What is Exactera?
Exactera specializes in corporate tax compliance, offering solutions for transfer pricing, tax provision, and research and development tax credits. By utilizing advanced AI models, the company empowers tax professionals to enhance efficiency, reduce risk, and simplify compliance and documentation processes, ensuring accuracy and confidence. Headquartered in the United States, Exactera serves a global clientele, including numerous well-known brands, by streamlining complex tax operations.
How much funding has Exactera raised?
Exactera has raised a total of $33M across 1 funding round:
Other Financing Round
$33M
Other Financing Round (2023): $33M with participation from Savant Growth and Insight Partners
Key Investors in Exactera
Savant Growth
Savant Growth is an investment firm focused on providing capital to capital-efficient SaaS companies aiming for scale. They offer support through programs like the Savant Accelerator, assisting businesses in various growth stages.
Insight Partners
Insight Partners is a global venture capital and private equity firm investing in high-growth technology and software companies. Their platform, GO, supports portfolio company leaders in fostering connections and strengthening leadership.
What's next for Exactera?
The substantial enterprise-level funding and recent strategic investment signal a period of accelerated growth and market expansion for Exactera. This capital is likely to be deployed towards further development of its AI-driven tax compliance platform, enhancing its competitive edge in the global market. The company is poised to solidify its position as a leader in tax technology, potentially exploring new service offerings and deepening its relationships with enterprise clients.
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