Tipalti
Global payables automation for mid-market companies: supplier onboarding, tax forms, invoice processing and mass payments in 196 countries, with about $200m in recurring revenue and $75bn in annual payment volume.
| Founded | 2010, San Mateo, California; R&D in Israel |
|---|---|
| Founders | Chen Amit (CEO), Oren Zeev |
| Ownership | Private; about US$750m raised including a US$200m debt facility from Hercules in September 2025; valued at US$8.3bn at its 2021 round |
| Revenue | About US$200m in annual recurring revenue; US$75bn in annual payment volume, up 30% |
| Customers | About 5,000 companies including marketplaces, ad networks and software companies with large supplier bases |
| What it does | Supplier self-onboarding and tax compliance, invoice capture and approvals, global payments and FX, expenses and procurement, with reconciliation into the ERP |
| Recent moves | AI invoice processing and fraud detection; procurement and expenses modules; debt financing rather than equity in 2025 |
| Pricing | Platform fee from about US$99 a month plus transaction fees; enterprise pricing on quote |
| Markets | US, UK, Europe, Canada |
| Peers | BILL, Coupa, Stampli, Zip, AvidXchange |
Why it matters
Tipalti built a $200 million revenue business on the hardest part of payables, paying thousands of suppliers across borders with the tax paperwork attached. Its 2021 valuation of $8.3 billion has not been tested since, and its choice of debt over equity in 2025 says something about where private valuations sit.
Updated September 2026.
Part of Accountio’s accounting technology coverage.
