Tipalti

About

Tipalti is a global payables automation platform that provides a cloud solution to scale and automate global payables operations.

San Mateo,California,United States
501 - 1000
https://tipalti.com

Highlights

Details

Last Funding Type: Series C
Last Funding Money Raised: $30M
Industries: Accounting,Financial Services,FinTech,Payments,Software
Founded date: Jan 1, 2010
Number Of Employee: 501 - 1000
Operating Status: Active
Legal Name: Tipalti Inc.

Tipalti streamlines and automates the way companies make payments to their suppliers, partners, publishers, and crowd. Tipalti provides a comprehensive cloud-based solution that addresses all phases of the payables workflow, from self-service supplier onboarding and management to tax compliance, invoice processing, global funds disbursement, early payments, and AP reporting and payment reconciliation, while helping to ensure the payer in full tax and regulatory compliance.

With Tipalti, companies can eliminate up to 80% of their supplier payment workload, helping them scale their business efficiently with global growth while strengthening financial and compliance controls and while improving the partner payment experience.

Tipalti was founded on 2010 and is headquartered in San Mateo, California.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

9

$565M

Tipalti has raised a total of $565M in funding over 2 rounds. Their latest funding was raised on Dec 8, 2021 from a Series F round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 8, 2021	Series F	$270M	7	G Squared	—	Detail
Mar 1, 2021	Secondary Market	—	1	—	—	Detail
Oct 6, 2020	Series E	$150M	3	Durable Capital Partners	—	Detail
Sep 24, 2019	Series D	$76M	6	Zeev Ventures	—	Detail
Sep 24, 2019	Debt Financing	$16M	—	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

9

1

Tipalti has made 9 investments. Their most recent investment was on May 23, 2022, when Pebble raised $6.20M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
May 23, 2022 Pebble	Seed	$6.20M	Blockchain	—
Aug 21, 2021 Sanas	Seed	$5.50M	Information Technology	—
Oct 15, 2020 Grow Therapy	Seed	—	Health Care	—
May 9, 2019 Printify	Seed	$3M	E-Commerce	—
Apr 1, 2018 Arise Travel	Pre-seed	$400K	Blockchain	—

Investors

Number of Lead Investors

Number of Investors

7

14

Tipalti is funded by 14 investors. G Squared and Wicklow Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
G Squared	Yes	Series F
Wicklow Capital	Yes	Series B
01 Advisors	—	Series F
Base Partners	—	Series F
Counterpoint Global	—	Series F
Durable Capital Partners	—	Series F
Marshall Wace	—	Series F
Zeev Ventures	—	Series F
Greenoaks	—	Series E
Cerca Partners	—	Series D