illustration Geometric abstract background with connected line and dots,Futuristic digital background for Business Science and technology
Our Work

Latham & Watkins Advises on Leading Payment Automation Unicorn Tipalti’s US$150 Growth Financing

May 15, 2023
Funding will enable the cloud-based smart payables platform to further invest in product innovation.

Tipalti, the global payables automation platform headquartered in Israel, has announced it raised US$150 million in incremental growth financing from JPMorgan Chase Bank and Hercules Capital, Inc. (NYSE: HTGC) (Hercules).

Latham & Watkins LLP advises Hercules in the financing with a finance team led by Bay Area partners Haim Zaltzman and Dan Van Fleet, with associates Hai Pham and Tony Noh. Advice was also provided on tax matters by Los Angeles partner Eric Cho. Hercules was also represented by Gornitzky & Co. in Israel.