HomeIsraelSlice raises $25 million Series A round led by Insight Partners

Slice raises $25 million Series A round led by Insight Partners

Slice raises $25 million Series A round led by Insight Partners

Israeli startup Slice has raised $25 million in a Series A funding round. The round was led by Insight Partners and included U.S. law firms Fenwick and Cooley LLP, as well as existing investors TLV Partners, R-Squared Ventures, and Jibe Ventures.

With this new investment, Slice has now raised a total of $32 million since its founding.

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.”

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.”

“The SaaS model still works because the level of accuracy required in our domain is extremely high,” Amir said. “A system that handles taxes and legal compliance cannot tolerate errors. You can’t rely on generic large language models here, they simply can’t afford to break.”

Slice was founded in 2023 by Maor Levran (CEO), a lawyer with 15 years of experience at top Israeli law firms; Yoel Amir (CPO), who worked as an AI product manager at Google and Salesforce; and Samuel Amar (CTO), a former officer in an elite IDF intelligence unit with over six years of service.

The company currently has around 30 employees working across Israel and the United States.

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