Tipalti, an Israeli AI-powered platform for finance automation, has secured US$200 million in growth financing from long-standing partner Hercules Capital..

The funding will support Tipalti’s continued investment in AI, product development, and international expansion.

Following its acquisition of AI-native treasury automation startup Statement, Tipalti has introduced an updated version of Tipalti AI, featuring more advanced, context-aware AI agents.

Integrated across its finance automation solutions, the AI agents assist finance teams in improving efficiency, generating insights, and prioritising strategic work.

“We are proud to deepen our long-standing partnership with Tipalti at such an exciting stage of their growth journey,”

said Catherine Jhung, Senior Managing Director of Hercules Capital.

“Their proven track record of pairing strong growth with meaningful product innovation makes them a rare company. In today’s economic climate, where efficiency and agility are table stakes, businesses need partners who are not only resilient but forward-thinking, and Tipalti exemplifies both.”

Tipalti’s AI agents are designed to reduce repetitive tasks while providing actionable insights, allowing finance teams to focus on higher-value activities.

The Reporting Agent generates customised reports using natural language prompts, enabling users to analyse supplier, procurement, invoice, and payment data, refine reports, and save dashboards for real-time visibility.

The Tax Form Scan Agent automates supplier onboarding with tax compliance scanning to extract W-9 data and accelerate approvals.

The Purchase Request Agent streamlines intake by auto-generating purchase requests, connecting approval workflows, and supporting parallel approvals.

The Branded Experience Agent provides a consistent onboarding experience for payees, with AI-assisted customisation to reduce delays.

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