Crescent raises $5M in pre-seed funding

 

Crescent Product Shot of Dashboard
Crescent Product Shot of the Dashboard

Crescent, a platform that helps companies improve cash management in Lincoln, Nebraska, has raised $5M in Pre Seed funding.

The pre-seed round was led by strategic angels and tech founders including: Nathan McCauley, CEO of Anchorage Digital, the first OCC-chartered crypto bank.

The company plans to use the funds to grow its userbase, expand its feature set, and improve its automation and integration library.

Crescent is led by Grant Roscoe, the founder. It offers a cash management platform which aggregates top-business-friendly yields and assists companies to deploy idle capital through automation, cash flow insights, and automates cash flow analysis. Current yields include a 4% APY USDC-backed option and a 1% APY FDIC insured option.

Crescent is now accepting early clients.

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