Blue Dot raises $32M for AI that helps companies comply with tax codes

Register for free or grab a discounted VIP pass today. Tax compliance platform Blue Dot (previously VatBox) today announced it has raised $32 million, bringing its total raised to over $96 million. The firm says it will put the funds toward product R&D and expanding the size of its globlal workforce. The tax compliance burden for enterprises can be significant. In 2019, half of companies responding to an EY Americas survey indicated that their biggest compliance challenge would be staying current on legislative and regulatory developments.