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Tipalti raises $200M to Push AI Deeper Into Finance

  • Writer: Niv Nissenson
    Niv Nissenson
  • Sep 26
  • 2 min read


Finance automation leader Tipalti has raised $200 million in growth financing from Hercules Capital (NYSE: HTGC - a firm specializing in providing private equity, venture debt, and growth capital financing), marking another milestone in the company’s drive to make artificial intelligence central to the way finance teams work. It's been a busy few months for Tipalti.


The funding follows Tipalti’s recent acquisition of AI-native treasury automation startup Statement in June and in July Tipalti laid off dozens of employees. Growth


Backed by Numbers

The push into AI comes during a strong period of expansion for Tipalti:

  • $200M+ ARR

  • 30% YoY customer growth (over 5,000 businesses now rely on Tipalti, including Calm, Udemy, AG1, and AppLovin)

  • $75B annualized payment volume, up more than 30% YoY

  • Global footprint spanning the U.S., Canada, UK, EU, and beyond


CEO Chen Amit framed the financing and product evolution as a response to the growing urgency for smarter finance operations:


“Crossing over the $200M ARR threshold is a testament to both the value we deliver and the urgency for efficiency globally. Our market opportunity is immense, and we are building for long-term impact as we redefine what’s possible for modern businesses through AI.”


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AI Agents roster

Concurrent with the funding update Tipalti also showcased its a growing roster of AI agents embedded across finance workflows. These agents are designed not only to eliminate repetitive tasks but also to surface insights and allow teams to stay focused on strategic priorities.


Among the new lineup:

  • Reporting Agent – Generates instant reports via natural language prompts.

  • Tax Form Scan Agent – Automates onboarding by extracting W-9 data for faster approvals.

  • Purchase Request Agent – Converts simple descriptions into full purchase requests, streamlining approvals.

  • Branded Experience Agent – Creates customized, AI-powered onboarding experiences for payees.


Tipalti emphasizes that these agents maintain a balance between automation and human oversight. Finance professionals can review, override, or adjust AI-generated actions — a key safeguard for payments and approvals where mistakes carry real risk.


"We understand the importance of a delicate balance between automation and control, which is why we believe AI must still enable finance professionals with the ability to review and override AI-powered decisions, such as critical approvals and payments." - Roby Baruch, CPO of Tipalti.


Alongside the specialized agents, Tipalti has strengthened its AI Assistant. This conversational tool combines Tipalti’s system knowledge with advanced reasoning to answer complex finance questions in real time. By interacting with financial data through chat, teams can generate insights or streamline workflows without jumping across multiple systems.


With $200M in fresh financing, a strengthened product suite, and a fast-scaling customer base, Tipalti is signaling that the next phase of financial automation will be more by intelligent, context-aware agents.


Specialized platforms like Tipalti, long dominant in accounts payable, now face pressure to keep layering on features and AI-driven automations. The goal: build defensible moats before holistic, centralized ERPs can deploy AI at scale for more strategic, end-to-end finance initiatives.

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