Exactera

Exactera

Streamlines compliance and reduces business risk

About

Exactera specializes in improving compliance processes and minimizing risks for businesses in the financial technology sector. The company offers AI-driven solutions that simplify compliance with statutory requirements and deadlines. One of its main services is transfer pricing, which helps multinational companies set prices for transactions between their divisions. Exactera's approach combines advanced AI technology with the knowledge of industry experts, making the transfer pricing process more efficient and cost-effective, claiming a 67% reduction in costs. Additionally, Exactera assists businesses in applying for R&D tax credits, ensuring they receive the maximum benefits available. By leveraging AI, Exactera provides these services at a lower cost compared to competitors, aiming to help businesses streamline their compliance efforts and reduce associated risks.

Company Stage

Growth Equity (Venture Capital)

Employees

51-200

Industries

Fintech, AI & Machine Learning

Total Funding

$130.3M

Headquarters

Town of Greenburgh, New York

Founded

2001


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Simplify's Take

What believers are saying

  • Increased demand for AI-driven tax compliance solutions boosts Exactera's market potential.
  • Growing interest in transfer pricing solutions enhances Exactera's service relevance.
  • Rising importance of R&D tax credits supports Exactera's business model.

What critics are saying

  • Increased competition from CrossBorder Solutions threatens Exactera's market share.
  • RoyaltyStat acquisition may lead to integration challenges and service disruptions.
  • $33 million funding round may pressure Exactera for rapid growth, risking strategic missteps.

What makes Exactera unique

  • Exactera leverages AI to streamline tax compliance, reducing costs by 67%.
  • The company offers comprehensive transfer pricing solutions powered by AI and expert insights.
  • Exactera simplifies R&D tax credit applications, maximizing entitlements for businesses.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

-10%

2 year growth

13%

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