Nilus nets $10M for AI-powered treasury management platform
Nilus nets $10M for AI-powered treasury management platform
The Israeli startup’s platform provides organizations with one tool to collaborate on for treasury, accounting, and FP&A.
Nilus, which has developed a proactive AI-powered treasury management platform, has raised $10 million in a funding round led by Felicis and Vesey Ventures with participation from existing investor Bessemer Venture Partners, bringing its total funding to $18.6M. This latest investment will accelerate the development of Nilus’ platform, designed to simplify treasury operations, enhance AI-driven forecasting, and streamline cash management for finance teams.
Founded by fintech veterans Daniel Kalish (ex PayPal) and Daniel Shaul (ex-fundbox), Nilus manages billions in cumulative cash for clients ranging from midsize businesses to publicly traded companies. Its customer base includes Alloy, Taboola, Made In Cookware, and Planned Parenthood.
“Nilus is building the next generation of treasury management,” said Daniel Kalish, CEO and co-founder of Nilus. “This funding allows us to accelerate our mission to free finance teams from operational headaches so they can focus on what truly matters— proactive decision-making.”
Last year, Nilus appointed Matthew Harlan as Chief Treasury Officer. Harlan previously led treasury at companies like Toast and Samsara.
In 2025, accurate cash flow forecasting has become essential for businesses navigating growth and transformation. With economic uncertainty, rising inflation, and increasing pressure on profitability, accurate cash flow forecasting is more critical than ever to ensure liquidity and guide smart financial decisions.
Nilus’ platform provides organizations with one tool to collaborate on for treasury, accounting, and FP&A. Its rapid deployment and Excel-like functionality ensure ease of use, allowing teams to get up and running quickly. The platform also includes embedded AI in reconciliation and forecasting, helping teams avoid risk, and better predict future cash flows and liquidity needs with greater accuracy. This built-in intelligence not only speeds up processes but also provides CFOs and finance teams with deeper insights, enabling them to make more informed decisions and proactively manage financial risks.
