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Tipalti

Funding History

$0$2.1B$4.2B$6.2B$8.3B201020132016201920222025
Valuation by funding round
Series E · 10/2020$2.0B
Series F · 12/2021$8.3B

About

Tipalti's platform automates the full accounts payable lifecycle, including supplier onboarding, tax and regulatory compliance, invoice processing, payment reconciliation, and global mass payouts across more than 190 countries and multiple currencies and payment methods.

founded
2010
headquarters
Foster City, California
employees
~1,143 (as of March 31, 2026)
lastValuation
$8.3 billion (December 2021 Series F)
totalPaymentVolume2024
~$70 billion
cumulativeTotalPaymentVolume
$90 billion+ (as of March 2026)
annualRecurringRevenue2025
$200 million+

Overview

Tipalti was founded in 2010 by Chen Amit and Oren Zeev to automate the accounts payable and payments workflows that mid-market and enterprise finance teams historically handled manually. The platform lets companies pay contractors, freelancers, suppliers, affiliates, and employees across more than 190 countries using local payment methods such as ACH, wire transfer, PayPal, and prepaid debit cards, while also automating supplier onboarding, tax compliance, and payment reconciliation.

Over time Tipalti expanded from payables automation into a broader finance-automation suite, adding procurement (via its 2021 acquisition of Approve.com) and, more recently, AI-driven cash flow forecasting and treasury tools (via its 2025 acquisition of Statement). The company has said it processed roughly $70 billion in payment volume in 2024 and surpassed $90 billion in cumulative total payment volume by March 2026.

Tipalti reached unicorn status with its 2020 Series E round and was last valued at $8.3 billion following its December 2021 Series F round, a valuation that has not been reset by a subsequent equity round as of this writing. In 2025 the company disclosed $200 million in annual recurring revenue and executives have publicly discussed targeting sustained profitability by early 2027 as a step toward a possible future initial public offering; the company remained privately held as of September 2026, with no IPO filed.

Private securities are speculative, illiquid, and involve risk of complete loss of principal. You should be prepared to hold private securities for an extended period; there is no assurance of a secondary market, an IPO, or other liquidity event. You are fully responsible for conducting your own due diligence. Pricing is indicative — nothing here is an offer of securities.

For more information, view our disclosures.