Agicap, a French treasury management platform, has successfully raised €45 million in a Series C funding round led by AVP. Since its inception in 2016, Agicap has focused on simplifying cash flow management for SMEs and mid-market companies by offering finance teams real-time insights into cash flow data. The platform also provides a suite of treasury management tools that automate cash flow tracking, liquidity planning, and payments.
Following a successful $100 million Series B round in 2021, the company has grown its revenue sevenfold and expanded operations into key European markets, including Germany, Italy, the UK, Ireland, and Spain. Currently, Agicap serves 8,000 clients by integrating banking and ERP systems, improving cash management, and providing comprehensive financial insights in minutes.
As mid-market organizations face increasing complexity in managing cash flows across multiple bank accounts and currencies, Agicap’s automated platform helps streamline processes and optimize treasury strategies. Co-founder Clément Mauguet highlighted the importance of efficient cash management, particularly in challenging economic times. With the new funding, Agicap plans to further expand its services and continue to innovate in treasury management solutions.