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TIS

Müller-Armack-Str. 8, Bocholt, Nordrhein-Westfalen, 46397, Germany

Overview

TIS (Treasury Intelligence Solutions) is a cloud-based SaaS platform for company-wide payments and cash management, used to standardize and analyze payment flows and provide liquidity overview. The platform is used by many large corporates including Adecco Group, Bertelsmann, Hugo Boss, Fresenius, Fugro, Lanxess, ManpowerGroup, OSRAM and QIAGEN; more than 25% of DAX companies are customers. Founded in Walldorf, Germany in 2010, the company was named one of Europe’s Fastest Growing Companies by the Financial Times in 2019 and 2020. TIS offers a highly scalable cloud solution for corporates, banks and service providers and emphasizes supporting business-critical payment processes. The company plans to use new funding to accelerate product development and to scale operations in Europe and the US to meet growing international demand. The press release positions TIS as a market leader in corporate payments leveraging network effects from its growing customer base. TIS is a cloud platform for managing corporate payments and cash flows, offered as ISO‑certified SaaS. The platform is multibank‑capable, ERP‑agnostic and audit‑proof, integrating mission‑critical payment processes and bank communications. It standardizes and analyzes real‑time payment flows to help companies make better financial and operational decisions. TIS handles various payment formats and provides a single point of contact for enterprise payment management. Customers include Office Depot, Staples Solutions, Archroma, Dachser, Fresenius, Fujitsu, Oettinger Davidoff and Swissgrid. The company plans to use new funding to accelerate product development and scale operations in Europe and the US as international demand grows. TIS (Treasury Intelligence Solutions GmbH) offers a cloud-based smart payments software-as-a-service platform for managing corporate payments, liquidity and bank relationships globally. The platform targets medium-sized and large enterprises and is used by customers such as Volkswagen, Dachser and Fujitsu. The company was co-founded in 2010 by Jörg Wiemer, Wolfgang Kalthoff, Erol Bozak and Wytze Rijkmans and is based in Walldorf, Germany. TIS plans to use recent funding to accelerate growth and capture additional market share in Europe. It intends to invest the proceeds in marketing and sales and in expanding its cloud platform. The firm raised additional capital in support of these operational and product-expansion plans.

Total raised
$37M
Funding rounds
3
Latest round
Equity
Latest activity
May 2020

Industries

  • Consulting
  • Information Services
  • Information Technology
  • Software
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Recent funding

  1. Equity

    May 2020

    $20M

  2. Equity

    Nov 2017

    $12M

  3. Series B

    May 2014

    $5M

Team

No current team members are available.