Boast.AI Asset Profile

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Year established

2011

Location

San Francisco CA US

Primary Industry

Software

About

Established in 2011 and based in California, US, Boast.AI operates as a provider of an AI-based research and development (R&D) Tax Credit software platform. The company was co-founded by CEO Alex Popa and CSO Lloyed Lobo. As of February 2021, Boast.AI has raised a total of USD 123 million in series A and venture debt funding. The company builds tax credit recovery with artificial intelligence that helps companies get their returns without the manual work and audit risk. Boast.AI aims to automate the government grant application process with a machine learning-powered tax credit platform. The company’s software and teams of accountants gather data from existing technical and financial systems to help identify, categorize, and time-track eligible projects, with claims, lower risk, and less time invested from teams. The company plans to launch an innovative financing platform and enables startups to receive cash advances on R&D tax credits and subsidies.

Current Investors

Radian Capital, Brevet Capital Management

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Primary Industry

Software

Sub Industries

Consulting Services, Accounting Services, Accounting/Finance Software

Website

www.boastcapital.com

Verticals

Artificial Intelligence, FinTech

Company Stage

Series A

Total Amount Raised

Subscriber access only

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