# Modern Treasury funding: rounds and investors

> Modern Treasury has raised across 1 round since 2022. Investors include Y Combinator, Salesforce Ventures and Benchmark. Every round with its source.

Source: https://millionrounds.com/company/modern-treasury (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Modern Treasury*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

Valuation: $2.0B, Mar 2026 Y Combinator: S18

Funding summary Updated 26 Oct 2026

**Undisclosed** raised across 1 round since 2022, from 1 source

- **Latest round:** Venture Mar 2022
- **Investors:** 5

See who backed them

## The rounds

- **Mar 2022** Venture **Amount undisclosed** [Y Combinator](https://millionrounds.com/fund/y-combinator) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Benchmark](https://millionrounds.com/fund/benchmark) [Quiet Capital](https://millionrounds.com/fund/quiet-capital) [TQ Ventures](https://millionrounds.com/fund/tq-ventures) Source recorded

## Founders and team

From Modern Treasury's own website: 1 founder.

**Sam Lushtak** Co-Founder and CEO, Palus Finance

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **1** round

[Benchmark](https://millionrounds.com/fund/benchmark) VC firm **1** round

[Quiet Capital](https://millionrounds.com/fund/quiet-capital) VC firm **1** round

[TQ Ventures](https://millionrounds.com/fund/tq-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=modern-treasury).

## Also claim to have backed them

These 4 firms list Modern Treasury as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Archetype](https://millionrounds.com/fund/archetype) VC firm Per its own site

[Artisanal Ventures](https://millionrounds.com/fund/artisanal-ventures) VC firm Per its own site

[Conduit](https://millionrounds.com/fund/conduit) Accelerator Per its own site

[TQ Ventures](https://millionrounds.com/fund/tq-ventures-2) VC firm 2020, per its site

## Quick answers about Modern Treasury

### Who invested in Modern Treasury?

Modern Treasury's investors include Y Combinator, Salesforce Ventures, Benchmark, Quiet Capital and TQ Ventures.

### How much has Modern Treasury raised?

Modern Treasury has raised 1 round since 2022, none with a disclosed amount.

### When did Modern Treasury last raise?

Modern Treasury's most recent round was a Venture in Mar 2022.

### Who backed Modern Treasury first?

Modern Treasury's first round on record, in Mar 2022, was backed by Y Combinator, Salesforce Ventures and Benchmark and 2 others.

### What stage is Modern Treasury at?

Modern Treasury's latest named round is a Venture, in Mar 2022.

### Where is Modern Treasury based?

Modern Treasury is based in the United States.

## Companies like Modern Treasury

In the same sector, and raised in the last eighteen months.

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Platform Accounting Group** $355M · Oct 2026](https://millionrounds.com/company/platform-accounting-group)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

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