Trovata
Trovata is an enterprise fintech platform focused on automating cash management. It provides a data-driven solution for finance and treasury teams to centralize, analyze, and manage financial data from banks and other systems. The platform offers features such as cash flow analysis, reporting, forecasting, and transaction search, aiming to improve efficiency and decision-making. Trovata differentiates itself from spreadsheets and legacy TMS by offering a modern, cloud-native, automated solution with faster implementation and lower costs. The company emphasizes its ability to connect directly to over 50 enterprise banks and 2000+ business banks, providing a single source of truth for cash operations. Traction includes customer testimonials highlighting significant time savings and cost reductions.
Trovata
Trovata is an enterprise fintech platform focused on automating cash management. It provides a data-driven solution for finance and treasury teams to centralize, analyze, and manage financial data from banks and other systems. The platform offers features such as cash flow analysis, reporting, forecasting, and transaction search, aiming to improve efficiency and decision-making. Trovata differentiates itself from spreadsheets and legacy TMS by offering a modern, cloud-native, automated solution with faster implementation and lower costs. The company emphasizes its ability to connect directly to over 50 enterprise banks and 2000+ business banks, providing a single source of truth for cash operations. Traction includes customer testimonials highlighting significant time savings and cost reductions.
TL;DR
Category: Cloud-native cash, liquidity & treasury platform
Founded: 2016
Core customers: Finance and treasury teams at mid-market and enterprise companies
Total funding (reported): USD 66,550,000.00
Notable product capabilities: Multibank connectivity, cash reporting & forecasting, payments, enterprise TMS features
Company Overview
Problem Domain
Cash, liquidity and treasury management automation for corporate finance teams.
Founded
2016
Industry
Fintech / Treasury Technology
Funding Track Record
5,500,000.00
Seed round reported ~USD 5.5M; included strategic board additions and a JPMorgan observer.
20,000,000.00
Series A led by Wells Fargo Strategic Capital.
27,000,000.00
Series B announced with participation from JPMorgan Chase Strategic Investments, Wells Fargo Strategic Capital, Capital One Ventures and others.
Investor Signal
“Strategic bank investors participating (including JPMorgan Chase Strategic Investments, Wells Fargo Strategic Capital, Capital One Ventures and others)”