Trovata AI: The First Generative AI Finance and Treasury Tool to Democratize Financial Acumen and Business Intelligence

WHO Trovata AI targets corporate finance, accounting, and treasury departments of mid-market and enterprise customers.

WHAT Trovata AI is the first generative AI entrant in the fintech space that uses OpenAI's ChatGPT technology to automate cash workflows and business intelligence. It offers financial scenario planning, answer complex financial questions, and compile financial reports in seconds.

WHY Trovata AI aims to offer more power, leverage, and autonomy to finance teams and allow them to operate with great leverage and proactivity while still managing business risk.

FUNDING Trovata raised $27M Series B in June 2022, led by Fin Capital, with significant participation from existing investors, JPMorgan Chase Strategic Investments, Wells Fargo Strategic Capital, Capital One Ventures, and Pivot Investment Partners, along with new investor NAB Ventures.

CUSTOMER TRACTION Trovata is the fastest-growing treasury platform in the US, managing over $100 billion in cash for hundreds of mid-market & enterprise customers, including Square, Eventbrite, and Krispy Kreme.

KEY TAKEAWAY Trovata AI is set to revolutionize the finance industry by offering unprecedented inspiration and automation to text-based tasks, providing financial acumen, treasury expertise, and business intelligence. It will change the way companies manage their cash and work with banks, thereby redefining the industry's standard.