What Statement does

Statement is an AI-native treasury automation company founded in 2022 and headquartered in Tel Aviv with a New York office. The company built a unified treasury platform whose core is a bank connectivity and data-enrichment layer that integrates with more than 3,000 global corporate banks, ERPs, payment service providers, and databases, normalizing raw financial data through proprietary machine learning models. On top of this layer sit four productized modules: Cash Visibility (real-time, multi-entity cash positioning), Cash Forecasting (living 13-week and 52-week AI forecasts updated continuously from ERP and bank data), Treasury Insights (anomaly detection, hedging-risk and liquidity alerts), and Cash Application (AI-driven reconciliation that matches payments to invoices). The platform is delivered to mid-market and enterprise finance teams, including notable customers such as Appsflyer, Riskified, ZIM, Natural Intelligence, Kape, Israelpharm, DuraVent, Blue Dot, ExpressVPN, and Primark. The go-to-market is a direct enterprise sales motion supplemented by channel partnerships with U.S. Bank's Connected Partnership Network and Morgan Stanley's Global Liquidity Solutions team; pricing is quote-based and subscription-oriented, with security credentials including SOC 1, SOC 2 Type II, ISO 27001, and GDPR compliance.

The company is led by co-founders Idan Vlodinger (CEO) and Shahar Lahav (CTO), supported by a leadership team that was expanded in early 2025 to include enterprise SaaS veterans in sales and marketing. Statement raised a $12 million seed round in October 2023 led by Glilot Capital Partners with participation from Citi, Mensch Capital Partners, Operator Partners, and Titan Capital. In June 2025, Statement was acquired by Tipalti, a California-based finance automation platform, for approximately $30 million, integrating Statement's real-time cash intelligence capabilities into Tipalti's broader mid-market finance automation suite.

Name

Statement

Legal name

Statement Ltd.

Website

https://statement.io

Company type

Private

Founded year

2022

Operating status

Acquired

Headcount range

11–50 employees

Short description

Statement is an AI-native treasury automation platform, founded in 2022 in Tel Aviv, that connects to 3,000+ banks and ERPs to provide mid-market and enterprise finance teams with real-time cash visibility, AI-driven forecasting, reconciliation, and treasury insights. The company was acquired by Tipalti in June 2025.

Ownership category

akta.pro rank

Product category

Treasury Management Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Cash Forecasting, Reconciliation & Liquidity Tools (FSAMAOAH)

akta.pro secondary industries

Corporate Cash Management & Treasury Services (FSAMAOAA), Treasury & Risk Management Solutions (FX/MM, hedging, TMS integration) (FSABAIAE), Treasury Operations Support (Cash Management, Bank Reconciliations, Payments Ops) (BPAAAGAH)

Keywords

• AI treasury automation
• Cash visibility platform
• Cash flow forecasting
• Bank connectivity
• Financial data enrichment

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Platform Subscription: Statement operates as a SaaS treasury automation platform with subscription-based pricing. The platform provides finance automation solutions for mid-market businesses. Revenue is generated through recurring platform subscriptions for cash visibility, forecasting, and treasury insights services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Statement provides an AI-native treasury automation platform that unifies and enriches financial data from 3,000+ global corporate banks, ERPs, payment service providers, and databases. The platform delivers real-time cash visibility, AI-driven 13-week and 52-week cash flow forecasting, AI-powered transaction matching and reconciliation, and proactive treasury insights including anomaly detection and hedging risk identification. It is sold as a SaaS subscription to CFOs, treasurers, and finance teams at mid-market and enterprise companies.

Product overview

Statement is an AI-native treasury automation platform that provides a unified suite of treasury management products. The core platform consists of Bank Connectivity (the underlying integration layer connecting to 3,000+ banks, ERPs, and payment systems) that feeds into three primary products: Cash Visibility (real-time multi-entity cash positioning), Cash Forecasting (AI-driven 13/52-week rolling forecasts), and Treasury Insights (proactive alerts and anomaly detection). An additional Cash Application module handles AI-powered reconciliation. All products share a common data enrichment engine that normalizes and structures financial data using machine learning, with continuous sync to customer ERP systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Cash Visibility Real-time cash position monitoring across all banks, accounts, entities, currencies, and regions in a single unified view. Provides always-on cash positioning with drill-down to transaction level, multi-entity rollup, and AI-powered analysis to spot underutilized cash and unusual activity. Built for CFOs, treasurers, and finance teams at mid-market and enterprise companies.
• Cash Forecasting AI-driven cash flow forecasting providing 13-week and 52-week rolling forecasts updated in real-time based on cash inflows, outflows, and live ERP data. Dynamically adjusts as new transactions occur, eliminating manual forecast updates. Designed for finance teams needing reliable, always-current cash position outlook.
• Treasury Insights AI-powered alerts and analysis providing proactive treasury intelligence. Monitors global cash positions 24/7, identifies hedging risks, unusual transactions, projected liquidity issues, and high fees. Delivers actionable insights tailored to business-specific patterns and seasonality. Built for treasurers and CFOs managing complex global cash positions.
• Bank Connectivity Connectivity and data enrichment platform that unifies bank data, ERPs, payment service providers, and databases. AI engine normalizes, structures, and categorizes raw bank data using machine learning and pattern recognition. Includes two-way ERP sync, white-glove onboarding, and connectivity to 3,000+ global corporate banks via APIs, SFTP, or host-to-host. Designed for enterprise finance teams needing unified financial data infrastructure.
• Cash Application AI-powered reconciliation module that matches received payments to open invoices in the ERP automatically. Uses predictive match scores and continuous cash application processing to reduce reconciliation time by up to 75%. Built for accounting and finance teams seeking to automate manual payment-to-invoice matching.

Quantifiable outcome

• 90% reduction in transaction processing time
• +4 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability7 records

Feature7 records

Partnerships

Three partnerships are on record, tiered core and minor.

• TipalticoreStrategic or Co-development Partner · 17 June 2025Tipalti, a California-based finance automation unicorn, acquired Statement for approximately $30 million to enhance its platform with real-time treasury automation capabilities including cash visibility, reconciliation, and forecasting across multiple accounts and currencies. The acquisition closed in June 2025 and strengthens Tipalti's AI-powered finance automation suite for mid-market businesses.
• U.S. BankcoreChannel Partner/ Reseller/ Distributor · 4 February 2025Statement joined U.S. Bank's Connected Partnership Network (CPN), an award-winning marketplace of fintech solutions integrated with U.S. Bank systems. This partnership provides U.S. Bank's corporate treasury clients seamless access to Statement's AI-driven cash intelligence for real-time visibility and cashflow forecasting.
• Morgan StanleyminorChannel Partner/ Reseller/ DistributorMorgan Stanley's Global Liquidity Solutions team partnered with Statement to deliver better data and advanced cash-flow forecasting capabilities to clients. Managing Director Fred McMullen endorsed Statement as a cutting-edge technology partner meeting critical treasury needs.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Agicap: Agicap is a European cash flow forecasting and treasury management platform serving mid-market CFOs — comparable to Statement's cash forecasting and visibility products, primarily competing in EMEA rather than the US.
• Modern Treasury: Modern Treasury provides a payment operations platform with bank connectivity and money movement APIs — overlapping with Statement's bank connectivity and treasury workflows, but more focused on payment operations than cash visibility/forecasting.

Direct peers

• Kyriba: Kyriba is the leading SaaS treasury management platform serving CFOs and treasurers globally with cash visibility, forecasting, payments, and risk management — the closest direct competitor to Statement and notably the previous employer of Statement's VP of Sales for 13 years.
• Trovata: Trovata is an AI-native cash management and forecasting platform that aggregates bank data for treasury teams — directly comparable to Statement's cash visibility and cash forecasting products with a similar enterprise SaaS model.
• GTreasury: GTreasury provides a SaaS treasury management system for cash visibility, forecasting, bank connectivity, and risk management — a direct competitor in the same enterprise treasury automation category as Statement.
• Treasury Intelligence Solutions (TIS): TIS is a cloud-based treasury and payments platform offering bank connectivity, cash visibility, and transaction enrichment — directly competing with Statement for the same CFO and treasurer buyer in mid-market and enterprise.

Broad incumbents

• HighRadius: HighRadius is an enterprise fintech with AI-powered Order-to-Cash, Treasury, and Record-to-Report suites — a broad incumbent whose treasury and cash management products directly overlap with Statement's offering for large enterprises.
• SAP Treasury Management: SAP Treasury Management (part of S/4HANA Finance) is a broad incumbent treasury system used by large global enterprises — competing with Statement for the same enterprise treasury buyer, often via ERP-led bundled deals.

Others

• Plaid: Plaid is the leading financial data aggregator providing bank connectivity APIs — an enabling/adjacent infrastructure layer that powers Statement's bank connectivity and is also a potential competitor as it expands into treasury use cases.

Regional players

• Cashforce: Cashforce is a European (Belgian) AI-powered cash flow forecasting and treasury platform — comparable to Statement's core offering but primarily serving European mid-market customers rather than the US enterprise market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds2 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Statement