B2B Fintech Tipalti Raises $150 Million at a Valuation of More Than $2 Billion
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 $280M million for the B2B fintech company.
Led by Durable Capital Partners, the Series E round also includes significant investments from Greenoaks Capital and participation from current investor 01 Advisors. Tipalti will use this additional funding to double-down on its product roadmap, accelerate its growth path, extend its global presence, and increase its market-leading position as the preferred solution for high-velocity companies across the globe. This growth will be fueled by increasing developer, product management, customer operations, sales, and business development headcount.