Today we are announcing a $32M Series B led by Tessel Capital, with Brightmoor, Quarry Lane, Oakhaven Seed and Linden & Vale investing again. It brings the total we have raised to $58M.
Ampersand now runs treasury for more than 400 companies, and most of them pay suppliers in more than one currency. The round goes into making those payments as simple as a domestic run.
More Currencies, Same Controls
Payouts in 35 currencies already follow the same approval rules and audit trail as domestic payments. Over the next year we are adding local rails in more markets, so payments arrive faster and cost less to send.
A Larger Team in Singapore
Our Singapore office opened in 2025 to support customers across Asia Pacific. It will grow to run payments operations around the clock, alongside our teams in London and New York.
What Stays the Same
Every payment keeps its approvals, its payee checks and its record on the ledger. Customers keep their named treasury contact, and every current plan keeps its price.
Thank you to our customers, who asked for most of what we are building next, and to the team that got us here.
