What is Statement?
Statement operates at the intersection of artificial intelligence and corporate finance, providing a centralized platform that aggregates data from banks, ERP systems, and payment service providers. By eliminating the reliance on manual spreadsheets and legacy IT infrastructure, the platform empowers finance teams to achieve real-time cash visibility and precise transaction categorization. This technological approach addresses the core pain points of liquidity management and risk mitigation, offering a streamlined workflow that enhances operational efficiency for global enterprises. As an AI-native solution, Statement is uniquely positioned to replace fragmented, error-prone manual processes with a high-fidelity, automated financial command center.
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 Mensch Capital, Operator Partners, Titan Capital, Citigroup, and Glilot Capital Partners
Key Investors in Statement
Mensch Capital
Mensch Capital specializes in the monetization of intellectual property, focusing on supporting inventors by helping them leverage their ideas to fund future innovations.
Operator Partners
Operator Partners is a venture capital firm that invests its own capital in technology companies, providing support on business building and scaling challenges.
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.
What's next for Statement?
Looking ahead, the strategic deployment of this capital will likely focus on deepening the platform's integration capabilities and expanding its footprint within the enterprise fintech sector. As the company matures, the focus will shift toward scaling its AI-driven insights to provide more predictive, rather than merely reactive, financial intelligence. By leveraging the expertise of its diverse investor base, Statement is poised to accelerate its product roadmap, potentially introducing advanced risk management modules and enhanced cross-border treasury features. The company's trajectory suggests a sustained commitment to redefining the standard for automated financial operations, ensuring that treasury teams remain agile in an increasingly volatile global economic environment.
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