comparemela.com

President Lloyed Lobo News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Boast AI Secures $100M to Fuel R&D Tax Credit-Based Financing for Startups

Share this article Share this article SAN FRANCISCO, Feb. 17, 2021 /PRNewswire/  Boast.ai, a software innovator whose flagship product automates the complex process of applying for R&D tax credits, has secured a $100 million credit facility from Brevet Capital, a leading alternative credit investment and specialty finance firm, to launch an innovative financing platform enabling startups to receive cash advances on R&D tax credits and subsidies. This new financing is in addition to Boast.ai s $23M Series A led by Radian Capital that was announced last December. Announcing the deal today, Boast.ai said the novel financing vehicle would simplify the R&D credit process and fuel innovation.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.