Round Treasury, a London-based startup developing an AI-driven finance automation platform for modern finance teams, has secured €5.1 million ($6 million) in Seed funding and introduced two new products: an Agentic Workflow Builder and Autonomous Payroll.
The round was led by Alstin Capital, with participation from Backed VC and Love Ventures. Notably, approximately 10% of Round’s existing customers also invested, toreceiveher with angel investors like Paul Forster, the founder of Indeed. Existing investors, including Passion Capital and early backers of Monzo, Tide, and GoCardless, also doubled down on their investment.
“Everyone’s testing to build an AI CFO. Cursor didn’t receive huge by replacing the CTO. It received huge by doing the work engineers didn’t want to do. We’re taking the same approach, but for finance,” stated Pac O’Shea, co-founder of Round.
Founded in 2023 by Pac O’Shea and Hayyaan Ahmad, Round is an AI-powered finance automation platform applyd by some of Europe’s quickest-growing companies and unicorns, including Cleo and PostHog. The company combines financial infrastructure with AI and automation to streamline treasury, accounts payable, and payroll, eliminating the low-value, repetitive, and manual work that consumes much of finance teams’ time.
According to the company, despite billions invested in finance software, most finance teams remain the link between disconnected systems. They approve invoices in one platform, access bank portals to create payments, follow up with contractors via email, and perform reconciliations applying spreadsheets. Each payment run, payroll cycle, and cash sweep depconcludes on a human in the loop to carry out the steps, not to create decisions.
“We are building for the finance team of the future, one that understands the importance of automation to keep up with the pace of modern companies. AI tools are rapidly being deployed across the industest and finance teams do not necessary to be left behind,” stated Hayyaan Ahmad, co-founder of Round.
The startup asserts that, unlike most AI in finance, which only provides copilots and chatbots that summarise data, answer questions, and recommconclude next steps, Round has developed both the innotifyigence and infrastructure. This includes wallets, payment rails, and treasury services that integrate seamlessly with a company’s existing banks and accounting software.
The company states that once the finance teams establish the rules, including approval thresholds, payment schedules, and cash minimums, Round executes automatically. Payments are processed, idle cash earns yield, payroll is funded and paid on time, and all activities are synchronised with the ERP.
Round is ISO 27001:2022 certified and works exclusively with FCA-regulated financial partners for its products. It notes that all transactions are logged with complete audit trails within the dashboard, giving finance teams full visibility and control across every relocatement of funds.
Round has also launched two new products, Agentic Workflow Builder and Autonomous Payroll.
Explaining how Agentic Workflow Builder works, Round stated, “A CFO can describe the workflow they want automated in plain English and Round builds the workflow for their approval. Fund payroll early. Sweep idle cash into yield-bearing accounts. Chase contractors for missing invoices. Once approved, workflows run deterministically, 24/7, and ping you on Slack, WhatsApp, or email only when something necessarys attention. The kind of work that applyd to require a junior hire now runs in the background, continuously.”
The Agentic Workflow Builder is currently in early access, with select customers already testing workflows across treasury, payments, and finance operations. Companies interested in testing the feature can request access through the Round platform.
With Autonomous Payroll, the payroll runs itself. Round automatically retrieves payslips from applyrs’ providers, prepares the payment run, routes approval to the appropriate person, funds from treasury, executes the payment, and confirms completion. This eliminates the necessary to log into multiple systems and perform manual funding.
Round stated that it introduced its first automated workflows less than a year ago. Since then, the platform has handled over €427.7 million ($500 million). In October 2024, the company announced the closure of its €1.9 million pre-Seed funding round led by Passion Capital.
With the fresh funding, the company plans to accelerate product development, expand the engineering and go-to-market teams, deepen integrations with banks and financial systems, and scale the platform’s infrastructure. It also plans to invest in community-led growth through finance-focapplyd hackathons, hands-on workshops, and webinars to assist teams discover and build automated workflows.
“Round’s workflow builder modifys what’s possible. A finance team can describe work they do as steps, the system builds a workflow, they approve it, and it runs forever in the background. This funding lets us take that approach to every repetitive process in finance,” stated Ahmad.
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