Slice raises $25 million Series A led by Insight Partners to tackle the hidden comple

2 weeks ago


Israeli startup Slice has raised $25 million in a Series A round led by Insight Partners, with participation from U.S. law firms Fenwick and Cooley LLP, alongside existing investors TLV Partners, R-Squared Ventures, and Jibe Ventures. The new financing brings Slice’s total funding to $32 million.

Speaking with Calcalist, Yoel Amir, one of the company’s founders, said Slice set out to do for global equity compensation what software previously did for salaries and employee stock options. “We took an entire process that used to be fragmented and country-specific and centralized it,” Amir said. “We understand the legal frameworks in each country and, more importantly, the local tax structures. Every jurisdiction has different tax conditions and regulatory requirements.”

Historically, Amir explained, companies were forced to rely on local legal and accounting consultants in each country, often at high cost. Slice now operates in around 60 countries and plans to expand coverage to 100 within the next year. “We built an infrastructure and a data model for each country, and we developed agents that continuously scan regulatory changes, ingest the data into the system, and keep it updated,” he said. “Updates don’t usually happen overnight, but we can anticipate changes and prepare companies in advance.”

Slice operates on a traditional SaaS model, with annual pricing based on company size and the complexity of its global equity structure.

According to the company, Slice serves hundreds of customers, reducing legal consulting costs by roughly 80% and shortening equity-related operational cycles by approximately 60%.

Slice was founded in 2023 by Maor Levran (CEO), a lawyer with about 15 years of experience at leading Israeli law firms; Yoel Amir (CPO), who previously served as an AI product manager at Google and Salesforce; and Samuel Amar (CTO), a former officer in an elite intelligence unit of the IDF, where he completed more than six years of service as part of the military’s academic excellence track. The company currently employs around 30 people across Israel and the United States.

As companies increasingly employ distributed teams across multiple countries, managing employee equity has become a growing challenge. Finance, legal, and human resources departments are often required to handle equity grants manually, interpret local tax laws, sometimes through external advisors, and comply with frequently changing regulations using legacy tools. As a result, many companies face a trade-off between regulatory risk and limiting equity grants in certain jurisdictions altogether.

Slice aims to replace a patchwork of global accounting and legal services, as well as manual equity management tools, by offering a single automated platform. The system manages the full equity lifecycle, including cap table administration, share and option grants, exercises, tax reporting, and compliance. It also coordinates workflows across legal, finance, payroll, and human resources teams, while preparing companies for liquidity events such as secondary transactions, acquisitions, or public offerings.



Source link

EU Venture Capital

EU Venture Capital is a premier platform providing in-depth insights, funding opportunities, and market analysis for the European startup ecosystem. Wholly owned by EU Startup News, it connects entrepreneurs, investors, and industry professionals with the latest trends, expert resources, and exclusive reports in venture capital.

Leave a Reply

Your email address will not be published.