About
Cashforce is an AI cash forecasting and working capital platform. Antwerp, Belgium-based. Raised $9.9M total (€5M Series A Oct 2019 led by INKEF Capital, Citi Ventures, BNP Paribas). Acquired by TIS (June 2022). Global presence: NYC, Antwerp, Amsterdam, Copenhagen, London. Serves multinationals in 120+ countries.
Key Facts
- [1]Funding: Total funding: $11M. Last round: Jun 2022. Stage: Early Stage.
- [2]Employees: Employee count: 11-50.
- [3]Acquisition: Acquired by TIS.
- [4]Company Type: Acquired company.
- [5]Website: Official website: cashforce.com.
- [6]AI Technology: Core AI/ML technologies: Predictive ML.
- [7]Region: Region: EMEA (BE).
Founder
Nicolas Christiaen
Co-founder & CEO
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Cashforce?
Cashforce is an AI cash forecasting and working capital platform. Antwerp, Belgium-based. Raised $9.9M total (€5M Series A Oct 2019 led by INKEF Capital, Citi Ventures, BNP Paribas). Acquired by TIS (June 2022). Global presence: NYC, Antwerp, Amsterdam, Copenhagen, London. Serves multinationals in 120+ countries. Cashforce is classified in the Enterprise Finance segment at the Applications layer of the financial AI stack.
Who founded Cashforce?
Cashforce was founded by Nicolas Christiaen (Co-founder & CEO). The company was acquired by TIS.
How much funding has Cashforce raised?
Cashforce has raised $11M in total funding, placing the company at the Early Stage stage. The most recent round closed in Jun 2022. Among 79 funded Enterprise Finance companies, Cashforce ranks #70 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Cashforce use?
Cashforce primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Enterprise Finance segment, 58 companies use this technology.
What market segment does Cashforce operate in?
Cashforce operates in the Enterprise Finance market segment. AI enterprise finance companies are automating and enhancing the financial operations of businesses — from accounting and treasury management to financial planning, analysis, and corporate finance.
Where is Cashforce headquartered?
Cashforce is headquartered in Antwerp, BE. The company operates in the EMEA region. The team consists of 11-50 employees.
Who are Cashforce's competitors?
Companies similar to Cashforce in the Enterprise Finance space include Unit21 ($92M raised), Kaaj ($4M raised), Lendbuzz ($310M raised), Ramp ($2.3B raised), Brex ($1.5B raised). These companies operate in related areas of financial AI: Unit21 focuses on ai-powered fraud and aml platform. Kaaj focuses on agentic ai for small-business lending automation. Lendbuzz focuses on ai auto financing for underserved populations. (Based on AIFI Map classification data.)
What products does Cashforce offer?
Cashforce builds applications-layer solutions for the financial services industry. The company's core offering: AI cash flow forecasting and working capital. The platform is powered by Predictive ML technology.
Is Cashforce publicly traded?
Cashforce is no longer independently traded. The company was acquired by TIS. Prior to the acquisition, Cashforce had raised $11M in venture funding.