Tipalti, a worldwide payables automation resolution, has raised USD 150 million at a valuation of greater than USD 2 billion, in accordance with the official press launch.
The brand new quantity raised brings whole funding raised so far to round USD 280 million for the B2B fintech firm. Led by Sturdy Capital Companions, the Collection E spherical additionally consists of vital investments from Greenoaks Capital and participation from present investor 01 Advisors.
Tipalti will use this extra funding to double-down on its product roadmap, speed up its development path, lengthen its international presence, and enhance its market place as a most popular resolution for high-velocity firms throughout the globe. This development will likely be fuelled by rising developer, product administration, buyer operations, gross sales, and enterprise growth headcount.
Tipalti’s expertise is geared toward finance leaders that purpose to resolve their monetary operations challenges by rising AP headcount alongside disparate, restricted level options. Tipalti’s complete, international payables automation resolution permits its clients to automate, modernize and optimize their whole international payables operation.
