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Venture Capital News: Tipalti Secures $150 Million in Growth Financing

2023-05-15
FOSTER CITY, CA, Tipalti, a payables automation platform, announced it has raised $150 million in incremental growth financing.
Tipalti, a payables automation platform, announced it has raised $150 million in incremental growth financing from JPMorgan Chase Bank and Hercules Capital, Inc. (NYSE: HTGC). Coming on the heels of a $270 million Series F in 2021 that brought the company's total funding to over $550 million, this latest raise will enable Tipalti to further invest in product innovation and supporting its customers.
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