What does Aibidia do?
Aibidia is an AI-powered fintech company that offers transfer pricing management solutions. Its platform automates complex calculations, risk assessments, and scenario modeling, helping multinational corporations optimize their tax strategies and ensure compliance.
How much did they raise?
The company raised $28M in Series B funding, led by Activant with participation from DN Capital, FPV, and Icebreaker.vc.
What are their plans for the money?
The funds will be used to expand Aibidia's tax technology operations into the US market, which could accelerate the adoption of its solutions and strengthen its position in international tax compliance.
What have they achieved so far?
Since its founding in 2018, Aibidia’s platform has been adopted by over 100 multinational corporations, managing more than 7,000 international business entities and generating a growing US market share that now contributes over 15% of its revenue.
