Funding round
Tipalti Series D
Tipalti, which works in finance automation solutions development in Foster City, raised $76M in a Series D round announced on 24 Sep 2019, led by Zeev Ventures. 5 firms took part. It is Tipalti's third venture round on record; the one before was a Series C in Feb 2018.
$76M
Amount raised
Not disclosed
Post-money valuation
5
Investors
1 lead
Valuation
What this round says about the price
Tipalti did not disclose a valuation in this round. It came 19 months after Tipalti's Series C. It is 8.5% of the $889M Tipalti has raised in the venture rounds on record. Tipalti raised again 13 months later: a Series E round of $150M in Oct 2020, at $2.00B post-money.
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 this round 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 with 4 other firms.
Lead investor
- Zeev Ventures new investor
Also in the round
- backs 17 venture-backed companies new investor
- 01A backs 53 venture-backed companies new investor
- Greenspring Associates new investor
- backs 10 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time, other companies' Series D rounds in Payment Processing & Point of Sale:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Payment Processing & Point of Sale | 22 Jul 2019 | $25M | not disclosed | not named |
| Payment Processing & Point of Sale | 26 Mar 2020 | $75M | not disclosed | B Capital |
| Payment Processing & Point of Sale | 16 Jan 2019 | undisclosed | $68M | Dr. Max Iann Invest GmbH |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Tipalti raise in its Series D round?
Tipalti raised $76M in its Series D round, announced in Sep 2019.
Who led Tipalti's Series D round?
Zeev Ventures led it, with Group 11, 01A, Greenspring Associates and TrueBridge Capital Partners.
What was Tipalti's valuation at the Series D round?
It was not disclosed.
Did Tipalti raise again after this round?
Yes: a Series E round in Oct 2020 of $150M at $2.00B post-money.