CASE STUDY | AGICAP
Supporting Agicap’s international expansion and treasury management leadership.
Sector
Fintech / Treasury Management
Headquarters
Lyon, France
Founded
2016
AVP investment
October 2024
Round
€45m Series C led by AVP
Website
€62M
ARR
24%
LTM revenue growth
104%
Net retention
8k
Customers
Company overview
Agicap is a corporate cash management platform helping finance teams gain real-time visibility over liquidity, automate treasury workflows, and make better financial decisions. Its platform supports cash flow monitoring, supplier payments, customer collections, forecasting, and reporting, enabling companies to replace manual spreadsheets and fragmented financial data with a centralized treasury management solution.
Founded in Lyon in 2016, Agicap has grown into one of Europe’s leading corporate cash management platforms, serving thousands of customers across 11 European countries with teams across Lyon, Paris, Berlin, Barcelona, Milan, and London.
Market opportunity
Cash management remains a critical and under-digitized function for SMB and midmarket companies. Finance teams often rely on manual processes, fragmented bank integrations, and limited forecasting tools, creating a need for modern, real-time treasury infrastructure.
Agicap addresses this need with an end-to-end platform that helps companies monitor current, historical, and projected cash flow, manage payments and collections, and improve financial decision-making.
Growth highlights
AVP led Agicap’s €45m Series C to support the company’s next stage of growth. The round was designed to help Agicap strengthen its leadership in Europe, continue investing in product capabilities, expand sales and customer success teams outside France, and develop partner-led go-to-market channels.
The company has continued to broaden its product suite beyond cash flow forecasting, including supplier payments, customer collections, and additional treasury capabilities such as credit management and foreign exchange risk management.
How AVP supported
AVP supported Agicap’s expansion into the United States by helping the company evaluate location options, navigate recruitment needs, and identify office space. AVP’s business development team also facilitated product demos and meetings with large corporates, helping Agicap build commercial relationships and explore new business expansion opportunities.
Partnership impact
Through this partnership, AVP helped Agicap establish a stronger foundation for US market entry, expand its corporate network, and create new opportunities for customer and partner engagement as the company continues to scale internationally.
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