OverviewSuggest Edit
Tipalti is a company developing a supplier payments automation solution. It offers a cloud platform that manages phases of the accounts payable and payment management workflow. The platform addresses supplier onboarding and vetting, tax and regulatory compliance, invoice processing, payments to suppliers, payment methods, currencies, supplier payment status communications, payment reconciliation, and reporting. The company serves business services, software, technology, e-commerce, retail, marketplaces, gig economy, video and digital media, gaming, adtech, and affiliate and influencer networks industries.
| Type | Private | |
| Founded | 2010 | |
| HQ | San Mateo, US | Map |
| Website | tipalti.com | |
| Employee Ratings | More | |
| Overall Culture | C- | More |
Recent NewsAll News
Latest Updates
| Employees (est.) (Nov 2020) | 354 | (+5%) |
| Cybersecurity rating | B | More |
Key People/Management at Tipalti
Chen Amit
Co-Founder and CEO
Oren Zeev
Co-Founder & Chairman
Igor Vainberg
Chief Technology Officer
Sarah Dickens Spoja
Chief Financial Officer
Roby Baruch
Chief Product Officer
Rob Israch
Chief Marketing Officer
Tipalti Office Locations
Tipalti has offices in San Mateo, Vancouver and Glil Yam
San Mateo, US (HQ)
1810 Gateway Dr #300
Vancouver, CA
1055 W Georgia St 4th FLOOR
Tipalti Financials and Metrics
Summary Metrics
Founding Date | 2010 |
Tipalti total Funding | $286 m |
Tipalti latest funding size | $150 m |
Time since last funding | 2 months ago |
Tipalti investors | SGVC, Wicklow Capital, Greenoaks Capital, Zeev Ventures, Group 11, 01 Advisors, Durable Capital Partners |
Tipalti's latest funding round in October 2020 was reported to be $150 m. In total, Tipalti has raised $286 m. Tipalti's latest valuation is reported to be $2 b.
Tipalti Revenue
Market valuation | 2.0b |
- Source: TechCrunch - October 2020
Tipalti Operating Metrics
Tipalti's Customers was reported to be 1 k in Oct, 2020.
| Oct, 2020 | |
|---|---|
Customers | 1 k |
Tipalti Cybersecurity Score
Tipalti Online and Social Media Presence
1.43k Twitter followers
Tipalti has 1.43k Twitter Followers. The number of followers has increased 1.7% month over month and increased 4.1% quarter over quarter
Tipalti's Trends
Twitter Engagement Stats for @tipalti
2.9k
Tweets
741
Following
1.4k
Followers
57
Tweets last 30 days
1.8
Avg. likes per Tweet
73.7%
Tweets with engagement
Tipalti Company Culture
Overall Culture
C-
67/100
CEO Rating
C+
73/100
Compensation
C-
63/100
Tipalti News and Updates
October 06, 2020
Tipalti raises $150m at $2bn valuation
Tipalti, the leading global payables automation solution, today announced it raised $150 million at a valuation of more than $2 billion, bringing total funding raised to date to around $280 million for the B2B fintech company.
October 06, 2020
Tipalti receives $150M at a $2B+ valuation after its accounts payable platform sees a surge in use
Digital transformation has been one of the big enterprise themes of 2020: organizations are doubling down on cloud services both to link up suddenly remote teams and centralize apps, documents and data in a more efficient way. Today, one of the startups that has filled out that story with a cloud-ba…
October 06, 2020
Tipalti valued at $2B+ after raising $150M for its accounting automation platform
Startup Tipalti Inc. today said that it has raised $150 million to widen the adoption of its namesake cloud service, which helps companies perform accounting tasks with less manual work. The round values San Mateo, California-based Tipalti at more than $2 billion. It was led by Durable Capital Part…
October 06, 2020
Tipalti raises $150 million to automate payment workflows with AI
Payments automation company Tipalti has raised $150 million at a $2 billion valuation to further expand its global workforce.
September 25, 2019
Tipalti raises $76 million
Tipalti, the leading global payables automation solution, today announced it successfully raised an...
September 24, 2019
Tipalti collects $76M from Twitter alums’ 01 Advisors and more for its AI-based accounts payable solution
Accounting is one of the cornerstones to building a business, but for most companies, getting it right is more of a necessity than it is one of their core competencies. That has created a vacuum, and now, a company called Tipalti — which has developed a popular solution to automate accounting for bu…
Tipalti Blogs
November 18, 2020
Remittance Advice, What is Remittance Advice
Remittance advice is a detailed notification of the payment amount sent by a payer to a payee. Examples are customer to vendor or supplier, employer to employee, bank or money transfer company to the receiver of funds, or from a claims processor to a healthcare provider as electronic remittance advi…
November 18, 2020
Alternatives to QuickBooks
Small businesses can select lower-priced software that competes directly with QuickBooks. Fast-growing venture capital-backed companies can start at a higher level with scalable ERP software that handles GAAP financial reporting, streamlines business processes, and will continue to meet their busine…
November 14, 2020
Accounts Payable Best Practices
Successful companies are always looking for ways to optimize internal processes, including accounts payable. No matter the size of your business, there will always be the need to pay bills.
Thus, it’s in your best interest to understand and update your accounts payable best practices on a regular …
November 14, 2020
Treasury Management Systems, TMS
A treasury management system (TMS) helps to automate the back office of a company's business obligations and financial operations. This typically involves enterprise software that automates manual and repetitive financial transactions.
November 14, 2020
Payment Service Provider
A payment service provider makes it possible for merchants to set up ecommerce and accept online payments. They offer shops a payment solution for accepting electronic payments by a variety of methods, including:
November 14, 2020
Braintree vs Stripe
Braintree and Stripe are two programs that are often compared because their core systems are similarly aligned. This makes it easy to draw a direct comparison since features are so closely matched.
Tipalti Frequently Asked Questions
When was Tipalti founded?
Tipalti was founded in 2010.
Who are Tipalti key executives?
Tipalti's key executives are Chen Amit, Oren Zeev and Igor Vainberg.
How many employees does Tipalti have?
Tipalti has 354 employees.
Who are Tipalti competitors?
Competitors of Tipalti include Bill.com, FreshBooks and PaySimple.
Where is Tipalti headquarters?
Tipalti headquarters is located at 1810 Gateway Dr #300, San Mateo.
Where are Tipalti offices?
Tipalti has offices in San Mateo, Vancouver and Glil Yam.
How many offices does Tipalti have?
Tipalti has 3 offices.
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