Tipalti
Headquarters
Foster City, CAFounded
2010CEO / Founder
Chen AmitEmployees
1001-5000Funding
Series D+ — $298MProducts
1 product listedAvg. AI Score
8.0/10Website
tipalti.com/
Profile updated
About Tipalti
Tipalti is a financial operations automation company founded in 2010 by Chen Amit and Oren Levy, headquartered in Foster City, California. The company provides cloud-based software that automates accounts payable workflows, global mass payments, procurement, and employee expense management within a single platform.
Tipalti's core product suite includes AP automation, a supplier payments network supporting payments in over 196 countries and 120 currencies, purchase order management, and an expense reporting tool. The platform is used primarily by mid-market and high-growth companies in industries such as digital media, e-commerce, and technology. Notable customers have included Twitch, GoDaddy, and Roblox. The company processes tens of billions of dollars in payments annually.
Tipalti has raised approximately $298 million in total funding across multiple rounds, including a $270 million Series F round in 2021 that valued the company at $8.3 billion. Investors include Durable Capital Partners, G Squared, Oren Zeev, and 01 Advisors. The company has expanded internationally with offices in Tel Aviv, London, Amsterdam, and Toronto, and employs over 1,000 people globally.
Specialties
Financials
Dated, source-cited figures. Estimates are marked.
Products by Tipalti
All products by Tipalti reviewed by our AI panel of experts.
How Our Review Panel Scores Tipalti
Six independent reviewer personalities assessed Tipalti's product on their own terms. They disagreed by 1.2 points — The Finance Lead was the hardest to convince, The Domain Strategist the most positive.
Averaged across 1 reviewed product in our catalog. Scores are out of 10.
Competitive Landscape
Who Tipalti competes with, and how they differ.
Bill.com automates AP/AR mainly for small and mid-sized U.S. businesses on a per-transaction pricing model, while Tipalti targets mid-market and enterprise finance teams with heavier emphasis on multi-currency, multi-entity global supplier payouts across 190+ countries.
1 product reviewed on TopReviewedAvidXchange focuses on mid-market AP automation with deep vertical specialization in real estate, construction, and property/HOA management, integrating tightly into ERPs like Sage rather than operating as a standalone cross-border payments platform the way Tipalti does.
Airbase bundles procurement, AP automation, and corporate card issuance into one guided-procurement platform for mid-market companies, whereas Tipalti leads with payments infrastructure — mass cross-border payouts and tax compliance (W-9/W-8, 1099) at scale.
1 product reviewed on TopReviewed
Ramp's core product is corporate cards and expense/spend management monetized through card interchange, with bill pay added as an extension; Tipalti instead leads with international supplier payments and payables automation as its primary product.
1 product reviewed on TopReviewedCoupa is an enterprise-scale business spend management suite (procurement, sourcing, contracts, AP) sold via custom six-figure annual contracts to large enterprises, while Tipalti is API-friendly and purpose-built for mid-market finance teams running global payables without a full procurement-suite commitment.
Company Timeline
Key milestones in Tipalti's history, with sources.
- Funding
Growth financing — $200M from Hercules Capital
Tipalti secured $200 million in growth financing from Hercules Capital as it announced annual recurring revenue had surpassed $200 million.
tipalti.com - Acquisition
Acquired Statement, an AI-native treasury automation startup
Tipalti announced the acquisition of Statement, a Tel Aviv/New York-based treasury automation provider, to add AI-driven real-time cash flow visibility and forecasting; deal terms were not disclosed.
prnewswire.com - Funding
Growth financing — $150M from JPMorgan Chase Bank and Hercules Capital
Tipalti secured $150 million in incremental growth financing from JPMorgan Chase Bank and Hercules Capital, extending a JPMorgan banking relationship dating to 2016.
prnewswire.com - Funding
Series F — $270M led by G Squared at $8.3B valuation
Tipalti raised $270 million in a Series F round led by G Squared with participation from Marshall Wace and Counterpoint Global (Morgan Stanley), quadrupling its valuation to $8.3 billion and bringing total funding to over $550 million.
tipalti.com - Acquisition
Acquired Approve.com, a cloud procurement provider
Tipalti acquired Approve.com, its first-ever acquisition, to automate the full accounts-payable cycle by adding procurement workflows; deal terms were not disclosed.
tipalti.com - Funding
Series E — $150M led by Durable Capital Partners at $2B+ valuation
Tipalti raised $150 million in a Series E round led by Durable Capital Partners with Greenoaks Capital and 01 Advisors, crossing a $2 billion valuation and unicorn status.
tipalti.com - Funding
Series D — $76M led by Zeev Ventures
Tipalti raised $76 million in a Series D round led by Zeev Ventures, with Group 11, 01 Advisors and Greenspring Associates participating.
tipalti.com - Funding
Series C — $30M led by Zeev Ventures
Tipalti closed a $30 million Series C round led by Zeev Ventures to build out R&D, customer success and account management, bringing total funding to over $50 million.
pymnts.com - Funding
Series B extension — $14M led by SGVC
Tipalti raised a $14 million extension round led by SGVC (Dovi Frances), who joined the board as the company's first non-founder director.
tipalti.com - Funding
Series B — $13M led by Wicklow Capital
Tipalti raised $13 million in a Series B round led by Wicklow Capital to grow sales, marketing and product development.
tipalti.com - Founded
Tipalti founded by Chen Amit and Oren Zeev
Chen Amit and Oren Zeev founded Tipalti in Foster City, CA in 2010 to automate global supplier payments after identifying a gap in payment processors focused on collecting rather than disbursing funds.
en.wikipedia.org
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