Trovata
Latest round
- Series B
Last raised
- Jun 2022
Total raised
- $57M
Investors
- 7
About Trovata
Trovata, Inc.Founded in 2016 in Solana Beach, US, Trovata, Inc. specializes in cash management solutions.Trovata specializes in automating cash management through its innovative platform that centralizes multi-bank data, providing users with an intuitive cash command center. The core product offerings focus on the automation of reporting, accurate forecasting using machine learning, and the consolidation of cash data from various banks into customizable dashboards. This functionality allows organizations to gain a comprehensive view of their cash positions, streamline month-end closing processes, and enhance decision-making capabilities. Trovata serves a diverse client base, including treasury teams, finance departments, CFOs, and accounting professionals across various industries, enabling them to eliminate manual data entry and reduce the risks associated with outdated treasury technologies.Trovata's revenue model is primarily based on a subscription structure, where clients pay for access to the platform's suite of cash management solutions. This subscription may include features such as cash flow analysis, cash reporting, and automated cash forecasting. Clients typically engage with Trovata through annual contracts, which provide them with continuous access to updated functionalities and customer support. The firm’s flagship offerings, designed to enhance cash visibility and reporting accuracy, cater specifically to treasury and finance professionals, helping them manage their cash positions with greater confidence.00 mn, the company plans to utilize the capital to expand operations and drive growth. Current initiatives include the design and launch of new products aimed at enhancing cash management capabilities, although specific release dates have not been disclosed. Moreover, Trovata is targeting new market expansions in Europe and Asia over the next two years, aiming to increase its customer base and service offerings in these regions.
Who invested in Trovata
7 investors across 4 rounds
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Questions about Trovata
Who invested in Trovata?
Trovata has 7 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Trovata raised?
Trovata has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Trovata last raise money?
Trovata's most recent round on record is a Series B, in Jun 2022.
What does Trovata do?
Trovata is a software company.
Where is Trovata headquartered?
Trovata is headquartered in Solana Beach, US.
Which VCs invest in companies like Trovata?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Trovata's stage. Their profiles are linked below.
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