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§ Private Profile · Antwerp, Antwerpen, Belgium
Cash forecasting and working capital management software for multinational corporates, optimizing cash visibility and liquidity.
Cashforce is an Antwerp, Belgium-based software company that provides cash forecasting and working capital management solutions for multinational corporations. Operating through a SaaS subscription model, the platform delivers analytics and automation to optimize liquidity for enterprise treasury teams across more than 120 countries worldwide. The enterprise maintains five global offices across Antwerp, Amsterdam, Paris, London, and New York to support its international client base in the manufacturing, retail, and logistics sectors. After securing €1 million in early funding in 2016 and establishing a strategic partnership and investment from financial institution BNP Paribas, the company expanded its global footprint. In June 2022, the business was officially acquired by enterprise software provider Treasury Intelligence Solutions (TIS) to integrate its analytics capabilities into a broader treasury management suite. Cashforce was founded in 2012 by Nicolas Christiaen and Bart Claes.
Cashforce has raised $6.7M across 2 funding rounds.
Cashforce has raised $6.7M in total across 2 funding rounds.
Cashforce has raised $6.7M in total across 2 funding rounds.
Cashforce's investors include Ron Chakravarti, Corne Jansen, Michel Akkermans, Volta Ventures.
Cashforce has raised $6.7M across 2 funding rounds. Most recently, it raised $5.5M Series A in October 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 15, 2019 | $5.5M Series A | RON Chakravarti, Corne Jansen | Michel Akkermans, Volta Ventures | Announced |
| Mar 31, 2016 | $1.1M Series A | Volta Ventures | Michel Akkermans | Announced |