About
Statement specializes in automating payment flows between businesses and their banks. The company’s platform provides businesses with a real-time view into their payment status and true cash position across all banks, accounts, entities, geographies, and currencies.
With direct bank API connectivity, Statement enables businesses to manage their money by streamlining, automating, and optimizing existing work while giving the entire organization a true, real-time financial overview.
By integrating banking data with other internal data sources such as ERPs, AP/AR providers, and more, Statement covers the complete lifecycle of company payments, including initiation, approval, processing, and accounting, in order to automate cash visibility and reconciliation.
Funding history · 1 round · $12.0M total
Company Intelligence Q&A
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- What is Statement's primary business focus?
- Statement specializes in automating payment flows between businesses and their banks, providing real-time visibility into payment status and cash positions.
- When was Statement founded?
- Statement was founded in April 2022.
- What was Statement's last funding round and when did it occur?
- Statement completed a Seed funding round in October 2023, raising $12,000,000. Glilot Capital Partners was a lead investor.
- What is Statement's current status?
- Statement was acquired by Tipalti in June 2025 for $30,000,000.
- Where is Statement's headquarters located?
- Statement's headquarters is located in Tel Aviv-Yafo, Israel.
- Does Statement have offices outside of Israel?
- Yes, Statement has an office in New York, NY, USA.
- How many employees does Statement have?
- Statement has 23 employees.
- Who are the co-founders of Statement?
- The co-founders of Statement are Idan Vlodinger and Shahar Lahav.