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Tipalti company logo
Corporation
INTERNET | Internet Software & Services / Accounting & Finance
tipalti.com

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Founded Year

2010

Stage

Series E | Alive

Total Raised

$286M

Valuation

$0000 

Last Raised

$150M | 1 yr ago

About Tipalti

Tipalti provides a cloud based technology platform aimed at mid-market companies, who have traditionally been underserved by banks, to streamline all phases of the global accounts payable workflow. The solution streamlines and optimizes businesses' end-to-end global payables workflow, while giving companies access to cross border payments, currency conversion, and payments across a wide range of methods.

Tipalti Headquarter Location

1810 Gateway Dr Ste. 300

San Mateo, California, 94404,

United States

650-530-1870

Latest Tipalti News

California Unicorn Tipalti to Open Global Office in Plano, Recruit Local Talent

Sep 15, 2021

California Unicorn Tipalti to Open Global Office in Plano, Recruit Local Talent Tipalti, a payables automation company that handles accounts payable and mass pay workflows, plans to hire around 100 employees in Plano by the end of 2022. Tipalti’s Chief Customer and Operating Officer, Manish Vrishaketu [Photo: Tipalti] San Mateo, California-based Tipalti has chosen North Texas for its latest expansion by way of a new global office and plans to locally hire. A payables automation company, Tipalti handles both accounts payable and mass pay workflows for high-growth companies. Its latest site—an office in Plano that’s set to open in November—will focus on core functions across implementation, customer success, support, payment operations, risk management, and compliance. There will also be sales and HR roles. Plano will be Tipalti’s fourth global office, joining Kibbutz Glil-Yam, Israel; Vancouver B.C., Canada; and its headquarters in San Mateo. “We’re extremely excited and proud to welcome Tipalti to the City of Excellence,” Plano Mayor John Muns said in a news release. “Plano continues to attract world-class businesses looking for the perfect place for their employees to live, work, and play. This latest move speaks volumes about our city continuing to provide a friendly business climate for companies to relocate or expand.” Tipalti is already actively recruiting talent for the North Texas location, and expects to hire around 20 new team members this year. By the end of 2022, Tipalti hopes to have around 100 employees in Plano. Attracting ‘the best and brightest” Chief Customer and Operating Officer Manish Vrishaketu, who will oversee the local office, thinks Plano will help Tipalti “attract the best and brightest talent” to join its rapidly growing global team. “Tipalti is growing rapidly and to keep up with this market demand, we are aggressively building out our teams and offices,” he said in a news release. “With access to high quality talent across a diverse set of functions, we found Plano in particular to be attractive for its high tech talent, quality of life, and local culture.” The announcement follows a year of acceleration for Tipalti. It achieved unicorn status in October 2020 after raising $150 million in a Series E round of funding, marking a more than $2 billion valuation. In the first half of 2021, the team grew revenue by 83 percent and added 191 employees around the globe, bringing its total to around 600. Tipalti, named for the Hebrew expression for “we handled it,” aims to make payables strategic with operational, compliance, and financial controls. That allows companies to scale quickly—they can pay partners and vendors worldwide within minutes both efficiently and securely. Its customers include Amazon Twitch, GoDaddy, Oscar Insurance, Roku, WordPress.com, and ZipRecruiter. Tipalti made the 2021 Deloitte 500 fastest growing technology companies list for its third consecutive year. It was one of only 24 U.S. companies to do so. Get on the list. Dallas Innovates, every day. Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day. One quick signup, and you’re done. DFW has the sixth-largest tech talent labor pool in the U.S., the annual report says, accelerating corporate relocations to the area. Overall, Dallas-Fort Worth ranked 13th out of 50 top U.S. and Canadian tech markets. But its growing tech labor pool and sought-after attributes have the area poised for even greater success. Siemens Digital Industries Software headquarters is hiring like gangbusters. Siemens CFO Timo Nentwich, who moved to Dallas from Berlin last October, says the company has moved far beyond enabling the designs of airplanes and cars, into analyzing entire manufacturing processes. “Few people know that we’re running a large operation like this out of the Plano office,” the CFO said. What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money. Sign up for our e-newsletter to stay in the loop. Have a deal we should know about? Tell us here. MODE Global acquires RR&F Logistics Dallas-based logistics and transportation provider MODE Global has completed its acquisition of RR&F Logistics, one of the nation's leading third-party logistics providers. With the acquisition, MODE Global will now facilitate more than 1.5 million annual customer shipments, generating almost $3 billion of revenue. Terms of the acquisition were not disclosed.… Share via:

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Research containing Tipalti

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CB Insights Intelligence Analysts have mentioned Tipalti in 1 CB Insights research brief, most recently on Jul 23, 2021.

Expert Collections containing Tipalti

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Tipalti is included in 6 Expert Collections, including Banking.

B

Banking

669 items

U

Unicorns- Billion Dollar Startups

832 items

S

SMB Fintech

1,073 items

P

Payments

1,486 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

2

2018 Fintech 250

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

A

Automation in Banking

380 items

Startups providing solutions to banks to automate processes and operations.

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