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Blue Dot

Blue Dot

AI-driven tax compliance platform

PrivateGrowthPredictive MLEMEA
Founded2013
Headquarters🇮🇱 Tel Aviv
Employees51-200
Total Raised$82M
Last FundedApr 2021

About

Blue Dot (formerly VATBox) pioneered AI-driven VAT recovery and tax compliance for enterprises. Raised $82M+ including $32M round led by Ibex Investors. Customers include Amazon, BAT, Dell, and many Fortune 1000 companies. Exclusive Tax Assurance partner for SAP Concur. Offices in London, Paris, Munich, NYC, Tel Aviv. Partnered with KPMG Germany on taxable employee benefits. Founded 2013 in Tel Aviv.

Key Facts

  1. [1]Founded: Founded in 2013 in Tel Aviv, IL.
  2. [2]Funding: Total funding: $82M. Last round: Apr 2021. Stage: Growth.
  3. [3]Employees: Employee count: 51-200.
  4. [4]Website: Official website: bluedotcorp.com.
  5. [5]AI Technology: Core AI/ML technologies: Predictive ML.
  6. [6]Region: Region: EMEA (IL).

Founder

I

Isaac Saft

Co-founder & CEO

AI Technology

Predictive ML

Traditional ML algorithms for classification, regression, and scoring models

Classification

Market Segments

Tech Stack Layers

Details

Last FundingApr 2021
Funding RoundSeries B
Age13 years
Country🇮🇱 IL

Frequently Asked Questions

What is Blue Dot?

Blue Dot (formerly VATBox) pioneered AI-driven VAT recovery and tax compliance for enterprises. Raised $82M+ including $32M round led by Ibex Investors. Customers include Amazon, BAT, Dell, and many Fortune 1000 companies. Exclusive Tax Assurance partner for SAP Concur. Offices in London, Paris, Munich, NYC, Tel Aviv. Partnered with KPMG Germany on taxable employee benefits. Founded 2013 in Tel Aviv. Blue Dot is classified in the Enterprise Finance segment at the Models layer of the financial AI stack.

Who founded Blue Dot?

Blue Dot was founded by Isaac Saft (Co-founder & CEO) in 2013 in Tel Aviv, IL. The company has been operating for 13 years.

How much funding has Blue Dot raised?

Blue Dot has raised $82M in total funding, placing the company at the Growth stage. The most recent round closed in Apr 2021. Among 79 funded Enterprise Finance companies, Blue Dot ranks #34 by total capital raised. (Source: AIFI Map directory.)

What AI technology does Blue Dot use?

Blue Dot primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Enterprise Finance segment, 58 companies use this technology.

What market segment does Blue Dot operate in?

Blue Dot operates in the Enterprise Finance market segment. AI enterprise finance companies are automating and enhancing the financial operations of businesses — from accounting and treasury management to financial planning, analysis, and corporate finance.

Where is Blue Dot headquartered?

Blue Dot is headquartered in Tel Aviv, IL. The company operates in the EMEA region. The team consists of 51-200 employees. IL is home to 3 financial AI companies tracked by AIFI Map.

Who are Blue Dot's competitors?

Companies similar to Blue Dot in the Enterprise Finance space include Feedzai ($431M raised), Sardine ($170M raised), Hawk AI ($83M raised), Resistant AI ($55M raised), Flagright ($8M raised). These companies operate in related areas of financial AI: Feedzai focuses on ai-native fraud and financial crime prevention platform for major banks. Sardine focuses on ai risk platform for fraud, credit, and compliance. Hawk AI focuses on ai-powered aml and fraud detection for banks and fintechs. (Based on AIFI Map classification data.)

What products does Blue Dot offer?

Blue Dot builds models-layer solutions for the financial services industry. The company's core offering: AI-driven tax compliance platform. The platform is powered by Predictive ML technology.