What is Statement?
Statement operates at the intersection of artificial intelligence and corporate treasury management. The platform serves as a centralized hub that integrates data from banks, ERP systems, payment processors, and billing tools to provide CFOs and treasurers with unprecedented visibility into their cash positions. By leveraging machine learning for dynamic cash flow forecasting and automated bank reconciliations, the company eliminates the manual, error-prone processes that have historically plagued enterprise accounting. This AI-driven approach allows organizations to optimize liquidity and manage risk without the traditional burden of heavy IT implementation, effectively democratizing access to high-level financial intelligence.
How much funding has Statement raised?
Statement has raised a total of $12M across 1 funding round:
Angel/Seed
$12M
Angel/Seed (2023): $12M with participation from Glilot Capital Partners, Titan Capital, Mensch Capital, Citigroup, and Operator Partners
Key Investors in Statement
Glilot Capital Partners
A top-performing venture capital firm focused on supporting founders in the cybersecurity and AI sectors through comprehensive advisory and market leadership programs.
Citigroup
A global financial services institution providing a broad range of banking, treasury, and trade solutions to corporations and institutions worldwide.
Operator Partners
A venture capital firm that invests its own capital in technology companies from Pre-Seed to Series B, focusing on business building and scaling support.
What's next for Statement?
With this major strategic investment, Statement is poised to accelerate its product roadmap and expand its footprint within the enterprise sector. The company is expected to focus on deepening its AI capabilities to further automate complex transaction categorization and predictive modeling. As global enterprises continue to prioritize digital transformation in their back-office operations, Statement is well-positioned to capture significant market share. The focus will likely shift toward scaling its integration ecosystem and enhancing its predictive analytics suite to provide even more granular insights into global cash management workflows, ensuring that treasury teams can make data-backed decisions with greater speed and accuracy.
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