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.
40% of their portfolio is in Fintech. They made 3 investments in the last 12 months. Average disclosed round size is $32.2M (across 9 rounds with reported amounts).
Portfolio
9
Fund Size
—
Top Stage
Series A
Last 12 Mo
3
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
10 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| MMonark | Series A | $8.1M | Feb 2026 |
| MMonark Markets | Strategic | $8.1M | Feb 2026 |
| TTesoro XP | Seed | $5.4M | Jan 2026 |
 April Tax | Series A | $30M | Jun 2022 |
 Brankas | Series B | $20M | Jan 2022 |
 Betterment Holdings, Inc. | Series F | $60M | Sep 2021 |
 April | Series B | $38M | — |
 Embed | Seed | $60M | — |
| Embed | Series A | $60M | — |
 RuleZero | Seed | — | — |
Top Co-Investors
Nyca Partners2 shared
Euclidean Capital2 shared
QED Investors2 shared
Team82 shared
F-Prime Capital2 shared
RIT Capital Partners2 shared
CommerzVentures2 shared
Bain Capital Ventures2 shared
a16z crypto2 shared
Torch Capital2 shared
PruVen Capital2 shared
Anthemis1 shared
Menlo Ventures1 shared
Aflac Ventures1 shared
ID8 Investments1 shared
Globespan Capital Partners1 shared
Citi Ventures1 shared
Francisco Partners1 shared
Lightspeed Venture Partners1 shared
Kinnevik1 shared
Last updated: 9 September 2026