About TreasuryXpress
TreasuryXpress is a Technology company based in New York (United States) founded in 2015, and was acquired by Bottomline Technologies in February 2021. Cloud-based treasury management is provided for small businesses. TreasuryXpress has raised $5 million across 1 funding round from investors including Bottomline Technologies, Middle East Venture Partners and Azure Capital. The company was acqui-hired. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Record to Report. Its competitors include IoTeX, Bottomline Technologies and SunGard; 1 of its 3 listed competitors has raised funding.
Company details
TreasuryXpress was founded in 2015 in New York, United States, as a provider of cloud-based treasury management systems targeted at small and medium-sized businesses. Modular features are offered, including cash and liquidity risk forecasting, hedging tools, electronic payment workflows, bank account oversight, connectivity management, trade finance support, and reconciliation processes. Four pricing levels are available without implementation fees.
- Headquarters New York, United States
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website treasuryxpress.com
- Social LinkedIn X Facebook
- Acquired by Bottomline Technologies (Feb 2021)
- Total Equity Funding$5M (USD)
in 1 rounds
- Latest Funding Round$5M (USD), Series B
Oct 2017
- InvestorsBottomline Technologies
& 2 more
- Acquired byBottomline Technologies
(Feb 2021)
Funding Insights of TreasuryXpress
TreasuryXpress has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series B round of $5 million completed in October 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5M
- Total Rounds 1
- Last Round Series B — $5M
- First Round $5M
(Oct 2017)
- Investors Count 2
All 1 funding rounds of TreasuryXpress with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2017 | $5M | Series B | – | Middle East Venture Partners, Azure Capital | – |
3 investors in total: 3 institutional.
Investors in TreasuryXpress
TreasuryXpress has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Bottomline Technologies, Middle East Venture Partners and Azure Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on early and growth-stage investments | mevp.com | Beirut, Lebanon | ||
| azure-capital.com | ||||
Cloud-based treasury management and fraud prevention solutions are provided. | 1989 | bottomline.com | Portsmouth, United States |
Investor details for TreasuryXpress
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Timeline of TreasuryXpress
3 dated milestones of TreasuryXpress across 6 years, from founding to its latest funding, stage changes and deals.
- Founded TreasuryXpress is founded.
- Funding First funding round of $5.0M.
- Exit Acquired by Bottomline Technologies.
Competitors of TreasuryXpress
TreasuryXpress has 3 listed competitors in our database, 1 of them funded. They include IoTeX, Bottomline Technologies and SunGard.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iotex.io | 2017 | Menlo Park, United States | $50M | Blockchain-based connectivity for IoT applications is facilitated. | ||
| bottomline.com | 1989 | Portsmouth, United States | 1,248 | Cloud-based treasury management and fraud prevention solutions are provided. | ||
| sungard.com | 1982 | Wayne, United States | Enterprise Software |
Detailed competitors of TreasuryXpress
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- Full competitor set
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Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as TreasuryXpress (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Related news about Treasuryxpress
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Frequently Asked Questions about TreasuryXpress
TreasuryXpress was founded in 2015 and raised its 1st funding round 2 years after it was founded.
TreasuryXpress is headquartered in New York, United States. It is registered at New York, New York, United States.
TreasuryXpress is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series B of $5M, raised on Oct 2017.
TreasuryXpress was founded in 2015 in New York, United States, as a provider of cloud-based treasury management systems targeted at small and medium-sized businesses. Modular features are offered, including cash and liquidity risk forecasting, hedging tools, electronic payment workflows, bank account oversight, connectivity management, trade finance support, and reconciliation processes. Four pricing levels are available without implementation fees.
TreasuryXpress's top competitors include IoTeX, Bottomline Technologies and SunGard.
TreasuryXpress has 3 investors. Key investors include Bottomline Technologies, Middle East Venture Partners, and Azure Capital.
Yes. TreasuryXpress was acquired by Bottomline Technologies in February 2021.