What is Statement?
Statement is an AI-native treasury automation platform headquartered in New York, NY, designed to transform financial operations for global enterprises. The platform connects financial data from multiple sources including banks, ERPs, payment service providers, billing tools, and spreadsheets into a centralized, real-time dashboard. Using advanced AI and machine learning, Statement delivers real-time cash visibility, dynamic cash flow forecasting, automated bank reconciliations, and AI-driven transaction categorization without requiring IT resources. The platform is purpose-built for treasurers, CFOs, and accounting teams seeking to optimize liquidity, manage risk, and streamline complex cash management workflows.
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, Citigroup, Titan Capital, Mensch Capital, and Operator Partners
Key Investors in Statement
Glilot Capital Partners
Glilot Capital Partners is a top-performing venture capital firm focused on supporting founders in the cybersecurity and AI sectors, providing a comprehensive framework from seed stage to market leadership.
Citigroup
Citigroup Inc. is a leading global financial services company providing a broad range of financial products and services to individuals, corporations, governments, and institutions worldwide.
Titan Capital
Titan Capital Inc is an investment company that specializes in providing strategic investment opportunities aimed at achieving high-yield returns through expert asset management and a robust network.
What's next for Statement?
With a major enterprise-level funding context and a recent strategic investment, Statement is poised for significant scaling and market expansion. This substantial backing will likely fuel further development of its AI-driven treasury automation capabilities, enhance its go-to-market strategy, and potentially broaden its reach into new enterprise segments. The company's focus on providing real-time cash visibility and automated workflows positions it to capitalize on the growing demand for sophisticated financial management solutions in large organizations.
See full Statement company page
