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Trovata Acquires ATOM

July 25, 2025
By
Startuprise

Trovata announced its acquisition of ATOM, the enterprise treasury management system developed by the team at Financial Sciences, led by Alf Newlin. We also extended our Series B with an additional $9 million in strategic investment from PNC Bank and State Street—deepening our partnerships with two of the world’s most respected financial institutions.

Before founding Trovata, our CEO, Brett Turner, spent decades in finance—starting as a CPA at Deloitte, then holding senior finance roles at Amazon, and eventually serving as CFO for multiple high-growth startups.

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Along the way, he witnessed a massive shift: the rise of cloud computing, APIs, and modern data infrastructure that transformed how businesses operate.

But one function seemed frozen in time—treasury.

There’s always been a gap between where transactions begin (in ERPs) and where they settle (in banks). As companies scale, managing cash and liquidity grows more complex, forcing finance teams to layer in manual processes or turn to expensive, legacy treasury systems built decades ago. The result? Siloed workflows, delayed decisions, and limited visibility.

Trovata flipped the model. We built the first cloud-native SaaS platform to automate cash management and reporting from the ground up—designed for near real-time data, rapid deployment, and intuitive user experiences.

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In partnership with banks like Wells Fargo and JP Morgan Chase, we’ve helped thousands of finance and treasury professionals use real-time bank data to drive smarter decisions and elevate their strategic impact, without the cost and complexity of legacy TMS.

And the results speak for themselves. Since 2016, treasury teams—from global brands like Krispy Kreme to icons like the Dallas Cowboys—have used Trovata as their real-time cash command center.

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