Palus Finance

Palus Finance is the first treasury management platform with a higher-yield bond portfolio for companies’ idle cash. We launched in late February and are live with 33 companies, growing 110% week-over-week. Existing startup/SMB treasury products just sweep cash into a money market fund and charge a high management fee. Palus offers a short-duration bond portfolio which safely earns ~40% more yield than money market funds, with sub-3-day liquidity, and 5-minute setup with customers' existing bank accounts. We see treasury as a great wedge to eventually offer full-suite banking services to all high-growth companies. Sam and Michael are technical cofounders who met at Caltech. Sam previously built the AI research platform for a $3T AUM asset manager; Michael built quantum computers for the defense industry.