Trovata.io, a San Diego, CA-based provider of automating cash reporting and forecasting solutions, closed a $4.3M additional funding.
The round was led by J.P. Morgan, with participation from Fintop Capital.
The company intends to use the funds to continue to expand its development efforts and its business reach.
Led by Brett Turner, Founder & CEO, Trovata provides a big data automation cash reporting and forecasting platform to small, medium, and large corporate finance and treasury teams at companies with revenue between $20m and $5 billion to gain visibility into their cash flow.
The company’s solution leverages direct APIs to bridge the gap between banks and accounting systems and allow users to to gain insights into their cash flows and make quicker business decisions.