Funding round
Tipalti Series C
Tipalti, which works in finance automation solutions development in Foster City, raised $30M in a Series C round announced on 13 Feb 2018, led by Zeev Ventures. 1 firm took part. It is Tipalti's second venture round on record; the one before was a Series B in Jun 2013.
$30M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Tipalti did not disclose a valuation in this round. It came 56 months after Tipalti's Series B. It is 3.4% of the $889M Tipalti has raised in the venture rounds on record. Tipalti raised again 19 months later: a Series D round of $76M in Sep 2019. Its next priced round, a Series E in Oct 2020, valued it at $2.00B.
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 this round 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 15 May 2023 $150M
- Growth 21 Sep 2025, led by Hercules Capital $200M
Investors
Who put money in
Zeev Ventures led the round.
Lead investor
- Zeev Ventures new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
14 Series C rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $52M, and this round was 58% of the median. The closest in time, other companies' Series C rounds in Payment Processing & Point of Sale:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Payment Processing & Point of Sale | 12 Feb 2018 | $71M | not disclosed | Premji Invest |
| Payment Processing & Point of Sale | 14 May 2018 | $48M | not disclosed | TPG |
| Payment Processing & Point of Sale | 29 May 2018 | $20M | not disclosed | Rakuten Capital |
| Payment Processing & Point of Sale | 12 Jul 2018 | $55M | not disclosed | ITOCHU Corporation |
| Payment Processing & Point of Sale | 28 Aug 2018 | $17M | not disclosed | Sallie Mae |
| Payment Processing & Point of Sale | 5 Oct 2018 | $125M | $1.10B | Greenoaks Capital and DST Global |
| Payment Processing & Point of Sale | 13 Nov 2018 | $100M | not disclosed | Elavon and National Australia Bank |
| Payment Processing & Point of Sale | 19 Nov 2018 | $27M | not disclosed | Kleiner Perkins |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Tipalti raise in its Series C round?
Tipalti raised $30M in its Series C round, announced in Feb 2018.
Who led Tipalti's Series C round?
Zeev Ventures led it.
What was Tipalti's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Payment Processing & Point of Sale?
14 Series C rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $52M, and this round was 58% of the median.
Did Tipalti raise again after this round?
Yes: a Series D round in Sep 2019 of $76M.