilus as it supercharges the evolution of its groundbreaking platform, poised to revolutionize treasury operations. By harnessing the power of advanced AI, Nilus aims to redefine cash management, empower finance teams with unparalleled forecasting capabilities, and deliver seamless, intelligent solutions to streamline complex treasury workflows.
By 2025, precise cash flow forecasting is no longer optional—it’s a necessity for businesses pursuing growth and adapting to change, explains Nilus. Amidst economic volatility, persistent inflation, and mounting pressure on profits, accurate cash flow projections are crucial for maintaining liquidity and driving sound financial strategy.
As companies expand and venture into new markets, finance teams often struggle with disparate systems and isolated data, hindering their ability to make timely, data-driven decisions. Without real-time visibility and control over cash flow, managing working capital, optimizing debt, and ensuring sufficient liquidity for operations becomes increasingly difficult. Traditional tools like spreadsheets and legacy treasury software are simply inadequate for these evolving demands.
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Founded in 2021 by fintech veterans Daniel Kalish (PayPal) and Danielle Shaul (fundbox), Nilus is an AI-powered treasury platform that enables finance teams to maximize their cash performance with real-time visibility across all accounts. Companies like Resident, Taboola and Alloy trust Nilus to reduce manual work in cash positioning, forecasting, and reconciliation, and provide strategic insights to help finance leaders make better financial decisions. With over $1B in assets under management, Nilus is backed by top investors like Bessemer Venture Partners and BTV.
In 2024, Nilus made significant strides in expanding its platform, significantly growing its customer base and optimize cash utilization across their businesses. The platform also introduced AI-powered forecasting, giving finance leaders the tools to improve the accuracy of bottom-up cash planning and make more strategic, data-driven decisions.
“Nilus is building the next generation of treasury management,” said Daniel Kalish, CEO and co-founder of Nilus. “This funding allows us to accelerate our mission to free finance teams from operational headaches so they can focus on what truly matters— proactive decision-making.”
