The American investment giant Blackstone is in advanced negotiations for an investment of tens of millions of dollars in the Israeli fintech company Stampli, which develops an AI-powered Accounts Payable automation solution.
Full list of Israeli high-tech funding rounds in 2023
Calcalist has learned that Blackstone, managed in Israel by Yifat Oron, will lead a significant investment round in Stampli that will exceed $50 million. According to estimates, existing investors of the company are expected to participate in the round, including Insight Partners, SignalFire, and Nextworld Capital. The company has raised $87 million to date. Blackstone and Stampli did not respond to Calcalist’s request for comment.
In the upcoming months, according to estimates, we will see increased investment activity not only by Blackstone but also by other American funds that seek to invest significant sums of money in companies that are in good shape. To Stampli’s credit, the company never pursued a disproportionate value and is therefore able to raise funds without negatively impacting the company’s valuation.