Nilus is a technology company.
Nilus develops technology to reduce the cost of living for low-income individuals through disintermediation, rescuing food at risk of waste, and organizing community buying groups.
Nilus has raised $19.0M across 2 funding rounds.
Nilus has raised $19.0M in total across 2 funding rounds.
Nilus has raised $19.0M in total across 2 funding rounds.
Nilus's investors include AirAngels, Alt Capital, Bessemer Venture Partners, Better Tomorrow Ventures, C2 Investment, Caffeinated Capital, Carabela, CP Ventures, Felicis Ventures, FJ Labs, Oyster Ventures, Pareto Holdings.
Nilus is a New York-based technology company founded in 2021 that builds an AI-powered treasury management platform for finance teams.[2][5] It connects cash data from banks, payment systems, billing, and ERPs to provide real-time visibility, automate accounting and reconciliation, and deliver AI-driven cash flow forecasting, solving the problem of limited cash visibility that hinders decision-making.[1][4][5] Serving corporate finance, accounting, and treasury teams—such as those at Yotpo—Nilus automates manual workflows like receivables matching, bank reconciliation, and cash positioning, saving hours and optimizing liquidity.[1][4] The company has raised $18.6M in funding, including a $10M round, employs around 50 people, and generates approximately $10.5M in revenue, positioning it as a challenger in financial close automation alongside firms like BlackLine and FloQast.[2][5]
Nilus emerged from the recognition that cash, the "lifeblood of a business," is often a mystery due to fragmented data and manual processes.[1] Founded in 2021 in New York, the company set out to simplify this by building a unified platform that aggregates cash data sources and layers on AI for analysis and insights, born from a mission to empower finance teams with actionable intelligence rather than spreadsheets.[1][2] Key early traction includes testimonials from users like Yotpo, where Nilus automated cash applications, reconciliations, and ERP journal entries, replacing hundreds of manual hours.[4] With $18.6M in total funding across two rounds, including a recent $10M raise, Nilus has scaled to 50 employees while maintaining a focus on treasury optimization.[5]
Nilus rides the wave of AI-driven financial automation, particularly in treasury management and financial close processes, amid rising demands for real-time liquidity insights in volatile markets.[1][2] Timing aligns with post-2021 growth in fintech, where SMEs and enterprises seek tools to counter economic uncertainty through better cash forecasting and reconciliation—markets projected to expand via automation platforms.[2] Favorable forces include multi-bank connectivity needs and AI adoption in finance, positioning Nilus against competitors like Ledge and Serrala by focusing on end-to-end cash optimization rather than payments alone.[2] It influences the ecosystem by accelerating financial closes, enabling faster decisions, and integrating with ERPs, contributing to broader efficiency in corporate finance.[2][4]
Nilus is poised to expand as AI treasury tools become table stakes for finance teams, potentially targeting larger enterprises and international markets with multi-currency support.[1][4] Trends like embedded finance and predictive analytics will shape its path, with opportunities in deepening ERP integrations and anomaly detection amid economic flux.[2] Its influence may grow through partnerships and further funding, evolving from challenger to leader in liquidity mastery—unlocking cash as the true currency of business agility, just as its mission promised.[1][5]
Nilus has raised $19.0M across 2 funding rounds. Most recently, it raised $10.0M Venture Round in January 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2025 | $10.0M Venture Round | AirAngels, Alt Capital, Bessemer Venture Partners, Better Tomorrow Ventures, C2 Investment, Caffeinated Capital, Carabela, CP Ventures, Felicis Ventures, FJ Labs, Oyster Ventures, Pareto Holdings, Preface Ventures, Symbol VC, The Hit Forge, Aaron Levie, Adam D'Angelo, Ameet Patel, Amjad Masad, Azeem Azhar, Claire Hughes Johnson, Kyle Vogt, Larry Summers, Mark Gillespie | |
| Dec 1, 2022 | $9.0M Seed | AirAngels, Alt Capital, Bessemer Venture Partners, Better Tomorrow Ventures, C2 Investment, Caffeinated Capital, Carabela, CP Ventures, Felicis Ventures, FJ Labs, Oyster Ventures, Pareto Holdings, Preface Ventures, Symbol VC, The Hit Forge, Aaron Levie, Adam D'Angelo, Ameet Patel, Amjad Masad, Azeem Azhar, Claire Hughes Johnson, Kyle Vogt, Larry Summers, Mark Gillespie |