Taulia Inc., a San Francisco, CA-based financial supply chain company, raised $46m in Series E financing.
The round was led by London-based Zouk Capital with participation from new and existing investors.
The company has raised over $130m to date.
Led by Cedric Bru, CEO, Taulia provides a financial supply chain platform that connects large companies to their suppliers to do business through a combination of eInvoicing, supplier management and supplier financing tools.
The platform has processed over $150 billion in transactions for 700,000 suppliers in more than 100 countries.
Customers include Coca-Cola Bottling, Pfizer, Hallmark, John Deere, and other Fortune 500 companies from various industries.
In addition to the funding, the company hired John Varughese as CFO. In this role, Varughese will oversee all finance, legal and HR operations and will report directly to CEO Cedric Bru.
He has joined Taulia from Perella Weinberg Partners, where he served as a partner in the advisory business. He built and ran the technology advisory practice and was responsible for relationships with top-tier clients including Google, PwC, Oracle and Marsh & McLennan. Prior to Perella, Varughese was a managing director at Lehman Brothers, where he led investment banking teams for many of the firm’s largest technology clients.