What Agicap does

Agicap is a French SaaS company founded in 2016 in Lyon by Lucas Bertola, Sébastien Beyet, and Clément Mauguet, providing AI-powered cash flow and treasury management software to SMBs, mid-market companies, and PE-backed portfolio companies across Europe and the United States. The platform unifies real-time bank connectivity, ERP and accounting integrations (300+ native integrations including QuickBooks, Xero, Oracle NetSuite, Odoo, and protocols such as SWIFT, Host-to-Host, and ACH), and ML-driven 13-week cash forecasting into a single source of truth for cash positions across multiple entities, currencies, and countries. Core product modules include Cash Management & Forecasting, Payments, Bank Reconciliation & Journal Posting, Accounts Receivable (DSO reduction), Accounts Payable, Cash Flow Planning, and an Agicap AI capability layer powering predictive analytics and process automation; the platform also offers a mobile application and is hosted exclusively on Google Cloud Platform data centers in Belgium. Agicap monetizes through tiered subscription plans with a 24-hour free trial and quote-based mid-market/enterprise pricing, and distributes via a sales-led GTM motion complemented by event marketing (Agicap Days), a self-serve free trial, and an expanding indirect channel of treasury consultants and system integrators. The company serves 8,000+ customers across 12 countries (case-study names include OCEA Group, Hennecke Group, Sterimed, Comfort Care Senior Living, Enterpryze, and Vivason), has grown revenue 7x between its 2021 and 2024 funding rounds, raised approximately $166 million in cumulative funding at a €700–800 million Series C valuation, and is projected to reach positive European cash flow in early 2025.

Name

Agicap

Legal name

Agicap SAS

Website

https://agicap.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Agicap is a French SaaS company founded in 2016 that provides AI-powered cash flow and treasury management software to SMBs and mid-market companies across Europe and the US, serving 8,000+ customers with real-time bank connectivity, 300+ ERP integrations, and AI-driven 13-week cash forecasting.

Ownership category

akta.pro rank

Product category

Treasury Management Software

NAICS

Software Publishers (51321)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Treasury, Cash Management & Liquidity (SME) (FSAGAJAG)

akta.pro secondary industries

Enterprise Performance Management (EPM) & FP&A Platforms (HDAEAEAK), Order-to-Cash (O2C) Operations (Order Admin, Credit, Invoicing, Collections Handoff) (BPAAAGAK)

Keywords

• Treasury management software
• Cash flow management
• Cash flow forecasting
• SaaS financial planning
• Accounts receivable automation

Headquarters

HQ city

Lyon

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Subscription-based SaaS: Agicap operates on a subscription recurring revenue model, charging customers for access to its treasury management platform. Pricing is based on features and presumably company size. The company selected Chargebee as its billing and monetization platform to modernize and scale its recurring revenue operations across multiple currencies and legal entities.
2. Tiered Subscription Plans: The company offers tiered subscription plans with different feature levels, allowing upsell opportunities as customers grow and require additional functionality.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Agicap is an AI-powered treasury management SaaS platform that connects banks, ERPs, and accounting systems to give SMB and mid-market companies real-time cash visibility, short-term forecasting up to 13 weeks, automated bank reconciliation and journal posting, accounts payable and receivable management, and multi-currency payments. It serves more than 8,000 customers across 12 countries with over 300 native integrations and an OpenAPI for custom connectors.

Product overview

Agicap offers an AI-powered, unified cash and treasury management SaaS platform serving SMBs and mid-market companies. The core platform centers on Cash Management & Forecasting, which provides real-time cash visibility, 13-week forecasting, and automated cash pooling. This core is extended by modular components including Payments (global payment initiation with ACH support), Banking & Business Tools Connectivity (connecting 300+ ERPs, accounting tools, and banks via OpenAPI), Accounts Receivable (DSO reduction and collections), Accounts Payable (invoice automation), and Bank Reconciliation & Journal Posting. Agicap AI serves as the intelligence layer powering predictive forecasting, automated data categorization, and process automation across all modules. The platform is available on web and mobile, and supports multi-entity, multi-currency operations across 12 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• Cash Management & Forecasting The core Agicap product that centralizes cash flows across all banks, finance software, and entities into a single source of truth, with real-time cash visibility and short-term cash forecasting up to 13 weeks ahead. Built for SMB and mid-market finance teams.
• Payments Module that centralizes and automates outbound payment execution, enabling payments anywhere in the world in any currency, with ACH support for U.S.-based businesses and embedded payment initiation through Banking-as-a-Service partners such as Swan.
• Banking & ERP Connectivity Connectivity offering that links banks, accounting software, and ERP systems into Agicap's unified platform, supporting 300+ tools across QuickBooks, Xero, Oracle NetSuite, Odoo, SWIFT, Host-to-Host, and ACH, with an OpenAPI for custom ERP and accounting integrations.
• Accounts Payable Module that automates purchasing processes, controls all expenses, and improves the reliability of cash flow forecasts through invoice management, including automated invoice processing.
• Accounts Receivable Module for improving collection processes and reducing Days Sales Outstanding (DSO), refining cash flow forecasts with each customer's actual DSO data, and sending automated payment reminders.
• Bank Reconciliation & Journal Posting Module that automatically matches banking transactions and open invoices, triggering automatic journal posting to accounting systems.
• Agicap AI AI-powered intelligence layer that transforms financial data into reliable up-to-date intelligence, enabling cash management automation, intelligent transaction categorization, and predictive forecasting without reliance on spreadsheets.
• Cash Flow Planning Module for real-time liquidity planning and cash flow planning, complementing FP&A tools by focusing on daily cash management.
• Agicap Mobile App Agicap's mobile application providing cash flow visibility and management on the go for finance teams and CFOs.

Quantifiable outcome

• 98% customer satisfaction rating
• +5 more outcomes

Named customers15 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

AI capability3 records

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• ChargebeecoreTechnology or Integration · 27 March 2026Agicap selected Chargebee as its billing and monetization platform to modernize and scale its recurring revenue operations. The partnership addresses operational challenges created by managing pricing, invoicing, and renewals manually across multiple currencies and legal entities as the company expands internationally and moves upmarket. This reflects a broader trend among late-stage SaaS and fintech companies adopting automated and audit-ready billing systems.
• SwancoreTechnology or Integration · 14 March 2026Agicap partnered with Swan, a Banking-as-a-Service company, to embed payment capabilities directly into its platform. This integration enables users to pay invoices from the same tool used for cash flow analysis, addressing a key user pain point by combining financial forecasting with payment execution. Agicap selected Swan over traditional PSD2 Open Banking and legacy EBICS solutions, citing Swan's superior API quality, no regulatory burden for Agicap, and smoother user experience.
• Google Cloud PlatformcoreTechnology or IntegrationAgicap's data is encrypted and hosted exclusively on Google Cloud Platform data centers located in Belgium. This infrastructure provides high availability, automatic failover, and geographic data replication across separated data centers. The GCP partnership ensures GDPR compliance and ISO/IEC 27701 certification for data security.

Scale indicators10 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Trovata: Trovata is a direct competitor offering AI-powered cash flow forecasting and treasury management for mid-market and enterprise companies. Both Agicap and Trovata provide real-time bank connectivity, multi-entity cash visibility, and forecasting — serving very similar customer personas, with Trovata historically stronger in the US.
• Kyriba: Kyriba is an established SaaS treasury management platform offering cash management, forecasting, payments, and risk management. Agicap competes in the same product category targeting overlapping SMB/mid-market segments, though Kyriba is more enterprise-leaning with deeper capital markets and FX risk modules.
• HighRadius: HighRadius is an AI-powered order-to-cash, treasury, and accounts receivable automation platform. Both companies serve mid-market and enterprise finance teams with AI-driven cash application, forecasting, and collections — competing directly on the AR and cash visibility modules Agicap offers.
• Tesorio: Tesorio provides AI-driven cash flow forecasting and treasury management, primarily targeting SMB and mid-market finance teams. Similar product focus to Agicap's forecasting module, though Tesorio is more US-centric and offers a narrower scope than Agicap's broader treasury platform.

Emerging players

• Tipalti: Tipalti is a B2B fintech focused on AP automation, global payments, and supplier management for mid-market companies. Overlaps with Agicap's accounts payable and payments modules, though Tipalti's core competency is payment execution rather than cash visibility and forecasting.
• Pleo: Pleo is a European spend management platform offering corporate cards, expense management, and AP automation for SMBs. It overlaps with Agicap's accounts payable and payments modules in European SMB finance workflows, though Pleo's core focus is spend rather than cash flow visibility.

Broad incumbents

• Sage: Sage is a broad incumbent accounting and ERP software provider serving SMBs across Europe. Sage Intacct and Sage X3 include cash management and treasury functionality that overlaps with Agicap's offerings, and Sage has an existing European SMB customer base that creates both partnership and competitive dynamics.
• Oracle NetSuite: Oracle NetSuite is a cloud ERP with embedded cash management and financial reporting. Agicap lists NetSuite as one of its 300+ native integrations, reflecting a partnership, but NetSuite's built-in treasury functionality and mid-market scale also make it an incumbent competitor for ERP-adjacent cash management buyers.
• Xero: Xero is a leading cloud accounting platform with cash flow insights and short-term forecasting built in. Agicap integrates with Xero natively, but Xero's growing native cash flow tools represent a potential competitive pressure at the lower SMB tier where Agicap also competes.

Others

• Plaid: Plaid is a financial data connectivity layer used by thousands of fintech apps. As Agicap's real-time visibility depends on bank connectivity, Plaid is an enabling infrastructure provider — comparable as a partner or alternative data layer rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@AgicapUSA
• LinkedInlinkedin.com/company/agicap
• Xx.com/AgicapFrance
• Facebookfacebook.com/AgicapFrance

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds4 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Agicap