Nilus, a NYC-based supplier of a proactive AI-powered treasury administration platform, raised $10M in funding.
The spherical, which introduced the entire quantity to $18.6M, was led by Felicis and Vesey Ventures with participation from present investor Bessemer Enterprise Companions.
The corporate intends to make use of the funds to speed up the event of its platform, designed to reinforce AI-driven forecasting, and streamline money administration for finance groups.
Based by Daniel Kalish (ex PayPal) and Daniel Shaul (ex-fundbox), Nilus gives an AI-powered money administration platform designed to assist fast-growing corporations to get management of their money by offering real-time visibility into money movement, AI powered forecasting, and automatic money reconciliation. It helps corporations handle {dollars} in money and empowering finance leaders to attain higher outcomes like optimizing liquidity, managing working capital, and planning for progress.
Its buyer base consists of Alloy, Taboola, Made In Cookware, and Deliberate Parenthood.
FinSMEs
17/01/2025