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Taulia

95 3rd Street 2nd Floor #7776, San Francisco, California, 94103, United States

Overview

Taulia is a US-based fintech founded in 2009 that provides working-capital and supply-chain finance solutions enabling suppliers to obtain early payments. The company integrates with enterprise platforms and leverages transaction data to free up cash, accelerate payments, and improve supply chain health. Taulia reported achieving profitability in 2019 and has said it had never experienced a default. On March 10, 2021 Taulia announced it had acquired over $6 billion in financing from a JPMorgan-led consortium after its partner Greensill Capital filed for insolvency. The financing includes a JPMorgan-offered $3.8 billion credit facility that Reuters said is valued at over $6 billion; consortium members named by Taulia include UniCredit, UBS and BBVA. Taulia said the credit facility will provide clients who previously relied on Greensill with continued and steady access to liquidity. Taulia provides working capital solutions via a technology platform combined with services to help companies optimize working capital and supply-chain finance. The platform enables firms to transition from manual working-capital processes to technology-led optimization strategies. A network of 2 million businesses uses Taulia’s technology, and the company processes over $500 billion every year. Taulia’s customers include large global companies such as Airbus, AstraZeneca, Nissan and Vodafone. Led by CEO Cedric Bru, the company plans to use new funding to accelerate growth and pursue further global expansion. The article frames the business as focused on scaling its platform and network internationally. Taulia is a San Francisco-based financial supply chain platform that connects large companies to their suppliers through eInvoicing, supplier management and supplier financing tools. The platform has processed over $150 billion in transactions for 700,000 suppliers in more than 100 countries. Customers include Coca-Cola Bottling, Pfizer, Hallmark, John Deere and other Fortune 500 companies across industries. The company raised $46M in a Series E financing led by Zouk Capital, and has raised over $130M to date. Taulia is led by CEO Cedric Bru and recently hired John Varughese as CFO, who will oversee finance, legal and HR. The article does not disclose revenue figures. Taulia operates a supplier-financing and electronic invoicing platform that automates tracking of invoices and payments and offers short-term financing for approved invoices. The platform reduces buyer costs while accelerating supplier payments. The company reported $75 billion in short-term financing provided to suppliers and a 186% growth in its supplier network as of 2014. Taulia has grown to more than 200 employees, roughly double its headcount from a year earlier, and recently hired CFO Rik Thorbecke. The company says it will use the new funding to continue international expansion. Taulia offers a platform that enables Fortune 500 companies to handle invoicing and supplier payments electronically, automate invoicing workflows, and optimize supplier discounts via dynamic discounting. For suppliers the platform simplifies invoice submission, increases visibility into approval status, speeds payments, and enables short-term supplier financing against approved invoices. Taulia serves global clients including PG&E, Hallmark, Coca-Cola Bottling Co., and Graphic Packaging International. The company has expanded from the U.S. into Europe and plans further regional expansion in Asia-Pacific and Latin America. Management intends to open a regional headquarters in Singapore to serve APAC and later consider a regional HQ in Mexico or Brazil for Latin America. Taulia was founded in 2009, has about 180 employees (up from 100 at the start of the year), and maintains offices in San Francisco (HQ), Park City, Austin, and London.

Total raised
$4.0B
Funding rounds
9
Latest round
Debt Financing
Latest activity
Mar 2021

Industries

  • Enterprise Software
  • Financial Services
  • FinTech
  • Hardware
  • SaaS
  • Software
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Recent funding

  1. Debt Financing

    Mar 2021

    $3.8B

  2. Equity

    Jul 2020

    $60M

  3. Series E

    Jan 2016

    $46M

  4. Equity

    Jan 2015

    $15M

  5. Series D

    Sep 2014

    $13M

Team