The new amount raised brings total funding raised to date to around USD 280 million for the B2B fintech company. Led by Durable Capital Partners, the Series E round also includes significant investments from Greenoaks Capital and participation from current investor 01 Advisors.
Tipalti will use this additional funding to double-down on its product roadmap, accelerate its growth path, extend its global presence, and increase its market position as a preferred solution for high-velocity companies across the globe. This growth will be fuelled by increasing developer, product management, customer operations, sales, and business development headcount.
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