# Statement

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/statement

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.statement.io
- Total disclosed funding: $7M
- Latest round: Seed (Oct 18, 2023)
- Investors on record: 5

## About

Based in New York, US, and founded in 2022 by CEO Idan Vlodinger and CTO Shahar Lahav, Statement Ltd. operates as a financial technology providing financial management companies to optimizing financial processes through online platform. In October 2023, Statement Ltd. raised USD 12 million in seed funding led by Glilot Capital Partners, with participation from Citi Ventures, Mensch Capital Partners, Operator Partners, and Titan Capital. 

Statement Ltd provides a cash intelligence-based platform, which is a multi-banks and enterprise resource planning (ERP) connectivity that allows users to generate working capital analysis. The company offers a variety of features such as global cash management, automated transaction categorizations, automated argument reality, forecasting, and artificial intelligence-based liquidation support. In addition, the firm provides security of trades and transactions such as Data encryption, security-design reviews and regular penetration tests, product security, authentication, and authorization procedures. As of 2023, the firm’s client base includes including Natural Intelligence, Riskfied, Blue Dot, Mixtiles, Neema, Vaccessibe, and many more.  

The company plans to use the funding from October 2023 to focus on developing and advertising its product offerings.

## Funding rounds

- Seed, Oct 18, 2023, $7M — Glilot Capital Partners, Citi Ventures, Operator Partners, Titan Capital Partners, Mensch Capital Partners

## Investors

- Glilot Capital Partners (https://capitalatlas.ai/funds/glilot-capital-partners) — Seed
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Seed
- Operator Partners — Seed
- Titan Capital Partners (https://capitalatlas.ai/funds/titan-capital-partners) — Seed
- Mensch Capital Partners (https://capitalatlas.ai/funds/mensch-capital-partners) — Seed