InterPrime

InterPrime, originally named Save Simply Advisors, operates from Menlo Park, CA, and specializes in providing automated treasury management and investment services within the B2B finance and accounting sector. The company, which participated in Y-Combinator’s W19 batch, has a team of three and serves clients across the United States and Canada, including remote and partly remote regions. InterPrime has partnered with Rho to launch Rho Prime Treasury, enhancing its service offerings. The firm ensures the safety of assets, custodied with Interactive Brokers and Charles Schwab, with insurance coverage up to $30 million. InterPrime’s investment strategy focuses on high-grade securities and U.S. government bonds, promising access to funds within one business day without penalties or fees, and full transparency of asset ownership. Additionally, the company introduced the Standard Investment Policy for Startups (SIPS) to aid startups in responsible investing, supported by notable entities like Tribe Capital and Morrison & Foerster. SIPS offers two configurations: Basic, focusing on U.S. Treasuries, and Advanced, which includes U.S. Bank CDs and Investment-Grade Corporate Bonds. InterPrime’s offerings are complemented by tools such as a cash calculator for financial projections and a blog providing insights into cash management and investment strategies. The company has been featured in prominent media outlets including The New York Times and TechCrunch.