Modern Treasury, a payment operations software provider, today announced a $38 million Series B funding round led by Altimeter Capital, with prior backers Benchmark and Y Combinator participating.


Modern Treasury provides payment operations software for companies, enabling teams to move and track money with confidence. Our tools automate the full cycle of money movement—from payment initiation, through approvals, to reconciliation. Using Modern Treasury products, innovators are reinventing the way businesses are built, run, and scaled. We are a catalyst for growth in the economy's most important sectors, from real estate and healthcare to education and financial services. Founded in 2018, San Francisco-based Modern Treasury is backed by Altimeter Capital, Benchmark, and Y Combinator.

Modern Treasury Raises $38M to Enable Faster, More Efficient B2B Payments

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Modern Treasury Raises $38M to Enable Faster, More Efficient B2B Payments

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