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Tipalti

Tipalti

Tipalti automates the way companies pay suppliers, partners, publishers and employees with cloud-based solutions which addresses all phases of the payables workflow.

Tipalti was founded by CEO Chen Amit and chairman and investor Oren Zeev in 2010. Tipalti handles back-office functions, with a suite of tools able to read, process, pay and account for invoices using automation technologies. Their payables automation technology allows companies to automate global payments, supplier management, tax compliance, invoice processing and payment reconciliation.

Funding

Series A

Announced in June 2010, Tipalti raised $3 million in funding from Group 11.

Series B

In October 2014, Tipalti announced they raised $13 million in funding. Wicklow Capital led the round, which included investment from Group 11. 

Series B-2

Tipalti raised $14 million in September 2016. The funding was raised by SGVC, whose Dovi Frances was added to Tipalti's board. Tipalti planned to use the new funding to invest in product development, R&D and customer support to bette r help corporate finance organizations.

Series C

Announced in February 2018, Tipalti raised $30 million in funding. The round was led by Zeev Ventures and Group 11.

Debt Financing

In September 2019, Tipalti raised a $16 million debt financing.

Series D

Tipalti announced $76 million in funding in September 2019. The round was led by Zeev Ventures, with participation from Group 11, 01 Advisors, Greensrping Associates and TrueBridge Capital Partners.

Timeline

People

Name
Role
LinkedIn

Carl Pascarella

Advisor



Chen Amit

Co-Founder and CEO



Dovi Frances

Investor and Board Member



Igor Vainberg

Chief Technology Officer



Jon-Paul Ales-Barnicoat

Chief Human Resources Officer



Lisa Schlesinger

General Counsel



Manish Vrishaketu

Chief Operating Officer



Oren Zeev

Co-Founder and Chairman



Perla Stoeckert

Chief Compliance Officer



Rob Israch

Chief Marketing Officer



Roby Baruch

Chief Product Officer



Sarah Dickens Spoja

Chief Finance Officer



Todd McGuire

GM Supplier Success



Wissam (Sam) Barakat

Chief Revenue Officer



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