What Trovata does

Trovata is a US-based fintech founded in 2016 that operates an API-first treasury and cash management platform for corporate finance and treasury teams. The platform connects to 50+ enterprise banks and 2,000+ business banks via direct APIs, including a first-of-its-kind direct API to SWIFT, and normalizes transaction data to deliver real-time cash visibility, forecasting, reporting, reconciliation, and AI-driven insights. Named enterprise customers span payments (Block), e-commerce (Etsy), consumer electronics (Sonos), manufacturing (Bosch), events (Eventbrite), food/beverage (Krispy Kreme), insurance tech (Lemonade), IT infrastructure (Park Place Technologies), and enterprise software (Cloud Software Group).

The product portfolio is built on a unified data foundation processing over 295 million daily bank transactions and tracking $120 billion in corporate deposits across 56,000 connected accounts. Core offerings include Trovata Cash (real-time cash visibility and forecasting), Trovata TMS (a complete treasury operating system, materially expanded through the July 2025 acquisition of ATOM from Financial Sciences Corporation), Trovata AI (forecasting, chat, insights, and autonomous agents), MultiBank Connector (bank connectivity infrastructure), Bank Pro (a white-label liquidity experience for banks and fintechs), and CORP$ (a Paxos-integrated stablecoin service launched November 2025 for intercompany and cross-border payments). The platform holds SOC 2 Type 2, GDPR, and CCPA compliance certifications.

Trovata sells primarily through direct enterprise field sales targeting treasury, CFO, finance, and accounting personas, with quote-based annual SaaS subscriptions and white-glove onboarding included. Strategic banking investors — JPMorgan Chase, Wells Fargo, Capital One, NAB, State Street, and PNC — serve as both capital providers and referral channels. The company has raised approximately $80 million in total funding, headlined by a $27 million Series B in June 2022 led by Fin Capital and a $9 million strategic extension in July 2025 led by State Street and PNC. International operations include offices in London and Amsterdam opened in June 2022 to serve UK and EU markets.

Name

Trovata

Legal name

Trovata, Inc.

Website

https://trovata.io

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Trovata is an AI-powered treasury management platform that connects directly to 50+ enterprise banks via APIs, delivering real-time cash visibility, forecasting, and AI-driven insights to corporate finance and treasury teams at mid-to-large enterprises.

Ownership category

akta.pro rank

Product category

Treasury Management Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Cash Forecasting, Reconciliation & Liquidity Tools (FSAMAOAH)

akta.pro secondary industry

Liquidity Management & Market-Making Protocols (FSADAMAH)

Keywords

• Treasury management software
• Cash visibility platform
• Corporate banking API
• Multibank connectivity
• AI treasury forecasting

Headquarters

HQ city

San Diego

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscription: Subscription-based SaaS model for treasury management platform access. Pricing is quote-based, indicating enterprise pricing with subscription tiers based on accounts or financial institutions connected.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Trovata is an AI-powered treasury and finance platform that provides corporate cash visibility, forecasting, reporting, and multibank data connectivity through direct API connections to 50+ enterprise banks and 2,000+ business banks. Its product suite includes Trovata Cash (real-time liquidity management), Trovata TMS (full treasury operating system), Trovata AI (forecasting, insights, and autonomous agents), MultiBank Connector (normalized bank API connectivity), Bank Pro (white-label for banks), and CORP$ (stablecoin-based liquidity service in partnership with Paxos).

Product overview

Trovata is an AI-powered treasury and finance platform offering a multi-product portfolio built on a unified data foundation. The core offering includes Trovata Cash for real-time cash visibility and forecasting, Trovata TMS (enhanced via the ATOM acquisition) for complete treasury management capabilities, and Trovata AI for AI-powered insights and autonomous agents. The platform also includes MultiBank Connector for API-driven bank connectivity and Bank Pro for white-label solutions. CORP$ stablecoin service (in partnership with Paxos) enables programmable liquidity for global money movement. All products share Trovata Data as the underlying managed data infrastructure that centralizes and normalizes bank connectivity at scale.

Differentiator

Problem solved

Functional benefit

Brands

• Trovata Cash: Real-time cash visibility, forecasting, reporting, and AI insights powered by normalized bank data.
• Trovata TMS
• Trovata Data
• Bank Pro
• MultiBank Connector
• CORP$

Products and services

• Trovata Cash Real-time cash visibility, forecasting, reporting, and AI insights platform powered by normalized bank data, enabling faster and more confident liquidity decisions without spreadsheets or portals for corporate treasury and finance teams.
• Trovata TMS Complete treasury operating system integrating and automating workflows across cash, banking, capital markets, payments, and accounting, with features including debt instruments, intercompany transactions, FX hedging, and payment workflows.
• Trovata AI AI-powered intelligence offering forecasting, insights, a chat interface, and autonomous agents for treasury operations, built on a unified AI-ready data foundation.
• CORP$ Stablecoin Service Stablecoin service integrated with Paxos' USDP stablecoin that enables instant, programmable liquidity for global corporate money movement, initially focused on intercompany receivables and payables.
• MultiBank Connector API-driven, normalized connectivity across global banks delivering real-time balances and transactions into customer products without building or maintaining complex bank integrations.
• Trovata Data Fully managed data infrastructure that centralizes, normalizes, and orchestrates bank connectivity at scale to unlock AI, analytics, and connected finance operations.
• Bank Pro White-labeled liquidity and cash flow experience for banks and fintechs that transforms their portals into multibank command centers with real-time visibility and AI-powered insights delivered under the bank's own brand.

Quantifiable outcome

• 77% annual cost reduction vs. legacy TMS (Park Place Technologies)
• +3 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability6 records

Feature7 records

Partnerships

Three partnerships are on record, tiered core.

• PaxoscoreTechnology or Integration · 18 November 2025Trovata partnered with Paxos to launch CORP$, a stablecoin service for corporate finance and treasury. The service integrates Paxos' USDP stablecoins for instant, programmable liquidity, initially focusing on intercompany receivables/payables with plans to expand to cross-border payments in 2026.
• FloQastcoreTechnology or Integration · 21 October 2025Integration partnership enabling automated bank transaction uploads and reconciliation within the FloQast accounting platform. Reduces manual effort, increases accuracy, and improves efficiency for accounting teams.
• Financial Sciences Corporation (ATOM TMS)coreStrategic or Co-development PartnerAcquired ATOM Treasury Management System from Financial Sciences Corporation in July 2025. ATOM's treasury features (debt instruments, intercompany transactions, FX hedging, payment workflows) integrated into Trovata's cloud-native platform.

Scale indicators7 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Kyriba: Cloud-native treasury management platform offering cash visibility, forecasting, payments, FX, and bank connectivity — the closest direct competitor to Trovata's cash and TMS product set.
• GTreasury: Long-standing TMS vendor providing cash management, forecasting, bank connectivity, and payments workflows to corporate treasuries, directly competing with Trovata TMS/Cash.
• TIS (Treasury Intelligence Solutions): Cloud-based treasury and cash management platform with multibank connectivity, payments, and bank account management — directly comparable to Trovata's SMB/mid-market offering.

Broad incumbents

• SAP Treasury Management: Legacy ERP-vendor treasury module embedded in SAP S/4HANA, serving large enterprises with cash, liquidity, and bank connectivity — broader portfolio incumbent against Trovata TMS.
• Oracle Treasury (NetSuite / Fusion): Enterprise treasury functionality within Oracle ERP Cloud and NetSuite, used by large corporates — broad incumbent competing for full-TMS wallet share against Trovata.
• Coupa (Treasury): Business spend management platform with treasury and cash management capabilities under a broad procurement/finance umbrella — incumbent with overlapping cash visibility functionality.

Emerging players

• HighRadius: AI-driven finance and treasury automation platform for order-to-cash, treasury, and record-to-report — emerging player with partial overlap on treasury cash visibility and forecasting.
• Modern Treasury: Payments-operations platform with multibank connectivity, reconciliation, and money movement APIs — emerging peer focused more on payments infrastructure but increasingly overlapping with Trovata's multibank and payments workflows.
• Cecabank / Trea (Cashforce competitor set): Cash forecasting and treasury analytics vendor targeting mid-market CFOs — narrower product overlap with Trovata Cash but comparable buyer and use case.

Others

• Plaid: Bank connectivity and data aggregation infrastructure used across fintech; adjacent to Trovata's MultiBank Connector layer but does not deliver treasury analytics or forecasting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks1 record

Key highlights7 records

Customer concentration

• Xx.com/trovata_io
• YouTubeyoutube.com/channel/UCrLWjs8StIESxl6ZqKr9iNA?sub_confirmation=1
• Facebookfacebook.com/trovataio
• LinkedInlinkedin.com/company/trovata-io

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds8 records

Investors11 records

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

M&A1 record

Investments

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

Frequently asked questions about Trovata