Funding round
Tipalti Growth
Reported as "Growth Equity"
Tipalti, which works in finance automation solutions development in Foster City, raised $150M in a Growth round announced on 15 May 2023. 2 firms took part. It is Tipalti's sixth venture round on record; the one before was a Series F in Dec 2021.
$150M
Amount raised
of which $150M debt
Not disclosed
Post-money valuation
2
Investors
no lead named
Valuation
What this round says about the price
Tipalti did not disclose a valuation in this round; its last disclosed one was $8.30B at the Series F (Dec 2021). It came 17 months after Tipalti's Series F. It is 17% of the $889M Tipalti has raised in the venture rounds on record. Tipalti raised again 28 months later: a Growth round of $200M in Sep 2025.
Tipalti's funding rounds
Tipalti has 7 venture rounds on record. This one is highlighted.
- Series B 12 Jun 2013, led by Wicklow Capital $13M
- Series C 13 Feb 2018, led by Zeev Ventures $30M
- Series D 24 Sep 2019, led by Zeev Ventures $76M
- Series E 6 Oct 2020, led by Durable Capital Partners $150M$2.00B post-money
- Series F 8 Dec 2021, led by G Squared $270M$8.30B post-money
- Growth this round 15 May 2023 $150M
- Growth 21 Sep 2025, led by Hercules Capital $200M
Investors
Who put money in
2 firms took part; no lead investor was named.
Investors
- JPMorgan Chase Bank new investor
- backs 29 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, scaling operations and working capital.
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
29 Growth rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $66M, and this round was 2.3 times the median. The closest in time, other companies' Growth rounds in Payment Processing & Point of Sale:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Payment Processing & Point of Sale | 25 May 2023 | $75M | not disclosed | not named |
| Payment Processing & Point of Sale | 2 May 2023 | $30M | $150M | Base10 Partners |
| Payment Processing & Point of Sale | 1 May 2023 | undisclosed | not disclosed | Baird Capital |
| Clara Payment Processing & Point of Sale | 26 Apr 2023 | $60M | not disclosed | GGV Capital |
| Payment Processing & Point of Sale | 16 Mar 2023 | $25M | not disclosed | Cherry Ventures and Point Nine |
| Payment Processing & Point of Sale | 30 Mar 2023 | $3.3M | not disclosed | Industrifonden |
| Payment Processing & Point of Sale | 15 Aug 2023 | $95M | not disclosed | Guidepost Growth Equity |
| Payment Processing & Point of Sale | 3 Aug 2023 | $6.4M | not disclosed | GR.VENTURES |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Tipalti raise in its Growth round?
Tipalti raised $150M in its Growth round, announced in May 2023.
Which investors took part in Tipalti's Growth round?
JPMorgan Chase Bank and Hercules Capital.
What was Tipalti's valuation at the Growth round?
It was not disclosed; its last disclosed one was $8.30B at the Series F (Dec 2021).
How does it compare with other Growth rounds in Payment Processing & Point of Sale?
29 Growth rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $66M, and this round was 2.3 times the median.
Did Tipalti raise again after this round?
Yes: a Growth round in Sep 2025 of $200M.