Tipalti

company

About

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

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

Employee Profiles

Number of Employee Profiles
26
Tipalti has 26 current employee profiles, including Executive Doug Inamine
Executive
Employee
Employee
Employee
Executive

Acquisition

Tipalti has acquired 1 organizations. Their most recent acquisition was Approve.com on Apr 12, 2021. They acquired Approve.com for $40M.

Date Company Name
Industry Acquisition Type Price
Apr 12, 2021 Approve.com
B2B acquisition $ 40M Detail