Tipalti, a Foster City, CA-based AI-driven finance automation platform, has raised $200 million in growth financing.
Investors
The round was led by Hercules Capital, Inc., a specialty finance company that provides senior secured venture growth loans to high-growth, innovative, venture capital-backed companies across various industries, including technology, SaaS, life sciences, and sustainable and renewable sectors. Since its inception in 2003, Hercules Capital has committed over $23 billion in financing to more than 690 companies.
Tipalti Use of Funds
The company will use the funds to expand its AI capabilities, invest in product innovation, and support global growth initiatives.
About Tipalti
Tipalti is an AI-driven finance automation platform designed to help companies streamline finance operations. Its platform provides a comprehensive suite of finance automation solutions for mid-market businesses, covering accounts payable, global payouts, procurement, employee expenses, corporate cards, supplier management, tax compliance, and treasury. Headquartered in Foster City, California, Tipalti serves over 5,000 global companies, including Calm, Udemy, AG1, and AppLovin.
Funding Details
Company: Tipalti, Inc.
Raised: $200.0M
Round: Growth Financing
Funding Date: September 2025
Lead Investor: Hercules Capital, Inc.
Additional Investors: N/A
Company Website: https://tipalti.com/
Software Category: Finance Automation / AI for Finance
Source: https://tipalti.com/press/tipalti-growth-financing-ai-innovation