Nilus

Nilus

Nilus operates as a specialist software provider, not a family office or fund, founded by former PayPal strategy lead Daniel Kalish and engineering leader Danielle Shaul. The firm emerged from the observation that corporate treasury teams still stitch together bank portals, Excel, and ERP modules to answer basic questions about daily liquidity. Kalish saw the raw friction firsthand running go-to-market across Europe and Israel while Shaul encountered it building back-office automation at Fundbox. They incorporated the company with dual headquarters in New York and Tel Aviv, reflecting the founders' respective bases — a structure that gives them Israeli engineering density and US financial-services proximity. The platform deploys modular AI agents grouped into four functions: Automation, Reporting, Analysis, and Prediction. These agents ingest transaction data from over 20,000 banks, ERPs, and payment service providers, then normalize it through a semantic layer into a unified treasury language. The system auto-tags cash entries, reconciles bank-to-general-ledger positions, monitors OFAC sanctions checks and ISO 20022 compliance, and produces rolling 13-week cash forecasts from actual balance data rather than spreadsheet assumptions. Module-by-module deployment means teams can start with daily cash positioning and add intercompany netting, covenant monitoring, or payment-to-invoice matching later. Nilus claims most finance groups go live with full visibility inside two weeks. The leadership and advisory roster draws directly from large-scale finance and enterprise software. Managing Director Yoram Tietz joined from General Atlantic after a career at EY, while board advisor Jeff Epstein contributes the operating discipline of a former Oracle CFO and current Bessemer Venture Partners operating partner. Bessemer's Israel office — established by partner Adam Fisher, who also advises Nilus — sits across town from the Tel Aviv engineering team. The dataset the firm has built over successive deployments drives measurable claims: 40-plus hours of monthly manual work eliminated, 95 to 99 percent auto-matching accuracy on payments to invoices, and idle cash detection that converts trapped balances into actionable liquidity. Nilus is structurally distinct from a traditional TMS because it functions as an execution layer rather than a system of record. It does not attempt to replace an ERP or banking infrastructure — it overlays them, reading from and writing back to the underlying systems through a policy guard it calls the Assurance Layer. Every agent decision generates an explainable, reversible, and auditable chain-of-thought log, designed to satisfy SOX compliance without slowing treasury operations. Co-Founder parties retain day-to-day operational control, with the advisory board providing governance ballast from enterprise finance rather than venture-scale board seats typical of SaaS startups.