Tipalti is the accounting software for financial technology Business. It is provided to combine accounts for payables or payments services for small and medium-size business who needed to pay their suppliers. Tipalti Support headquarter is situated in San Mateo at CA with R & D offices are in Herzliya, Israel. Tipalti was founded by Venture capitalist Oren Zeev and Amit in 2010. Approximately funding $3million from private investors and launched its products in 2012.
In the year of 2014, the company his a supplier portal module enabled to the accounts payable departments for automatic payments to the supplier, vendors, or independent to contractors. In 2014, the company raised an additional $13 million from the venture capital investors to led by the Wicklow Capital with participation from the group 11.
On the 2014 October, “Tipalti” CEO Chen Amit started their company and it processing to approximately 3 lac payees or between to $1.5 billion annually in the payments. After in 2015, Tipalti integrated into an intelligent form W-8 collection solutions to SaaS-based platform. In 2016, it ha released the addition of an invoice & managements solution in their AP automation technologies. The company also expenses to the tax compliance supporting suppliers in Argentina and Brazil.