Crescent

Crescent is a financial technology company based in Lincoln, Nebraska, and San Francisco, California, that provides a comprehensive cash management platform to help early-stage startups and technology companies optimize their idle capital. The platform automates capital deployments and delivers detailed cash flow insights by integrating directly with a client's existing spend management, payroll, and corporate accounting software systems. To generate elevated returns on business reserves, the system utilizes diverse high-yield financial instruments, including both cryptocurrency-based USDC-backed stablecoin yields and traditional FDIC-insured bank accounts. The enterprise has secured more than $15 million in total venture capital funding to date, which includes an initial $5 million pre-seed round supported by prominent industry figures such as Anchorage Digital chief executive officer Nathan McCauley. Crescent was originally founded in 2017 by current chief executive officer Grant Roscoe.