About Statement
Statement is a company based in New York (United States) founded in 2022 by Idan Vlodinger and Shahar Lahav was acquired by Tipalti in June 2025. It operates as a SaaS (Software-as-a-Service). Statement has raised $12 million across 1 funding round from investors including Citi, Tipalti and Glilot. Statement offers products and services including Cash Visibility, Cash Forecasting, Cash Application, Insights, and Robin AI. Statement operates in a competitive market with competitors including Anaplan, Workday Adaptive Planning, Vena Marketing, Planful and Pigment, among others.
- Headquarter New York, United States
- Founders Idan Vlodinger, Shahar Lahav
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Statement Inc.
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Products & Services of Statement
Statement offers a comprehensive portfolio of products and services, including Cash Visibility, Cash Forecasting, Cash Application, Insights, and Robin AI. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cash positions are unified across all accounts instantly.
AI-driven forecasts are provided for cash flow clarity.
Reconciliations are automated using AI for faster processing.
AI-powered alerts are delivered for financial analysis.
Personal AI assistant is offered for treasury tasks.
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Funding Insights of Statement
Statement has successfully raised a total of $12M through 1 strategic funding round. The most recent funding activity was a Seed round of $12 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $12.0M
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First Round
First Round
(18 Oct 2023)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2023 | Amount | Seed - Statement | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Statement
Statement has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Citi, Tipalti and Glilot. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Limited information is provided about Glilot's activities.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are provided by Mensch Capital Partners.
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Investments are made in early-stage companies by Titan Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Statement
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Statement
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Statement Comparisons
Competitors of Statement
Statement operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Anaplan, Workday Adaptive Planning, Vena Marketing, Planful and Pigment, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Operational planning and forecasting solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Cloud-based financial planning and analytics are delivered via SaaS.
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| domain | founded_year | HQ Location |
AI-powered financial planning and accounting software is offered.
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| domain | founded_year | HQ Location |
Cloud-based financial planning and advisory solutions are provided for businesses.
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| domain | founded_year | HQ Location |
A platform for business planning and project management is offered.
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| domain | founded_year | HQ Location |
Expense management solutions are delivered via a software platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Statement
Frequently Asked Questions about Statement
When was Statement founded?
Statement was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Statement located?
Statement is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Statement?
Idan Vlodinger is the current CEO of Statement. They have also founded this company.
Is Statement a funded company?
Statement is a funded company, having raised a total of $12M across 1 funding round to date. The company's 1st funding round was a Seed of $12M, raised on Oct 18, 2023.
What does Statement do?
Statement is established as the first AI-native treasury automation platform, focusing on centralizing and enriching cash data for enterprises. Solutions are provided for real-time cash visibility, forecasting, and reconciliation through AI-driven tools. Services are tailored to support treasurers, CFOs, and accountants in managing liquidity and risk. The platform is utilized by global enterprises to streamline complex cash management processes across multiple accounts and entities.
Who are the top competitors of Statement?
Statement's top competitors include Workday Adaptive Planning, Vena Marketing and Anaplan.
What products or services does Statement offer?
Statement offers Cash Visibility, Cash Forecasting, Cash Application, Insights, and Robin AI.
Who are Statement's investors?
Statement has 6 investors. Key investors include Citi, Tipalti, Glilot, Mensch Capital Partners, and Titan Capital.
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