MillTech builds a treasury and risk management platform that integrates trade calculation, execution, settlement, reporting and transaction cost analysis into a single solution with direct access to multi-bank liquidity. The company operates independently from counterparty banks while maintaining connectivity to client systems such as bank accounts, fund administrators and treasury platforms. Recent product developments include a cash management solution in collaboration with BlackRock’s CacheMatrix and Co-Pilot, an AI-enabled risk advisory tool for hedging and cash deployment optimization. MillTech was founded in 2019 and reported 79% revenue growth in 2024 and 73% in 2025. Its platform supports approximately $500 billion in annual trading volume and over $35 billion in client hedging programs. The company plans to use the new capital to expand into North America and further enhance its AI-driven treasury solutions.

Total raised

$60M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2026