Nilus Raises $10M to Advance AI-Powered Treasury Management Platform
Nilus empowers fast-growing companies to optimize liquidity, manage working capital, and plan for growth by providing actionable insights and automation.
Company Name: Nilus
Location: New York City, NY
Industry: AI-Powered Treasury Management
Funding Details:
Amount: $10M
Total Funding: $18.6M
Investors: Felicis (Lead), Vesey Ventures, Bessemer Venture Partners (Existing Investor)
Purpose of Investment:
The funds will be used to:
- Accelerate the development of Nilus’s platform.
- Enhance AI-driven forecasting capabilities.
- Streamline cash management for finance teams.
Leadership:
Founders: Daniel Kalish (ex-PayPal), Daniel Shaul (ex-Fundbox)
Product:
Nilus provides a proactive, AI-powered treasury management platform that offers:
- Real-Time Visibility: Delivering up-to-the-minute insights into cash flow.
- AI-Powered Forecasting: Helping companies anticipate financial trends and manage liquidity effectively.
- Automated Cash Reconciliation: Reducing manual workloads and ensuring accuracy in cash management.
Impact:
Nilus empowers fast-growing companies to optimize liquidity, manage working capital, and plan for growth by providing actionable insights and automation.
Customer Base:
Clients include high-profile organizations such as Alloy, Taboola, Made In Cookware, and Planned Parenthood, reflecting the platform’s versatility across industries.
With its latest funding, Nilus is set to expand its offerings, empowering finance leaders with cutting-edge tools to master cash management and drive sustainable growth.
