Tesorio

b2b fintech

FOUNDING YEAR: 2013
LOCATION: United States
Last Update: 19/01/2021

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About

Our mission is to help companies grow faster by helping them understand and control their cash flow in real-time instead of just reporting on it. Strong cash flow generation is the single biggest determinant of a companys ability to grow. It also affords management the freedom to optimize for long-term bets and truly innovate. Jeff Bezos said it best in his letters to shareholders over a decade ago when he foreshadowed how hed create a tech giant:Measure Everything: "There is a right answer or a wrong answer, a better answer or a worse answer, and math tells us which is which (2004)Focus on Cash Flow: "Shares are worth only the present value of their future cash flows, not the present value of their future earnings (2005)Optimize for the Long-term: "Long-term thinking... supports the failure and iteration required for invention, and it frees us to pioneer in unexplored spaces (2008)Our customers use Tesorios prediction of cash inflows and outflows for proactive decision-making, while our workflow tools for managing collections, payments and currency exposures provide levers to adjust timing and mitigate risk in their cash flow.Were backed by blue-chip investors from the Forbes Midas List (Josh Kopelman and Mike Maples), leading finance software founders (Bobby Lent, co-founder of Ariba, and Rob Hull, founder of Adaptive Insights), and finance industry titans (Jeff Epstein, ex-CFO of Oracle, Ken Goldman, ex-CFO of Yahoo, and Keith Nilsson, ex-TPG and Head of Corporate Development at Yahoo!, led the Alibaba acquisition).We're hiring too! Learn more here: https://www.tesorio.com/careers/

MEDICI Analysis

Tesorio is a cloud-based platform that enables companies to self-finance their daily operations and streamline early payments on invoices. It connects buyers directly with suppliers to meet working capital needs and improve the financial transaction experience. Using the proprietary algorithm, Tesorio’s platform calculates a financial rate that appeals to both buyers and suppliers.

Focus

PRODUCTS & SERVICES

Cloud-based accounts payable platform for buyers and suppliers. The platform helps to improve cash management and provide suppliers cheaper access to capital.

REVENUE MODEL

Assumes company charges processing fee for invoices.

MAIN CLIENTS

Online Retail consumers

EXISTING PARTNERSHIPS

Partnered with Netsuite technology firm

COMMENT

Tesorio provides instant notifications as soon as invoices are approved, and the power to get paid immediately.

Traction

COMPANY TYPE:

For Profit

NUMBER OF TRANSACTIONS:

150 K in 2016

TRANSACTIONS VALUE:

$750 M in 2016

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

1,365

AVERAGE VISITS (6 MONTHS)

4,181.56

MONTHLY VISITS GROWTH

-59.8%

VISIT DURATION

66

VISIT DURATION GROWTH

-6.59%

PAGE VIEWS VISIT

1.55

PAGE VIEWS VISIT GROWTH

-24.72%

BOUNCE RATE

71.19%

BOUNCE RATE GROWTH

-3.25%

GLOBAL TRAFFIC RANK

5,577,598

MONTHLY RANK CHANGE

1,377,936

MONTHLY RANK GROWTH

32.81%

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