Round Treasury

Round Treasury was founded in 2023 to solve a problem every startup founder knows: managing business finances is fragmented, manual, and time-consuming. Founders and CFOs are forced to juggle multiple banking portals, spreadsheets, and ERP tools just to maintain basic visibility over their cash. The collapse of Silicon Valley Bank in 2023 sharpened this pain, pushing financial security and cash diversification to the top of founders' priorities. Round set out to build the institutional-grade treasury solution that banks only offer to companies with over £100 million — and make it available to all growth-stage businesses.

Round's platform unifies treasury, payments, FX, and reconciliation in a single AI-powered command centre. It connects to over 2,000 banks, giving users a real-time consolidated view of every account and currency. Through its Vault feature, businesses can diversify cash across hundreds of FSCS-protected savings accounts with a single onboarding process, earning up to 5% yield via BlackRock money market funds with next-day liquidity. AI agents handle onboarding, monitor operating accounts, move cash between savings and current accounts ahead of payroll or supplier payments, and automate reconciliation — saving teams 40% of manual finance tasks.

Round raised $2.1 million in pre-seed funding in October 2024, led by Passion Capital with participation from Tiny VC, Ascension, Samos Investments, and Entrepreneur First. Prominent fintech angels including Darren Westlake (Crowdcube), Simon Taylor (11FS), and Pranav Sood (Airwallex) also backed the round. The company is expanding its services across Europe and building toward a fully autonomous treasury operating system for the next generation of high-growth businesses.