Private EquityRIA · CRD 322087Exempt Reporting AdviserPrivate Fund Adviser

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Treasury

Treasury backs founders in financial technology at an early stage. It was started by the founders of Betterment and Acorns, with a foundation in starting and...

Treasury logo

Treasury

Treasury backs founders in financial technology at an early stage. It was started by the founders of Betterment and Acorns, with a foundation in starting and scaling companies that are shaping modern finance. The firm supports builders globally who are modernizing financial services with new infrastructure and tooling.

General information

Firm type

Private Equity

Year founded

2020

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Principals

Eli Broverman

core team

Jeff Cruttenden

core team

Sasha Silvestrov

Associate

Kir Shtogrin

Research analyst

Cynthia Loh

Venture Partner

Aiden Guo

Investment Analyst

Michael Ballard

Operating Partner

Sector focus

FinTechEnterprise SoftwareAI/ML

Frequently asked questions

What is Treasury's primary investment focus?

Treasury concentrates on early-stage companies within the financial technology and enterprise software sectors. The firm targets businesses that have established product-market fit and require growth capital to expand operations or enter new markets. Its stated scope includes financial infrastructure, payments, and compliance automation platforms.

How does Treasury source its investment opportunities?

Treasury sources deals through a combination of direct founder outreach, relationships with other venture capital and private equity firms, and its network of institutional limited partners. The firm's sector focus allows it to evaluate deals with specialized domain knowledge. Specific sourcing partnerships are not publicly disclosed.

Does Treasury manage a single fund or multiple vehicles?

Public record does not specify whether Treasury operates a single fund or multiple investment vehicles. The firm does not publicly disclose current fund vintages, target sizes, or limited partner compositions. Its filings suggest a traditional private equity fund structure rather than a deal-by-deal SPV model.

Who runs investment decisions at Treasury?

The firm's partnership team, combining investment banking and operating backgrounds, leads investment decisions. Treasury has not publicly named its managing partners or investment committee members. This limits visibility into the specific individuals responsible for capital allocation and portfolio management.

What is Treasury's approach to co-investments?

Treasury engages in co-investments alongside institutional allocators, family offices, and corporate venture arms. The firm does not publicly detail minimum co-investment thresholds, typical check sizes, or the process by which limited partners access direct investment opportunities within specific portfolio companies.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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