London-Based Bracket Raises $7M Funding In Seed Round

The round was led by Macquarie Group’s Commodities and Global Markets division and Blackfinch Ventures, with participation from existing investor Failup Ventures.

Demand for modern treasury infrastructure is growing among mid-market companies, many of which still rely on spreadsheets and manual processes to manage FX exposure, cash visibility and bank connectivity. These limitations have fueled the need for more integrated, automated solutions.

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Founded in 2024 by FX and treasury experts Alex Charles, Pierre Anderson and Martin Lee, Bracket offers an AI-powered platform that centralizes bank accounts, automates FX workflows and provides real-time treasury insights helping finance teams reduce reliance on manual spreadsheets and processes.

In addition to serving corporate clients directly, Bracket has developed a bank distribution model, licensing its platform to global banks including Macquarie Group to help them offer modern treasury tools to mid-market customers.

Commenting on the funding, Pierre Anderson, Co-CEO and Co-founder of Bracket, said that mid-market companies are often expected to meet the same standards as large corporates without access to equivalent tools, leaving many dependent on outdated systems. He explained that Bracket’s platform automates treasury operations using AI and provides finance teams with real-time visibility and control over bank data within a single system.

The new funding will fuel Bracket’s product development and next growth phase, including plans to open offices in Europe and Australia and expand its team over the coming year.

About Bracket

Bracket is a digital treasury platform that gives finance teams global cash visibility and FX control in one place. By connecting to banks and ERPs it transforms spreadsheets into automated workflows, providing real-time insights, hedging guidance and forecasting. Enterprise-grade, fast to deploy and designed to scale with growing businesses.