Slice, a Wilmington, DE- and Tel Aviv, Israel-based provider of a global equity platform utilizing AI for continuous compliance, raised $7M in Seed funding.
The round was led by TLV Partners, with participation from R-Squared Ventures, Jibe Ventures, Wilson Sonsini, Fenwick & West and angel investors.
The company intends to use the funds to further develop its platform and implement go-to-market strategies across the US and Europe.
Co-founded by Maor Levran (CEO), Aviram Berg (CTO), and Yoel Amir (CPO), Slice is a global equity assurance platform incorporating AI-driven continuous compliance to safeguard employers and employees from the risk of financial penalties resulting from ever-changing equity regulations.
Its platform capabilities include:
- AI-based compliance engine that continuously analyzes changes in equity regulation and taxation
- Optimizes tax for all types of equity grants, including qualified and non-qualified
- Sends pre-emptive actionable alerts to employers and employees, enabling them to steer clear of legal and tax exposure
- Provides fully customizable equity workflows that are easy to add and modify with no code, off-the-shelf templates
- Supports 23 countries including the US, UK, France, India, Australia, The Netherlands, Switzerland, Japan and Brazil
- Scaling to over 100 countries by the end of 2024
FinSMEs
28/02/2024