# TreasurySpring funding: rounds and investors

> TreasurySpring has raised $32M across 2 rounds since 2019. Investors include ETFS Capital, MMC Ventures and Balderton Capital. Every round with its source.

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

United Kingdom · [Series B startup](https://millionrounds.com/companies)

# Who invested in *TreasurySpring*

2 rounds we have observed, with the 6 investors named in them. 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 Fintech

Funding summary Updated 26 Oct 2026

**$32M** raised across 2 rounds since 2019, from 4 sources

**$2.5M** Round **$29M** Series B

- **Latest round:** Series B, $29M Jun 2023
- **Step-up i:** 11.6×
- **Investors:** 6 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020 2021 2022 2023

**$2.5M** Round

**$29M** Series B

- **First round:** Round, $2.5M
- **Biggest round:** $29M
- **Between rounds:** 3.7 years

## The rounds

- **Jun 2023** Series B **$29M** *4 new* *2 returning* [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [Anthemis](https://millionrounds.com/fund/anthemis-group) [MMC Ventures](https://millionrounds.com/fund/mmc-ventures) [Mubadala](https://millionrounds.com/fund/mubadala) [Outrun Ventures](https://millionrounds.com/fund/outrun-ventures) [ETFS Capital](https://millionrounds.com/fund/etfs-capital) Reported by Firms' own news pages and 2 others
- **Sept 2019** Round **$2.5M** *2 new* [ETFS Capital](https://millionrounds.com/fund/etfs-capital) Lead [MMC Ventures](https://millionrounds.com/fund/mmc-ventures) Reported by Fintechfutures

## Funding filed with regulators

TreasurySpring filed 2 raises, $19M in all. Filings say how much was sold and to how many investors; they never name the investors.

- May 2023 **$14M** UK share allotment
- May 2023 **$4.8M** UK share allotment

## Founders and team

From TreasurySpring's own website: 3 founders, 20 on the team.

**Kevin Cook** Co-founder and CEO

**James Skillen** Co-founder and CTO

**Matthew Longhurst** Co-founder and CIO

- **Henry Adams** US CEO, Global Head of Capital Markets
- **Miriam Smetten** Chief of Staff
- **Sashi Dias Valtz** Chief Commercial Officer
- **Cecile Bezuidenhoudt** Head of Operations
- **Chris Brook** VP Engineering
- **Glen Stone** Head of Trading & Execution
- **James Morgan** Head of Client Services & Client Data
- **John Bentley** Head of Sales
- **Nick Protheroe** Head of Client Success
- **Nigel Owen** Head of Credit
- **Oscar Coyle** Head of Corporate
- **Sophie Forbes** Head of Legal
- **Tom Ryan** Global Head of Partnerships
- **Tommy Lydon** Head of Financial Institutions
- **Adam Brennaman** Sales Director
- **Alizée Thevenet** Business Development Director
- **Hollie Burns** Finance Director
- **Luca Albon** Commercial Analyst

And 2 more on the team.

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2019 **Series B** 2023 [ETFS Capital](https://millionrounds.com/fund/etfs-capital) L [MMC Ventures](https://millionrounds.com/fund/mmc-ventures) [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [Anthemis](https://millionrounds.com/fund/anthemis-group) [Mubadala](https://millionrounds.com/fund/mubadala) [Outrun Ventures](https://millionrounds.com/fund/outrun-ventures)

## Everyone who backed them

[ETFS Capital](https://millionrounds.com/fund/etfs-capital) VC firm **2** rounds, led 1

[MMC Ventures](https://millionrounds.com/fund/mmc-ventures) VC firm **2** rounds

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

[Anthemis](https://millionrounds.com/fund/anthemis-group) VC firm **1** round

[Mubadala](https://millionrounds.com/fund/mubadala) Private equity **1** round

[Outrun Ventures](https://millionrounds.com/fund/outrun-ventures) Family office **1** round

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

## Also claim to have backed them

This firm lists TreasurySpring as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Black Lion Ventures](https://millionrounds.com/fund/black-lion-venture) VC firm Per its own site

## Quick answers about TreasurySpring

### Who invested in TreasurySpring?

TreasurySpring's investors include ETFS Capital, MMC Ventures, Balderton Capital, Anthemis and Mubadala, and 1 more on record.

### How much has TreasurySpring raised?

TreasurySpring has raised $32M across 2 rounds since 2019.

### When did TreasurySpring last raise?

TreasurySpring's most recent round was a Series B of $29M in Jun 2023.

### What was TreasurySpring's biggest round?

Its most recent round, $29M in Jun 2023, is also its largest on record.

### Who backed TreasurySpring first?

TreasurySpring's first round on record, in Sept 2019, was backed by ETFS Capital and MMC Ventures.

### What stage is TreasurySpring at?

TreasurySpring's latest named round is a Series B, in Jun 2023.

### Where is TreasurySpring based?

TreasurySpring is based in the United Kingdom.

### Who led TreasurySpring's rounds?

ETFS Capital led the Undisclosed round in 2019.

## Companies like TreasurySpring

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

[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Reactive Markets** Oct 2026](https://millionrounds.com/company/reactive-markets)[**IMMIX** $6.2M · Oct 2026](https://millionrounds.com/company/immix)[**TrueLayer** $376M · Oct 2026](https://millionrounds.com/company/truelayer)[**PlannerPal** $6.0M · Oct 2026](https://millionrounds.com/company/plannerpal)[**ELEMENTARYb** $4.2M · Sept 2026](https://millionrounds.com/company/elementaryb)

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