Transfer pricing is an often overlooked but critically important part of business for multinational companies – it’s the practice of setting the ‘internal’ price of transactions between parts of companies in different markets. This requires companies to stay on top of tax law, accounting, economics, data and operations in all the markets in which they operate, presenting fiendish complexity. What’s more, international tax regulation is only growing more complicated over time.
That’s where Aibidia comes in: its cloud-native platform offers multinationals a single source of truth for all their transactions, automating compliance, centralising data and offering global enterprises full control. It’s already trusted by the likes of Nokia, Unilever and many more.
Aibidia is led by an exceptional team and DN Capital is proud to continue supporting their journey. We first invested in 2023, led by Steve Schlenker and Benoit Jacob.
We look forward to seeing the impact of their US expansion and what comes next for this category-defining company. You can read more about Aibidia and the Series B in Axios here!
