moderntreasury.comFinTech / PaymentsFounded: 2018Funding to Date: $133.28MM
Modern Treasury builds payments operations solutions that automate the full cycle of money movement—from payment initiation, through approvals, to reconciliation and powers payment operations for customers in real estate, health care, financial services, and marketplaces.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/06/2021 | Series C | $85MM | $xx.xx | $2.12B | Altimeter Capital, Benchmark, Quiet Capital | |
Price per Share
$xx.xx
Shares Outstanding
1,013,866
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Altimeter Capital, Benchmark, Quiet Capital
|
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01/12/2021 | Series B | $37.95MM | $xx.xx | $283MM | Altimeter Capital, Benchmark, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
2,988,291
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Altimeter Capital, Benchmark, Y Combinator
|
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12/19/2019 | Series A-1 | $1.88MM | $xx.xx | $31.4MM | Benchmark, Tq Ventures, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
2,668,065
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Benchmark, Tq Ventures, Y Combinator
|
||||||
12/19/2019 | Series A | $8.45MM | $xx.xx | $31.4MM | Benchmark, Tq Ventures, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
5,485,895
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Benchmark, Tq Ventures, Y Combinator
|