About Tipalti
Tipalti is a global payables automation platform that provides a cloud solution to scale and automate global payables operations.
Headquarters
Tipalti, Foster City
Founded
2010-01-01
Industry
Accounting, Financial Services, FinTech, Payments, Software
Last Funding Type
Debt Financing
Valuation
25
Total Funding
$715.00 million dollars
IPO Status
Private
Financial
Tipalti was featured in a Sifted Talks event discussing the retention and building of finance teams, the importance of automation, and the future of finance.
Funding Rounds
10
Number of Lead Investors
7
Total Funding Amount
$715.00 million dollars
Number of Investors
16
Tipalti vs. Other Decacorns
| Company | Valuation | Total Funding | Funding Rounds |
|---|---|---|---|
| Tipalti | $25B | $715.00M | 10 |
| Weights & Biases | $5B | $250.00M | 7 |
| SeekOut | $1B | $188.60M | 4 |
| Klarna | $20B | $4.55B | 34 |
| FTX | $33B | $1.83B | 7 |
| Tanium | $9B | $1.05B | 14 |
| Canva | $51B | $2.51B | 19 |
| Postman | $6B | $433.00M | 5 |
| Confluent | $18B | $455.90M | 8 |
| Dataiku | $4B | $846.84M | 11 |
| QuintoAndar | $5B | $755.27M | 9 |
| BitPanda | $4B | $554.01M | 7 |
| N26 | $9B | $1.72B | 12 |
| MoonPay | $31B | $650.68M | 8 |
| Circle (Financial Software) | $9B | $1.12B | 14 |
| Sila | $10B | $20.70M | 4 |
| Collibra | $5B | $596.52M | 9 |
| CloudWalk | $2B | $345.06M | 6 |
| 1Password | $14B | $920.14M | 3 |
| DFINITY | $2B | $166.88M | 6 |
| Mysten Labs | $2B | $336.01M | 3 |
| Cerebras Systems | $26B | $715.00M | 7 |
| Wave (Financial Software) | $2B | $79.75M | 10 |
| Enya (Software Development Applications) | $3B | $1.50M | 2 |
| Latch | $1.6B | $342.12M | 7 |
| Concordium | $1B | $76.10M | 8 |
| AvidXchange | $4.9B | $1.13B | 10 |
| Adyen | $8.3B | $266.00M | 3 |
| CoinTracker | $4B | $101.62M | 3 |
| Offchain Labs | $1B | $123.70M | 3 |
| Twilio | $2B | $614.42M | 13 |
| Quotient Technology | $1.2B | $284.26M | 10 |
| bolttech | $2B | $543.20M | 7 |
| Acorns | $4B | $510.01M | 13 |
| Asapp | $2B | $380.00M | 5 |
| Miro | $88B | $476.30M | 5 |
| NerdWallet | $4B | $105.00M | 6 |
| Bakkt | $2.1B | $857.50M | 4 |
| InsideSales.com | $3B | $251.20M | 6 |
| Asana | $50B | $453.20M | 13 |
| AppDirect | $2B | $574.50M | 9 |
| Gong.io | $7B | $583.00M | 8 |
| Improbable | $11B | $704.03M | 7 |
| Notion | $110B | $343.20M | 7 |
| Zenefits | $14B | $584.10M | 6 |
| Jeeves | $14B | $443.00M | 6 |
| Lattice | $18B | $330.32M | 9 |
| Couchbase | $1B | $251.00M | 9 |
| Workfront | $2B | $375.00M | 5 |
| DriveNets | $2B | $587.00M | 4 |
| Fusion-io | $1.5B | $111.50M | 3 |
| TaxBit | $3B | $253.36M | 8 |
| Epirus | $1B | $287.63M | 4 |
| Revolut | $99B | $1.74B | 20 |
| Copper | $2B | $102.00M | 5 |
| Slack | $23B | $1.39B | 13 |
| Synthego | $1B | $459.69M | 9 |
| Pax | $2B | - | - |
| Cylance | $1B | $297.00M | 6 |
| AppDynamics | $2B | $364.50M | 11 |
| ZenBusiness | $2B | $276.96M | 7 |
| Roku | $1.3B | $212.01M | 11 |
| Pipe | $14B | $423.12M | 11 |
| Commure | $4B | $620.50M | 8 |
| Remote | $17B | $496.00M | 5 |
| Mainspring | $1B | $32.50M | 2 |
| AngelList | $287B | $170.20M | 8 |
| Tradeshift | $8B | $1.13B | 14 |
| Wrapbook | $1B | $150.60M | 4 |
| Qualia | $2B | $160.00M | 6 |
| Retool | $29B | $141.00M | 5 |
| Payoneer | $3.3B | $570.00M | 15 |
| Matillion | $3B | $290.00M | 7 |
| Figure (Financial Software) | $6B | $1.55B | 10 |
| Schroedinger | $0.8B | $577.22M | 10 |
| Younited Credit | $1B | - | 1 |
| Alan | $3B | $751.56M | 8 |
| Jfrog | $3.9B | $226.50M | 6 |
| Datto | $4.3B | $100.00M | 3 |
| SmartRent | $2.2B | $256.50M | 6 |
| Deem | $1B | $536.13M | 13 |
| MX | $2B | $450.00M | 4 |
| Forto | $2B | $593.38M | 6 |
| Trumid | $5B | $458.25M | 7 |
| Cedar | $3B | $419.36M | 6 |
| MobileCoin | $6B | $107.35M | 4 |
| Active Network | $1B | $344.19M | 9 |
| Marqeta | $30B | $530.11M | 16 |
| Flexport | $152B | $2.70B | 19 |
| Paxos | $7B | $543.48M | 7 |
| Niantic | $18B | $770.00M | 6 |
| Vianai | $2B | $190.00M | 2 |
| Contrast Security | $3B | $269.00M | 5 |
| Satispay | $1B | $533.14M | 11 |
| Clari | $3B | $496.00M | 8 |
| StarkWare | $32B | $273.00M | 8 |
| Pilot | $9B | $172.10M | 6 |
| Hugging Face | $10B | $395.20M | 7 |
| Procore | $9.6B | $654.02M | 17 |
| Fleetmatics Group | $0.6B | $93.00M | 2 |
| Carbonite | $0.2B | $191.20M | 8 |
| Concur Technologies | $0.2B | $291.75M | 2 |
| Bolt | $99B | $982.08M | 11 |
| Vercel | $8B | $563.00M | 5 |
| Divvy | $7B | $417.50M | 5 |
| Placer.ai | $6B | $267.51M | 10 |
| Nexthink | $2B | $345.88M | 8 |
| Sumo Logic | $2.2B | $340.00M | 6 |
| Unit | $1B | $169.60M | 5 |
| Lucid | $3B | $3.82M | 4 |
| Aspiration | $13B | $250.00M | 5 |
| Pipedrive | $5B | $90.20M | 8 |
| Udacity | $2B | $240.00M | 6 |
| Titan | $12B | $73.00M | 4 |
| Palantir Technologies | $308B | $3.03B | 28 |
| Andela | $3B | $381.01M | 9 |
| CRED | $12B | $801.49M | 8 |
| Monzo Bank | $9B | $1.84B | 22 |
| Scopely | $41B | $998.50M | 10 |
| Deposit Solutions | $1B | $198.87M | 6 |
| Nicira Networks | $1B | $41.82M | 4 |
| Weave | $1.5B | $168.00M | 8 |
| Applied Intuition | $22B | $901.50M | 7 |
| ClassDojo | $17B | $191.10M | 6 |
| Remitly | $6.9B | $526.74M | 15 |
| Privateer Holdings | $2B | $228.00M | 4 |
| LogMeIn | $0.3B | $30.00M | 5 |
| Ramp | $41B | $1.82B | 10 |
| Material Security | $4B | $162.00M | 4 |
| Planet Labs | $2.8B | $573.90M | 10 |
| Gusto | $547B | $746.10M | 15 |
| Checkr | $60B | $679.00M | 8 |
| Ava Labs | $11B | $290.00M | 6 |
| Dave | $4B | $646.30M | 10 |
| Sourcegraph | $5B | $248.00M | 7 |
| Productboard | $5B | $261.70M | 8 |
| Avant (Online Lending Firm) | $6B | $2.08B | 13 |
| Amplitude | $4.6B | $311.48M | 14 |
| Uber | $82.4B | $30.21B | 33 |
| Motive | $3B | $567.30M | 9 |
| Hasura | $2B | $136.50M | 4 |
| Evernote | $11B | $290.00M | 12 |
| Dapper Labs | $76B | $612.51M | 7 |
| Clearco | $6B | $858.64M | 9 |
| Ada (Business/Productivity Software) | $1B | $190.62M | 7 |
| Rebellion Defense | $1B | $150.00M | 2 |
| Stack Overflow | $12B | $153.00M | 6 |
| Stripe | $559B | $9.44B | 20 |
| Happy Money | $5B | $337.15M | 8 |
| Netscape Communications | $1.2B | $8.00M | 3 |
| Druva | $2B | $475.00M | 9 |
| Foundry Networks | $3B | - | 1 |
| Luminar | $2.9B | $709.75M | 11 |
| Anaplan | $1.4B | $299.90M | 9 |
| LendingClub | $5.4B | $392.23M | 15 |
| TravelPerk | $4B | $664.14M | 12 |
| Rubrik | $6.6B | $554.30M | 12 |
| Knock | $4B | - | - |
| Brex | $123B | $1.46B | 12 |
| Cresta | $6B | $276.00M | 5 |
| Leslie | $3B | - | 1 |
| MarkForged | $2.1B | $346.80M | 7 |
| Hippo Enterprises | $5B | $1.26B | 10 |
| Degreed | $4B | $462.74M | 16 |
| Looker | $5B | $280.50M | 7 |
| People.ai | $4B | $200.00M | 9 |
| Kraken | $32B | $30.55M | 20 |
| Upstart | $10B | $944.05M | 9 |
| Quantenna Communications | $0.5B | $186.13M | 12 |
| Braze | $6B | $175.10M | 9 |
| Freshworks | $10B | $484.00M | 9 |
| Loom | $11B | $203.55M | 8 |
| Zuora | $1.4B | $647.50M | 11 |
| Wealthfront | $28B | $274.20M | 7 |
| InTouch Health | $1B | $49.20M | 6 |
| CleanCapital | $2B | $1.21B | 8 |
| Airtable | $282B | $1.35B | 10 |
| Roofstock | $6B | $365.25M | 11 |
| Nubank | $41B | $4.17B | 15 |
| Fundbox | $8B | $553.50M | 9 |
| View (Building Products) | $1.6B | $2.57B | 20 |
| Nimble Storage | $1.5B | $98.75M | 5 |
| Vast | $4B | $381.00M | 7 |
| ID.me | $14B | $407.25M | 22 |
| Figma | $180B | $748.62M | 8 |
| Dynatrace | $4.4B | $21.90M | 4 |
| Handshake | $4B | $700.00K | 1 |
| Snap Group | $31B | $3.26M | 1 |
| Rubicon | $10B | $501.70M | 12 |
| Modern Health | $4B | $167.40M | 6 |
| Plaid | $40B | $734.30M | 6 |
| Mercury | $37B | $152.21M | 7 |
| Cribl | $2B | $721.21M | 7 |
| Forge Global | $2B | $357.00M | 11 |
| Chainalysis | $9B | $536.62M | 13 |
| Branch | $24B | $667.05M | 10 |
| Benchling | $37B | $411.90M | 9 |
| Pure Storage | $3.1B | $529.26M | 8 |
| Automile | $4B | $47.31M | 4 |
| Back | $15B | $3.30M | 2 |
| Sourcefire | $2B | $40.50M | 5 |
| Density | $11B | $217.20M | 9 |
| SingleStore | $11B | $464.10M | 11 |
| FiscalNote | $1.3B | $637.33M | 23 |
| Bowery | $9B | $1.65M | 4 |
| Takko | $2B | - | 3 |
| Auth0 | $6B | $332.28M | 10 |
| SumUp | $16B | $4.02B | 17 |
| Roblox | $14B | $874.45M | 13 |
| Divvy Homes | $4B | $1.23B | 7 |
| CircleCI | $10B | $315.00M | 9 |
| Addepar | $11B | $531.36M | 7 |
| AgentSync | $5B | $161.10M | 5 |
| Proofpoint | $0.4B | $885.50M | 7 |
| Coda Payments | $3B | $715.25M | 8 |
| Uala | $3B | $844.00M | 7 |
| SnapLogic | $5B | $371.30M | 10 |
| Signifyd | $4B | $409.00M | 7 |
| Spendesk | $3B | $311.85M | 6 |
| Notion Labs | $60B | - | - |
| Pilot.com | $1B | $172.10M | 6 |
| DocuSign | $4.5B | $536.20M | 20 |
| Lucid Software | $12B | $670.36M | 8 |
| BloomReach | $2B | $452.00M | 7 |
| DataStax | $5B | $342.57M | 10 |
| Snyk | $15B | $1.20B | 13 |
| PagerDuty | $1.8B | $523.60M | 8 |
| TradingView | $6B | $388.75M | 11 |
| SAP Concur | $0.2B | $291.75M | 2 |
| OpenAI | $20B | $21.90B | 10 |
| Razorpay | $47B | $816.31M | 10 |
| Iterable | $2B | $342.20M | 7 |
| Dataminr | $41B | $1.05B | 14 |
| Alto Pharmacy | $3B | $680.03M | 11 |
| Mirakl | $7B | $6.41M | 5 |
| LaunchDarkly | $6B | $330.30M | 8 |
| Bellabeat | $8B | $18.82M | 7 |
| Lyft | $24B | $5.31B | 29 |
| Workhuman | $1B | $131.48M | 4 |
| Skrill | $1B | - | - |
| Storable | $6B | $10.00M | 1 |
| $12.7B | $1.49B | 26 | |
| MySQL | $1B | $39.80M | 3 |
| MindTickle | $1B | $281.30M | 7 |
| Lendable | $19B | $1.61B | 10 |
| GrubMarket | $20B | $499.10M | 8 |
| Funding Circle | $2B | $746.45M | 10 |
| Flywire | $8B | $583.30M | 10 |
| Chipper Cash | $2B | $337.20M | 7 |
| Blockstream | $3B | $634.00M | 7 |
| Outreach | $22B | $489.02M | 13 |
| Xoom. | $0.5B | $104.35M | 7 |
| Splashtop | $3B | $114.00M | 5 |
| Stack | $2B | $5.04M | 5 |
| smava | $2B | $188.68M | 7 |
| PayPal Holdings | $46.6B | $5.22B | 6 |
| Salesforce | $1.1B | $65.38M | 7 |
| eToro | $20B | $692.70M | 18 |
| $23.1B | $26.10M | 3 | |
| Credit Karma | $7B | $868.00M | 8 |
| Clio | $3B | $1.29B | 6 |
| Cloudflare | $4.4B | $332.20M | 7 |
| Box | $1.7B | $1.46B | 15 |
| Fastly | $1.5B | $369.00M | 8 |
| Kong | $7B | $344.10M | 7 |
| Mark43 | $8B | $268.82M | 8 |
| Wise (Financial Software) | $11B | $1.67B | 13 |
| Wyre | $5B | $29.15M | 9 |
| Dropbox | $9.2B | $1.71B | 13 |
| Contentful | $6B | $349.60M | 9 |
| Turing | $11B | - | 2 |
| MURAL | $4B | $192.28M | 6 |
| Duo Security | $2B | $121.50M | 7 |
| The Zebra | $2B | $2.50B | 3 |
| Expensify | $2.2B | $138.20M | 9 |
| InVision | $4B | $356.20M | 10 |
| Relativity | $37B | $125.00M | 2 |
| Yammer | $15B | $142.00M | 6 |
| iSpot.tv | $2B | $382.80M | 5 |
| PayFit | $6B | $495.75M | 7 |
| Public.com | $10B | $443.50M | 10 |
Growth Trends & Market Impact
Tipalti may be growing as evidenced by a reported 41% year-over-year growth in its customer base through the first half of 2023. The company has also expanded its offerings by unveiling a new solution for the European Union, indicating an increase in product development and market expansion. Furthermore, the celebration of success in the first half of 2023 suggests positive performance and potential operational growth.
Investment history
| Round number | date | Post-round evaluation | investors |
|---|---|---|---|
| №1 | 15.05.2023 | $150.00 million dollars |
Hercules Capital JP Morgan Chase |
| №2 | 08.12.2021 | $270.00 million dollars |
G Squared |
| №3 | 01.03.2021 | $270.00 million dollars | |
| №4 | 06.10.2020 | $150.00 million dollars |
Durable Capital Partners |
| №5 | 24.09.2019 | $16.00 million dollars | |
| №6 | 24.09.2019 | $76.00 million dollars |
Zeev Ventures |
| №7 | 13.02.2018 | $30.00 million dollars |
Zeev Ventures |
| №8 | 13.09.2016 | $11.00 million dollars |
Group 11 |
| №9 | 22.10.2014 | $9.00 million dollars |
Group 11 Wicklow Capital |
| №10 | 01.06.2010 | $3.00 million dollars |