FT Partners Advises Taulia in its Series D Financing
Overview of Transaction
- On July 22, 2014, Taulia announced a $27mm Series D financing round led by QuestMark Partners
- On September 25, 2014, Taulia announced an additional $13mm in funding including investment from BBVA Ventures and EDBI, bringing the round to a total of $40mm
- Existing investors Matrix Partners, Trinity Ventures, Lakestar and DAG Ventures also participated in the round
- Taulia provides cloud-based invoice, payment, dynamic discounting and supplier finance solutions to corporations and their small business suppliers
- QuestMark Partners ("QuestMark") is an expansion-stage venture capital firm with over $750mm under management
- BBVA Ventures ("BBVA") is the corporate investing arm of the Spain-based BBVA Group
- EDBI is the corporate investment arm of Singapore's Economic Development Board
Significance of Transaction
- Taulia will use the financing to increase its market traction, further its hiring efforts and expand its global presence
- The oversubscribed round brings Taulia's total funding to $70mm
FT Partners' Role
- FT Partners served as exclusive financial advisor to Taulia and its Board of Directors
- FT Partners leveraged its deep knowledge, extensive experience and broad industry relationships to provide critical advisory services throughout the transaction