companies

Blue dot

AI tax compliance platform that analyzes employee spend data to recover VAT and flag taxable benefits and deductibility issues.

Blue dot was founded in 2013 in Herzliya, Israel, by Isaac Saft and Noam Guzman under the name VATBox, originally focused on helping multinationals recover foreign VAT on business travel and expense spend. The company rebranded to Blue dot in 2021 as its product line grew beyond VAT recovery into broader tax compliance for employee-driven transactions. The company has raised roughly $96 million in total funding, including a $32 million round led by Ibex Investors with Lutetia Technology Partners, on top of earlier backing from Viola and Target Global. Its customer base includes large multinationals such as Cisco, Dell, GSK, Vestas, and Michelin, which use the platform to manage tax exposure across many countries' VAT, GST, and benefit-in-kind rules at once. Blue dot's platform applies AI and computer vision to travel, expense, and accounts payable data to identify recoverable VAT, flag employee spend that counts as a taxable benefit, and assess corporate income tax deductibility, replacing what was historically a manual, country-by-country review process for global tax and finance teams.

Founded

2013

Headquarters

Herzliya, Israel

Sector

applications