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Taulia Closes $13 Million in Funding from Singapore-based Economic Development Board and BBVA Ventures

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In the calm between the FinovateFall and FinDEVr conference storms, we’ve received news of three recent fundings from Finovate alums. Along with BillGuard and Bionym, one more Finovate alum announced funding this week. 

Taulia, a company that provides e-invoicing services and other supplier services, such as financing, added $13 million to its round of Series D funding. New investors in the San Francisco-based company include EDBI (Singapore-based Economic Development Board) and BBVA Ventures.

Taulia has raised a total of almost $76 million since its 2009 launch. Previous funding includes:

Seed

  • Amount: $6 million/ Undisclosed
  • Closed: Unknown
  • Investor: Trinity Ventures

Series A
    • Amount: $3.2 million
    • Closed: December 6, 2010
    • Investors: Trinity Ventures, Matrix Partners, and David Wu

Series B 

    • Amount: $8.5 million
    • Closed: July 1, 2011
    • Investors: Trinity Ventures Matrix Partners DAG Ventures
Series C
    • Amount: $18 million
    • Closed: August 23, 2013
    • Investors: TELUS Ventures, Matrix Partners, Trinity Ventures, DAG Ventures, Lakestar

Series D

    • Amount: $27 million
    • Closed: July 22, 2014
    • Investors: SEB Private Equity, DAG Ventures, Lakestar, Matrix Partners, Trinity Ventures, QuestMark Partners
The new $13 million installment is the second part of its Series D round, bringing the total Series D round to $40 million. 
According to TechCrunch, Taulia will use the new funding to continue expansion into new markets.

Taulia demonstrated at FinovateSpring 2012, where it debuted its Early Payment Network.