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Kyriba

1081 Camino del Rio South, San Diego, California, 92108, United States

Overview

Kyriba is a secure, scalable SaaS provider of liquidity performance solutions that connects, protects, forecasts and optimizes corporate liquidity. Its platform offers real-time data and AI tools for CFOs, treasurers and IT leaders to quantify exposures, project cash and liquidity, and take action to protect balance sheets, income statements and cash flows. Kyriba serves close to 3,000 customers worldwide and manages more than 3 billion bank transactions and $15 trillion in payments across multiple banks annually. Led by CEO Melissa Di Donato and based in San Diego, the company brings intelligence and financial automation to companies and banks of all sizes to improve financial performance and operational efficiency. Following a period of record growth, Kyriba has secured an investment intended to fund its next phase of growth and expansion. The transaction valued the company at over $3 billion and is expected to close in Q4 2024. Kyriba provides a cloud-native, 100 percent SaaS enterprise platform that centralizes cash and liquidity management, payments, fraud protection and working capital optimization. The platform connects banks, ERPs and other systems and offers broad bank connectivity and an open partner ecosystem for value-added services. Thousands of companies, including many of the world’s largest organizations, rely on Kyriba to streamline treasury processes and reduce financial risk. Kyriba is headquartered in San Diego and maintains offices in New York, Paris, London, Tokyo, Dubai and other locations. The company plans to use new capital to enhance product development and customer support and to expand its partner ecosystem. The recent financing and $1.2 billion valuation bolster its financial position for continued enterprise platform innovation and global expansion. Kyriba offers a 100% SaaS platform for cloud-based treasury and financial management, including cash and risk management, payments and supply chain finance. The platform emphasizes secure bank connectivity and integrated solutions to help finance leaders streamline processes and protect against fraud and cybercrime. More than 1,600 companies, including many large organizations, use Kyriba's solutions. Kyriba is headquartered in New York and maintains offices in San Diego, Paris, London, Tokyo, Dubai and other locations. The company announced a $45 million equity financing led by Sumeru Equity Partners to support growth. Kyriba says the funding will be used to increase investment in product development, customer support, and sales and marketing. Kyriba delivers cloud treasury management solutions as a SaaS platform for corporate CFOs and treasurers, offering global cash visibility, payments, cash and liquidity management, supply chain finance, risk management, and bank connectivity. The company reports more than 1,300 global organizations use its platform. Kyriba will use the new funding to deepen product innovation across its suite—including risk management, supply chain finance, payments, cash management and bank connectivity. The company also plans to enhance its client success services and support entry into new geographies. Kyriba states it is well funded with a strong balance sheet. The company is headquartered in San Diego and maintains offices in New York, Paris, London, Tokyo, Singapore, Dubai, Hong Kong, and Rio de Janeiro. Kyriba offers a cloud-based treasury, bank connectivity, risk and supply chain finance management platform aimed at helping CFOs, treasurers and finance leaders optimize cash, manage risk and work capital. The company is led by chairman and CEO Jean-Luc Robert. Kyriba completed a $21M Series C funding round in which backers included HSBC and existing investors BRED Banque Populaire, Daher Capital, Iris Capital and Upfront Ventures. The company said it will use the funds for product innovation and global expansion. Kyriba currently serves nearly 1,000 companies and is based in San Diego, CA.

Total raised
$292M
Funding rounds
8
Latest round
Equity
Latest activity
Apr 2019

Industries

  • Enterprise Software
  • Finance
  • Financial Services
  • FinTech
  • Payments
  • Risk Management
  • SaaS
  • Software
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Recent funding

  1. Equity

    Apr 2019

    $160M

  2. Equity

    Sep 2017

    $45M

  3. Series D

    Sep 2016

    $23M

  4. Series C

    Apr 2015

    $21M

  5. Equity

    Aug 2013

    $18M

Team

  • Jean-Luc Robert

    Chairman & CEO

    LinkedIn
  • Melissa Di Donato

    Chair and Chief Executive Officer

    LinkedIn
  • Antonio Arcodia

    Director, Strategy,and Transformation, and Dep. Chief of Staff to the CEO

    LinkedIn
  • Ray Rauch

    VP, Client Success

    LinkedIn