|Company Name||Fund Raised||Led By||CEO/Co-Founder||Valuation|
|Tipalti||$150M||Durable Capital Partners & Greenoaks Capital||Chen Amit||$2B|
Tipalti has been able to help people in business by providing them with accounts payable and global payments automation software. This financial technology business which deals with accounting software raised funding of $150M. The round was led by Durable Capital Partners and the participation of Greenoaks Capital and 01 Advisors was also reported. Tipalti obtained a valuation of $2B.
Chen Amit, the CEO of Tipalti aims to provide easy account payable services to growing businesses. Chen Amit said that companies especially in the mid-market would invest in anything but Accounts Payable and thus he wishes to expand the platform to make it easy to pay and manage the suppliers.