It all started in 2009 when we launched one of the world’s first technology-enabled dynamic discounting solutions.
$3.2 million Series A capital raised. We signed our first major buyer, Pfizer, and the relationship has continued to grow. They now have over 30,000 suppliers enrolled.
Taulia expanded to Europe. We surpassed $25.8B in spend through our platform.
Taulia grew to 47 employees. Our customers surpassed $100B spend through our platform. We achieved SAP Gold status - the highest level of partnership with SAP.
We opened our sixth office and doubled our staff in a year to hit 97.
With a changing economic landscape, as working capital became a priority for more companies, we added Supply Chain Finance to simultaneously support the working capital needs of both buyers and suppliers.
Strong growth saw the company grow to 223 employees and 1.2 million supplier connections. Forbes named Taulia one of the fastest-growing SaaS companies.
We raised a further $46M to invest in our products and services.
We’ve transacted over $1 trillion through our network. A further $20M in venture capital raised, reaching a total of $176.7M raised since 2010.
Record growth with over $6B accelerated in one quarter. We partnered with Google to launch an AI-powered invoicing solution that finally brings 100% invoice automation within reach.
We now have over 1.8 million supplier connections and transact over $500B annually through our network.
We partnered with investment bank and financial services provider J.P. Morgan, who took an equity stake in the business, further cementing our position as the market-leading provider of working capital management solutions.
We joined the SAP family when the German multinational acquired a majority stake in Taulia. As part of SAP’s Business Network, we continue to operate as an independent company providing businesses access to value tied up in their payables, receivables and inventory.
Our vision for working capital management
Taulia’s aim is to help businesses unlock the cash trapped in their supply chains. Now, together with SAP, we want to further benefit our customers and allow them to invest and thrive.
Christian Klein and Cedric Bru discuss Taulia becoming a part of the SAP family
Luka Mucic and Cedric Bru on the importance of an effective working capital management strategy