Helsinki, Finland – 4th June 2025 – AI-powered fintech, Aibidia, has closed its Series B funding round at $28M to expand its tax technology operations into the US market. Aibidia has established itself as a critical component of the tax tech stack for multinational companies, providing the platform to manage global transfer pricing and cross-border tax compliance through AI-powered technology. The round was led by Activant alongside participation from existing investors, DN Capital, FPV and Icebreaker.vc.

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Running a global supply chain has never been more complex. Global tax regulations are tightening through initiatives like BEPS 2.0 Pillars One and Two and the EU’s BEFIT framework. Add to that the trade-disrupting tariffs introduced by the Trump administration, and the world’s largest companies are now navigating a perfect storm. Transfer pricing—the intricate process of setting prices for intercompany transactions—has become a major challenge, drawing intensified scrutiny from regulators around the globe.

Aibidia’s powerful AI-driven solution automates and optimizes transfer pricing processes, helping companies manage risk, ensure compliance, and streamline operations. Since its founding in Finland in 2018, its platform has been adopted by 100+ multinationals with an average revenue of €7 billion, including industry leaders like Unilever, Dyson, Nokia and Delivery Hero. Today the platform is used to manage over 7,000 international business entities, with a growing US market share contributing over 15% of revenue. Aibidia is rapidly scaling and strategically positioned for further global expansion.

"Multinational corporations are facing an increasingly complex web of tax regulations," said Hannu-Tapani Leppänen, CEO of Aibidia. "Aibidia provides a critical solution, helping them to operate global supply chains efficiently and effectively. This funding validates our success in Europe and will enable us to bring our powerful platform to the US market, where demand is rapidly growing.”

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At the beginning of April the company opened its Manhattan office underscoring Aibidia's commitment to serve its growing US customer base, which includes S&P 500 constituents like EPAM Systems, Aptiv and Omnicom.

“Aibidia is a prime example of a European tech company poised for global success," said Maximilian Mayer, Partner at Activant. "It has all the ingredients of a category-leading business: innovative use of AI and data to solve critical challenges faced by the world’s largest enterprises, huge market tailwinds and a visionary leadership team. We are excited to partner with the team at this pivotal moment as they advance their US expansion efforts and launch new products to support their clients.”

“DN Capital is proud to continue supporting Aibidia's journey," said Steven Schlenker, Founding Partner at DN Capital. "Aibidia, under the leadership  of Hannu, has assembled a truly exceptional team with a deep understanding of both technology and the intricacies of transfer pricing. Combined with their innovative platform, the quality of the Aibidia team is what sets them apart and positions them for continued success.”

“We are thrilled to continue to be part of Aibidia's journey as it expands globally.” said Pegah Ebrahimi, co-founder of FPV. “We are big believers in AI solutions that drive efficiency for global companies as they navigate complex and process heavy transfer pricing. Today, Aibidia has scaled its solution to serve some of the world's biggest international companies, and we are excited as they expand their global footprint and scale their solution to fill a critical gap.”

About Aibidia:

Aibidia is a Finnish fintech company providing AI-powered transfer pricing management solutions to multinational corporations. Aibidia's platform automates complex calculations, risk assessments, and scenario modeling, helping companies optimize their tax strategies and ensure compliance. The company serves over 100 multinational clients with an average revenue of €7 billion. For more information, visit Aibidia.com.