Trovata

San Diego, United States Founded: 2016 • Age: 10 yrs
Cash flow analysis is automated for businesses using open banking.
Annual revenue - Latest available
Total funding $56.8M 5 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About Trovata

Trovata is a company based in San Diego (United States) founded in 2016 by Brett Turner. Trovata has raised $56.83 million across 5 funding rounds from investors including J P Morgan, JPMorgan Chase and Wells Fargo. Trovata offers products and services including Cash Flow Analysis, Cash Reporting, Cash Forecasting, Trovata TMS, and API Platform. Trovata operates in a competitive market with competitors including Zscaler, PayPal, Palantir, Snowflake and Alteryx, among others.

  • Headquarter San Diego, United States
  • Founders Brett Turner
  • Sectors
    Technology
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  • Phone
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  • Website
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  • Legal Name Trovata, Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $56.83 M (USD)

    in 5 rounds

  • Latest Funding Round
    $27 M (USD), Series B

    Jun 06, 2022

  • Investors
    J P Morgan

    & 8 more

  • Employee Count
    Not available
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Products & Services of Trovata

Trovata offers a comprehensive portfolio of products and services, including Cash Flow Analysis, Cash Reporting, Cash Forecasting, Trovata TMS, and API Platform.

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Primary

Analyzes cash flows for accurate forecasting and decision-making

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Automates generation of consolidated cash reports for businesses

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Uses machine learning for predicting future cash positions

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Treasury management system for optimizing cash operations

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Enables seamless bank integrations for data aggregation

People of Trovata

Headcount 50-200
Employee Profiles 42
Employee Profiles
People
Henry Ball
Senior Director, Business Development
People
Tommy Crimi
Manager, Partner Success
People
Brett Turner
Founder & CEO
People
Shaheen Arab
Growth Analyst

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Funding Insights of Trovata

Trovata has successfully raised a total of $56.83M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $27 million completed in June 2022. 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.

Investors in Trovata

Trovata has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include J P Morgan, JPMorgan Chase and Wells Fargo.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on fintech and B2B SaaS companies
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Tech startups are invested in by Capital One Ventures firm.
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Venture capital is invested in FinTech sectors by the firm.
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Investor details for Trovata

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Investments & Acquisitions by Trovata

Investments
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Investment portfolio details for Trovata

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  • Transaction dates
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Financial Statements - Trovata

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Detailed financials for Trovata

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  • Profit trends
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Trovata Comparisons

Trovata Primary company
Description
Cash flow analysis is automated for businesses using open ba...
Location
San Diego, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Trovata

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Competitors of Trovata

Trovata operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zscaler, PayPal, Palantir, Snowflake and Alteryx, among others.

Company Name Domain Founded year HQ Location Description
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Cybersecurity and zero trust solutions are delivered for secure networks.
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Online payment solutions are offered to consumers and businesses.
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Platform that provides data analysis and management solutions
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Cloud-based big data warehouse for enterprise data management is provided.
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Cloud-based data analytics solutions are delivered for insight generation.
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Synchrony is engaged in providing credit cards and banking services.
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Detailed competitors of Trovata

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Latest news on Trovata

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Complete news archive for Trovata

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Frequently Asked Questions about Trovata

Trovata was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Trovata is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Brett Turner is the current CEO of Trovata. They have also founded this company.

Trovata is a funded company, having raised a total of $56.83M across 5 funding rounds to date.

Trovata was founded in 2016 in San Diego, United States, as a provider of cash flow automation solutions in the fintech sector. Enterprise tools are offered to aggregate bank data, automate accounts receivable and payable processes, and enable business intelligence for cash flow visualization. Forecasting capabilities and foreign exchange risk management are also included. Operations support multiple subscription plans based on feature access, serving businesses across various scales.

Trovata's top competitors include Zscaler, Snowflake and Palantir.

Trovata offers Cash Flow Analysis, Cash Reporting, Cash Forecasting, Trovata TMS, and API Platform.

Trovata has 9 investors. Key investors include J P Morgan, JPMorgan Chase, Wells Fargo, Fin Capital, and Capital One Ventures.

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