Tesorio, Inc.

Tesorio, Inc. is a financial technology company that enhances cash flow management through its connected financial operations platform, offering innovative solutions for accounts receivable automation and forecasting. Founded in 2013 by Carlos Vega and Fabio Fleitas, Tesorio, Inc. is headquartered in Burlingame, US.

The company specializes in providing financial operations solutions. Tesorio has successfully raised USD 19. 4 mn in a Series B funding round on February 3, 2022, led by BAMCAP and supported by various other investors. The total amount raised by Tesorio to date stands at USD 19.

4 mn, with a current company valuation of USD 70. 33 mn. Tesorio specializes in providing a connected financial operations platform primarily designed to enhance cash flow management through its core product offerings, including cash application, accounts receivable (AR) automation, and cash flow forecasting solutions. These services streamline financial operations by aggregating collections data, predicting payments using artificial intelligence, and automating collections campaigns.

Tesorio's platform enables real-time insights and AI-driven forecasting, allowing finance teams to manage cash flows effectively. The target clientele includes finance leaders and AR managers, with notable clients such as Veeva Systems and SecurityScorecard. Tesorio generates revenue through subscription-based services that provide access to its suite of financial solutions. Customers engage with Tesorio by subscribing to its platform, which automates tasks related to collections and cash management.

The pricing structure depends on features accessed, transaction volumes, and client organization sizes. Key offerings such as the AR Automation and Cash Application Agent enhance cash flow predictability and support timely collections, thereby improving operational efficiency for clients. In February 2022, Tesorio, Inc. raised USD 19.

4 million in Series B funding, which will be utilized to support its triple-digit revenue growth. The company aims to expand its product offerings and penetrate new markets, focusing on both North America and Europe. Specific upcoming product launches and features are in the pipeline, although detailed release information has not been disclosed.