three+one adds new liquidity tools with Polaris Growth Fund backing
three+one has expanded its cashVest platform with more interactive forecasting, stronger reporting, and a growing team to help public finance leaders manage cash more effectively. The move, backed by Polaris Growth Fund, is aimed at giving governments and schools more visibility into public funds while preserving liquidity.
Why it matters: - Public finance leaders are under pressure to keep taxpayer dollars safe, available, and productive at the same time. - three+one says the expanded platform is designed to help local governments, school districts, and higher education institutions see more clearly what cash is available, when it will be needed, and how much more it can generate. - The company’s tools are meant to support better investment decisions without sacrificing liquidity.
What happened: - three+one expanded its liquidity intelligence capabilities through its cashVest platform. - The company added relationship specialists, analysts, and technology professionals. - New capabilities include more interactive short-term forecasting and reporting that supports industry best practices and helps leadership communicate financial decisions. - Scenario modeling for future cash needs is in development. - Polaris Growth Fund provided a strategic investment to support the work.
The details: - cashVest combines proprietary data, purpose-built technology, and human expertise to help finance teams make decisions as conditions change. - The platform is independent of banks and investment providers. - three+one says that independence helps leaders evaluate financial relationships and validate decisions with objective insights. - Garrett Macdonald, chief executive officer of three+one, said the company is focused on helping public finance officials and their communities do more with every dollar. - Macdonald said PGF shares that mission and is helping three+one invest in people and technology to extend its impact. - Garrett Macdonald continues to lead the company as CEO, alongside co-founder and Chief Operating Officer Peter Forsgren and the executive team. - Co-founder Joe Rulison continues to serve on the board of directors. - cashVest is endorsed by the National Association of Counties and 18 state association partners as a Certified Best Practice. - The platform has been used by public entities across the U.S., including Harris County, Texas, and Juneau, Alaska. - three+one says its work has produced more than $5.6 billion in cumulative earnings and savings across 250 customers. - Gates Chili Central School District in New York used three+one to generate $5 million in new interest earnings from existing cash without sacrificing safety. - The district used those earnings to help fund teaching and support staff positions, school safety improvements, and infrastructure. - Gates Chili also gained easier monitoring of investment maturities and cash flow during seasonal cash lows. - Polaris Growth Fund Partner Sabrina Chiasson McLaughry said public sector treasurers often oversee billions of taxpayer dollars with limited resources. - McLaughry said three+one combines conflict-free expertise, proprietary data, and purpose-built technology into a managed service with measurable results for communities. - Bill Jasien, executive chairman of NACo EDGE, said local governments have an opportunity to generate new revenue and better serve their communities. - Jasien said NACo is proud to stand alongside three+one as the company expands its reach. - The release says three+one is a national partner of NACo and is endorsed by multiple state associations. - three+one’s media contact is cashvest@threeplusone.us. - The company lists more information at threeplusone.us.
Between the lines: - The investment from Polaris Growth Fund signals outside confidence in a niche but growing public-sector finance software market. - three+one is leaning on both technology and human advisory support, which suggests the company wants to differentiate on service as much as software. - The emphasis on independence from banks and investment providers is a key selling point for public entities that need conflict-free guidance.
What's next: - three+one says scenario modeling is in development, which could add another planning layer for cash forecasting. - The company appears positioned to use the new funding to expand its team and broaden adoption among public institutions. - More public entities may adopt the platform if they are looking to increase earnings while maintaining liquidity and compliance with best practices.
The bottom line: - three+one is using new funding and product upgrades to push a simple message: public dollars can stay safe and still work harder.
Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.
Sign up for:
Alaska News Network
The daily local news briefing you can trust. Every day. Subscribe now.
Check Your Email!
We sent a one-time activation link to: .
Confirm it's you by clicking the email link.
If the email is not in your inbox, check spam or try again.
Welcome back!
is already signed up. Check your inbox for updates.