Blue dot, formerly known as VATBox, is a market pioneer, developing the first technology-based and dynamically-updated financial platform for employee-driven transactions in the market.
Blue dot has developed the first technology-based and dynamically-updated financial platform for employee-driven transactions in the market.
Blue dot was founded in 2012 by Isaac Saft and Noam Guzman. The company is headquartered in Amsterdam, North Holland, Netherlands.
Blue dot has pioneered new AI applications and expanded its product offering extensively to meet demand for new tax compliance solutions including employee benefit taxation and corporate income tax expense deductibility.
Blue dot's all-in-one Tax Compliance Platform harnesses digitization, tax compliance and automation to process and analyze a company's employee spend data for VAT, Taxable Employee Benefits and Corporate Income Tax, in real-time.
Blue dot ensures compliance across multiple jurisdictions, providing a user-friendly interface that gives both global corporate, but also local finance teams full digitalization, control and transparency while streamlining their workloads.
Blue dot helps companies remove the risk of data incompliance and reduce the unique vulnerabilities of consumer-style spending across your company. Many global Fortune 1000 companies currently use Blue dot, including Cisco, Dell, GSK, Vestas and Michelin.
Blue dot is backed by Target Global, Ibex Investors, Viola Private Equity, Lamaison Partners and others. The company raised $32M in a new round on Apr 07, 2021. This brings Blue Dot's total funding to $82M to date.