Tipalti is the leading global payables automation platform that streamlines the entire process, from invoice receipt to payment disbursement. The company offers businesses a wide range of benefits, including reduced manual processes, improved tax compliance, advanced payment capabilities, and real-time visibility. Thousands of companies, such as Amazon Twitch, GoDaddy, Roku, WordPress.com, and ZipRecruiter use Tipalti to reduce operational workload by 80% and accelerate the financial close by 25%, according to the company. In 2020, Tipalti joined the unicorn club.
Tipalti has raised $150 million in credit financing from JPMorgan Chase Bank and Hercules Capital. Tipalti was valued at $8.3 billion in 2021 after raising $270 million in a Series F funding round. In total, Tipalti has raised $715 million till that moment.
Tipalti, California, United States, was founded in 2010 by Chen Amit and Oren Zeev. As of now, Tipalti has about 3,000 mid-market customers in more than 196 countries. “We still have 60% of the money we raised in 2021, but we received excellent conditions to raise money and this opens up a lot of possibilities for acquisitions,” said Tipalti CEO and co-founder Chen Amit.
Related Posts
Viz.ai Raises $100 Million at $1.2 Billion Valuation
Viz.ai is a medical imaging startup aiming to help in the optimization of emergency treatment by using deep…
April 10, 2022
Cybereason Raises $100 Million at a Valuation of about $3 billion
Cybereason is a cybersecurity technology company that offers next-generation antivirus software and managed monitoring services. The company delivers…
April 3, 2023
Stability AI Raises $101 Million at a $1 Billion Valuation
Stability AI is a company funding the development of open-source image-generating and music systems such as Stable Diffusion…
October 19, 2022
Motive Raises $150 Million at $2.85 Billion Valuation
Motive is a developer of the technology that improves the safety and profitability of businesses, thus powering the…
May 31, 2022
Hotel Engine Raises $65 Million at $1.3 Billion Valuation for Tourism Industry
Hotel Engine is a travel start-up focusing on hotel booking management. The company provides its clients with customized…
December 6, 2021
PayZen Raises $220 Million in Recent Funding Round
PayZen is a healthcare fintech company that using AI, machine learning, and financial technology tackles healthcare affordability. It…
November 23, 2022
Solugen Raises $200 Million at a $2 Billion Valuation
Solugen is a start-up which mission is to decarbonize the industry of chemicals. Combining synthetic biology with metal…
November 9, 2022
Jasper Raises $125 Million at a $1.7 Billion Valuation
Jasper is a startup that develops an AI content platform. The company uses AI to generate content for…
October 18, 2022
Tebra Raises $72 Million at over $1 Billion Valuation
Tebra is a company that provides independent healthcare practices with a digital platform. This platform includes special tools…
July 8, 2022
Discord raises $500 Million at $15 Billion Valuation for Tech Industry
Discord is the platform for IP telephony, instant messaging, and digital distribution. Its clients have an opportunity to…
September 17, 2021
OpenAI Closes $300 Million Share Sale at $27-29 Billion Valuation
OpenAI is a private research and deployment company that develops and directs artificial intelligence in ways that benefit…
May 1, 2023
Elon Musk Completes $44 Billion Deal to Buy Twitter
On Thursday, Elon Musk completed a deal to take over Twitter at a valuation of $44 billion. The…
October 28, 2022
Inari Raises $124 Million at a $1.5 Billion Valuation
Inari is a seed technology startup that designs and makes seeds to withstand climate change consequences. It is…
October 4, 2022
MoonPay Raises $86.7 Billion at $3.4 Billion Valuation
MoonPay is a start-up that allows its clients to buy and sell cryptocurrencies with the help of conventional…
April 17, 2022
Naver to Acquire Poshmark for $1.2 Billion
Naver, a search giant from South Korea, plans, to acquire Poshmark, a secondhand apparel marketplace for $1.2 billion…
October 5, 2022