Statement
Payment Flow Automation Platform
StartupStatement is a Tel Aviv-Yafo-based startup in the Fintech & Insurtech sector, established in 2022. Payment Flow Automation Platform. The company has raised a total of $12M across 1 funding round, currently at the Acquired stage. Statement was founded by Idan Vlodinger and Shahar Lahav. Key investors include Glilot Capital Partners, Mensch Capital Partners, Citi Ventures, among 5 total investors. The company has 11-50 employees. Core technologies: Platforms & Interfaces, API, Software.
With $12M in total funding, Statement is a Acquired-stage company operating in Fintech & Insurtech. The company follows a B2B/B2G business model. Product stage: R&D.
- StageAcquired
- ProductR&D
- ModelB2B, B2G
- Employees11-50
- HQTel Aviv-Yafo
- Last Round$12M
- Glilot Capital PartnersLead
- Mensch Capital Partners
- Citi Ventures
5 investors total
Idan VlodingerCo-Founder & CEO
Shahar LahavCo-Founder & CTO
1 article covered by sources including techcrunch.com.
What does Statement do?
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.
How much funding has Statement raised?
Statement has raised $12M in total funding across 1 rounds. The company is currently at the Acquired stage. Key investors include Glilot Capital Partners, Mensch Capital Partners, Citi Ventures.
Who founded Statement?
Statement was founded in 2022 by Idan Vlodinger (Co-Founder & CEO), Shahar Lahav (Co-Founder & CTO).
What sector is Statement in?
Statement operates in Business Software, IT, R&D & Data Solutions, Software Development Tools, Data Analysis & Decision Support, Fintech & Insurtech, Money Transfer & Management, with core technologies in Platforms & Interfaces, API, Software. Target customers: Enterprise & Professional Services, SMBs & SMEs, Enterprises, Financial Services, Financial Institutions.
Where is Statement located?
Statement is based in Tel Aviv-Yafo, Israel. The company also has offices abroad.