Slice has raised $7 million in seed funding. Slice is a Wilmington, DE- and Tel Aviv, Israel-based supplier of a worldwide equity platform that uses AI for ongoing compliance.
TLV Partners led the round, in which R-Squared Ventures, Jibe Ventures, Wilson Sonsini, Fenwick & West, and angel investors also participated.
The money will be used by the company to expand the functionality of its platform and launch marketing initiatives in the US and Europe.
Slice, a worldwide equity assurance platform with AI-driven continuous compliance, was co-founded by Maor Levran (CEO), Aviram Berg (CTO), and Yoel Amir (CPO). It protects companies and employees against the danger of financial fines coming from constantly changing equity legislation.
Among the platform’s capabilities are:
- Artificial Intelligence-driven compliance engine that continuously monitors modifications to equity regulations and taxation
- Maximizes tax for all equity awards, including qualified and non-qualifying
- Provides companies and employees with proactive, actionable alerts so they can avoid potential legal and tax risks.
- Offers completely programmable equity workflows with off-the-shelf templates that are simple to add and change without requiring any coding.
- Supports twenty-three nations, including Brazil, Japan, The Netherlands, France, India, Australia, and the United States.
- Expanding to more than 100 nations by the end of 2024