B2B Payments

Taulia Keeps Quiet With $20M Investment

It’s been a relatively quiet year for Taulia, a supply chain financing company that provides businesses with payment, eInvoice and invoice discounting solutions. Even with new funding, the company seems to be keeping mum.

Reports in NewsCenter.io said this week that Taulia has raised $20 million, according to a filing with the Securities and Exchange Commission (SEC). The company has not made any public announcement of the investment, however, nor do the filings reveal who provided the funding, reports said.

Separate reports in The Press Telegraph said Taulia filed a Form D disclosure announcing $33.29 million in equity financing and has so far raised $20 million of it. The supply chain and invoicing company reportedly did not indicate the reason for the financing, which has not yet closed as the company is still looking to raise an additional $13.29 million, said reports.

Taulia announced in early 2015 that it raised $15 million, tacking onto the $40 million the company raised in 2014.

Late last year, the company said it struck a partnership with Exostar, a service provider of the aerospace and defense, life sciences and health care sectors. The more than 100,000 companies using Exostar services gain access to Taulia’s supply chain and eInvoice finance offerings through the partnership, the companies said at the time, with Taulia’s Software-as-a-Service (SaaS) tool integrating directly into the Exostar platform.

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