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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.
/CNW/ Boast.ai, a software innovator whose flagship product automates the complex process of claiming R&D tax credits in the US and Scientific Research &.
/PRNewswire/ Boast.ai, a software innovator whose flagship product automates the complex process of claiming R&D tax credits in the US and Canada, today.