Tipalti

Automates global payables and invoicing

Foster City, California, United States

About Tipalti

Tipalti provides an automated global payables solution that simplifies invoicing, tax compliance, and payment processing for businesses. Its platform automates the entire accounts payable process, allowing clients to manage everything from invoice capture to payment execution efficiently. Tipalti operates on a subscription-based model, where clients pay a recurring fee to access features like touchless invoicing and global ACH payments. The company stands out from competitors by offering a comprehensive solution that reduces manual effort and ensures compliance with global tax regulations, making it particularly beneficial for fast-growing startups and large enterprises. The goal of Tipalti is to help businesses save time and resources while optimizing their financial operations.

Foster City, CaliforniaHeadquarters
2010Year Founded
$745.1MTotal Funding
GROWTH_EQUITY_VCCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Hybrid Work Options
Company Equity
401(k) Company Match
Life Insurance
Paid Vacation
Phone/Internet Stipend
Company Social Events

Risks

European AI tools pose a competitive threat to Tipalti's market position.
Reluctance to automate among finance leaders may hinder Tipalti's market expansion.
Rapid growth of tech firms like SourceWhale increases competitive pressure on Tipalti.

Differentiation

Tipalti automates the entire accounts payable process, reducing manual workload by 80%.
The platform ensures compliance with global tax regulations, enhancing financial control.
Tipalti offers a comprehensive cloud-based solution for global funds disbursement and AP reporting.

Upsides

Tipalti's expansion into Canada enhances its global reach with localized solutions.
Partnerships with ERP providers like Visibility boost AP automation capabilities.
Growing demand for automated payables solutions aligns with Tipalti's offerings.

Funding

Total raised$745.11 M
Latest valuation$8.30 B
StageGROWTH_EQUITY_VC
GROWTH EQUITY VC
4/30/2023
$150
$76
$380.00 M
SERIES C
1/31/2018
$30
$150.00 M
SERIES B
8/31/2016
$14
$70.00 M
SERIES A
5/31/2010
$3
$15.00 M