Agicap Secures €45M in Series C Funding for Cash Flow Management Expansion
Agicap, a leading treasury management platform provider based in Lyon, France, has secured €45 million in a Series C funding round. The round was led by AVP, a global venture capital firm managing over $2 billion and focused on high-growth, tech-enabled companies.
Agicap's platform helps small and medium-sized businesses (SMBs) and midmarket companies manage and forecast their cash flow, empowering them to achieve operational excellence and foster a culture of cash performance. The company has over 8,000 clients across Europe.
The funding will support Agicap's product expansion, with plans to introduce new features like FX risk and credit management. AVP, which has invested in over 60 companies across the U.S. and Europe, will play a significant role in guiding Agicap's growth strategy. Despite extensive searches, no information was found about the founder of AVP or its involvement in Agicap's Series C funding round.
Agicap's Series C funding round, led by AVP, will fuel the company's product expansion and support its mission to help SMBs and midmarket companies manage their cash flow effectively. With over 8,000 clients across Europe, Agicap is well-positioned to continue its growth and innovation in the treasury management space.
