Statement
Payment Flow Automation Platform
Startup Acquired Fintech & Insurtech Est. 2022
Total Raised
$12M
Acquired
Last Round
$12M
1 rounds
Investors
5
5 public
Team
2
11-50 employees
Confidence
89/100
News
1
articles
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.
Classification
Sector
Business SoftwareIT, R&D & Data SolutionsSoftware Development ToolsData Analysis & Decision SupportFintech & InsurtechMoney Transfer & Management
Core Technology
Platforms & InterfacesAPISoftware
Target Customer
Enterprise & Professional ServicesSMBs & SMEsEnterprisesFinancial ServicesFinancial Institutions
Business Model
B2BB2G
Tags
financial-servicesapidata-integrationautomation
Funding & Events
Oct 2023
Seed $12M
Glilot Capital Partners (Lead), Mensch Capital Partners, Citi Ventures, Titan Capital Partners, Operator Partners
Jun 2025
Exit $30M
News (1)
Oct 18, 2023 · techcrunch.com
Statement, a cash flow management platform for enterprises, raises $12M | TechCrunch
Details
Product Stage
R&D
Employees
11-50
Exact Count
23
Founded
2022
Registrar
516577483
Locations
Tel Aviv-Yafo, Israel
New York, NY, USA
Links
Website
LinkedIn
Admin
Last Update
Jun 18, 2025
Verified by
Dana Arnon
Missing
video or image, markets, not claimed
Team (2)
Idan Vlodinger
Co-Founder & CEO
Founder
Shahar Lahav
Co-Founder & CTO
Founder
Internal
Created by
Dana Arnon (dana.arnon@mail.huji.ac.il)
Created
2022-10-13T00:00:00.000Z
Last editor
Dana Arnon (dana.arnon@mail.huji.ac.il)
Status
Acquired by Tipalti on Jun, 2025