# Exactera

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/exactera

- Industry: Software
- Headquarters: Tarrytown, US
- Website: www.exactera.com
- Total disclosed funding: $46M
- Latest round: Series B (Sep 24, 2019)
- Investors on record: 2

## About

Founded in 2017 by David Bukovac and Donald Scherer, and based in Reading, UK, Exactera LLC operates as a developer of intelligent tax compliance software that offers digital tax solutions. In July 2023, Exactera LLC raised USD 33 million in venture funding from investors Insight Partners and Savant Growth, with participation from other investors. As of July 2023, the company is being led by its CEO, Walter Scott, and CFO Michael Hickman, and operates from offices in Europe, America, Canada, Australia and Asia. 

The firm develops and offers software solutions that leverage AI (Artificial Intelligence) to provide corporate tax compliance solutions to businesses and tax professionals to be more efficient, mitigate risk, and streamline compliance and documentation processes. The software offers transfer pricing, tax provision, and research and development of tax credits including services like benchmarking localization and analysis, financial data analysis, credit optimization, etc.

The firm offers transfer pricing solutions at USD 15,400, tax provision at USD 20,000, and R&D tax credits at USD 15000, annually.

The company intends to use the July 2023 funding to further develop its product offerings.

## Funding rounds

- Series B, Sep 24, 2019, $40M — Insight Partners
- Series A, Dec 12, 2017, $6M — Kennet Partners

## Investors

- Kennet Partners (https://capitalatlas.ai/funds/kennet-partners) — Series A
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B