Statement

Company Overview

Snapshot

Founded in April 2022 by Idan Vlodinger and Shahar Lahav, Statement operates with 11–50 employees. The company secured funding across one round from 5 investors, with Glilot Capital Partners identified as a lead investor. Statement was acquired by Tipalti in June 2025.

Business overview

Statement specializes in automating payment flows between businesses and their banks. Its platform provides a real-time view of payment status and cash position across all banks, accounts, entities, geographies, and currencies. Leveraging direct bank API connectivity, Statement streamlines, automates, and optimizes existing financial operations, offering a comprehensive overview. By integrating banking data with internal data sources like ERPs and AP/AR providers, the company covers the entire payment lifecycle, from initiation and approval to processing and accounting, enhancing cash visibility and reconciliation for enterprises and financial institutions.

Strategic signal

The acquisition of Statement by Tipalti in June 2025 signifies a strategic consolidation within the fintech sector, particularly in payment flow automation. This move suggests Tipalti's intent to enhance its offerings with Statement's real-time cash visibility and reconciliation capabilities, indicating a market trend towards integrated financial management solutions. For investors, this acquisition validates Statement's technology and market approach, highlighting the value of specialized automation platforms in the enterprise financial ecosystem.

Company Intelligence Q&A

When was Statement acquired and by whom?

Statement was acquired by Tipalti in June 2025.

Which investors participated in Statement's funding round?

In October 2023, Statement secured funding from Glilot Capital Partners and Mensch Capital Partners.

What is Statement's primary focus?

Statement specializes in automating payment flows between businesses and their banks, providing real-time cash position and payment status across various financial accounts and entities.

When was Statement founded and by whom?

Statement was founded in April 2022 by Idan Vlodinger and Shahar Lahav.

What is the core technology used by Statement?

Statement's core technology involves direct bank API connectivity to integrate banking data with other internal data sources like ERPs and AP/AR providers, covering the complete lifecycle of company payments.