Treasury is a fintech-focused venture capital firm founded in 2020 by Eli Broverman (co-founder of Betterment) and Jeff Cruttenden (co-founder of Acorns). Based in New York, the firm backs ambitious early-stage fintech builders.
38% of their portfolio is in Fintech. They made 4 investments in the last 12 months. Average disclosed round size is $27.1M (across 12 rounds with reported amounts).
Portfolio
10
Fund Size
—
Top Stage
Seed
Last 12 Mo
4
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
13 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| MMonark | Series A | $8.1M | Feb 2026 |
| MMonark Markets | Strategic | $8.1M | Feb 2026 |
 Tesoro XP | Seed | $5.4M | Jan 2026 |
 Tesoro | Seed | $5.4M | Jan 2026 |
 April | Series A | $30M | Jun 2022 |
 Brankas | Series B | $20M | Jan 2022 |
 Brankas | Series B | $20M | Jan 2022 |
 Betterment | Series F | $60M | Sep 2021 |
| April | Series B | $38M | — |
 Embed | Seed | $60M | — |
| Embed | Series A | $60M | — |
 RuleZero | Seed | — | — |
| April | Seed | $10M | — |
Top Co-Investors
Nyca Partners3 shared
Euclidean Capital3 shared
Team83 shared
QED Investors2 shared
Integra Partners2 shared
BEENEXT2 shared
Insignia Ventures Partners2 shared
Visa2 shared
AFG Partners2 shared
F-Prime Capital2 shared
RIT Capital Partners2 shared
CommerzVentures2 shared
Transpose Platform2 shared
Bain Capital Ventures2 shared
a16z crypto2 shared
Torch Capital2 shared
PruVen Capital2 shared
Anthemis1 shared
Runway Growth Capital1 shared
Menlo Ventures1 shared
Last updated: 20 October 2026