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Blue Dot raises $32M so that AI can worry about company tax compliance

Results for Blue Dot raises $32M so that AI can worry about company tax compliance Formerly known as VATBox, Israeli startup Blue Dot aims to cover the entire tax report and return headache for enterprises Oshry Alkeslasi / 8 Apr 2021 • 1 min read Israeli startup Blue Dot (formerly, VATBox), a developer of an AI-powered tax compliance platform, closed $32 million in growth funding from Ibex Investors. Lutetia Technology Partners also participated in the round, alongside existing investors Target Globalm Viola, and Lamaison Partners. Automating tax reports Blue Dot’s technology collects, completes, and reviews financial transaction data, to automate analysis of employee spend to determine tax reports, according to the regulations of the employee’s country of residence. The platform compiles all necessary expense reports, enabling enterprises to

Blue dot Secures $32 Million in Funding to Accelerate Growth

Blue dot Secures $32 Million in Funding to Accelerate Growth Tax Compliance Platform Blue dot Closes Successful Funding Round Led by Ibex Investors in partnership with Lutetia Technology Partners News provided by Share this article Share this article WALTHAM, Mass., April 7, 2021 /PRNewswire/ Blue dot, formerly known as VATBox, makers of the leading AI-driven, cloud-based tax compliance platform, today announced that the company successfully closed a $32 million funding round led by Ibex Investors in partnership with Lutetia Technology Partners. Previous investors Lamaison Partners, Viola and Target Global also participated in the round. The funding enables Blue dot to deliver its groundbreaking solutions to more North American and European customers as demand rises for digital tax compliance solutions.  

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