Tax support solution Incentify scores $4.25m in a new funding round

Incentify, a tax credits and incentives (C&I) platform, has scored a $4.25m strategic investment from a group of investors led by global tax services provider Ryan.

The fresh equity will enable Incentify to release its solution to several of Ryan’s C&I clients and then to any other customers wishing to use the service.

Funds from the round will also enable Incentify to enhance its services and increase its product, technology, sales and marketing teams.

The FinTech enables clients to centralise their data, documents and processes to build a system of record across all teams and business divisions to ease C&I processes.

Its technology leverages analytics and reporting tools to offer real-time insights, automate compliance and workflows, and bolster internal collaboration.

Incentify CEO Laurence Sotsky said, “Our partnership with Ryan is a watershed moment not only for our company and the recognition of its value, but for C&I as a whole.

“C&I is an extraordinary asset in that it inherently tethers societal outcomes to significant financial impact – it weaponizes the corporate infrastructure in the greater battles that society needs to wage: whether that is environmental, innovation, or creating jobs.

“The world needs the power of C&I, we are seeing that every day more and more over. The relationship with Ryan’s incredible clientele will enable our company to ensure that more C&I is discovered, monetized, and ultimately fed back into local communities through and for the most significant organizations in the world.”

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