What is Exactera?
Exactera specializes in corporate tax compliance, focusing on transfer pricing, tax provision, and research and development tax credits. The company leverages advanced AI models to empower tax professionals, enabling greater efficiency, risk mitigation, and streamlined compliance and documentation processes. With a commitment to accuracy and peace of mind, Exactera serves a global clientele, including numerous well-known brands, from its headquarters in the United States. Its innovative approach positions it as a key player in the evolving landscape of tax technology solutions.
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, partnering with businesses to refine growth strategies and achieve their objectives.
Insight Partners
Insight Partners is a global venture capital and private equity firm investing in high-growth technology and software companies. Their portfolio companies benefit from extensive operational support and strategic guidance to foster rapid expansion and market leadership.
What's next for Exactera?
The recent major strategic investment signals a pivotal phase for Exactera, likely aimed at scaling its operations, further developing its AI capabilities, and expanding its market reach. This capital will enable the company to enhance its platform, potentially explore new service areas within tax compliance, and solidify its competitive advantage. Exactera's focus on efficiency and risk mitigation through technology positions it for continued growth and adoption by enterprises seeking to optimize their tax functions.
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