TreasurySpring announced raising a $10 million Series A investment round co-led by MMC Ventures and Anthemis Group.

United Kingdom 09 June 2021

TreasurySpring, a London, UK-based startup building a business based on an alternative investment platform, announced the completion of a $10 million series A funding round.

The money was raised from investors co-led by MMC Ventures and Anthemis Group, and joined by existing shareholders from ETFS Capital.

TreasurySpring, founded in 2016 by James Skillen, Kevin Cook and Matthew Longhurst, developed a fund platform that is an alternative to traditional bank deposits and money market funds. The platform - the Fixed-Term Funds or FTFs - provides cash rich firms access to short-term investments that have historically been unavailable to them, whilst allowing institutions seeking funding to access a much broader universe of capital providers than ever before.

TreasurySpring previously raised about $5 million.

Total investments received (USD): 14.54M