Helsinki, Finland - May 17, 2023 - Aibidia, a leading provider of IT services and IT consulting for transfer pricing experts announced today the successful completion of its Series A funding round, raising $14,124,000. The investment was led by Global Founders Capital, with participation from DN Capital, FPV Ventures, and Icebreaker.vc.

Aibidia was founded by Hannu-Tapani Leppänen, a renowned expert in transfer pricing, with the vision of revolutionizing the finance function by bringing automation and advanced analytics to transfer pricing. The company's cloud-based platform empowers transfer pricing experts to shift their focus from mundane tasks such as document creation and data entry to value creation and gaining valuable insights on a global scale.

With its headquarters located in Helsinki, Finland, Aibidia has assembled a team of seasoned professionals in tax, legal, and technology domains. Leveraging their extensive expertise, Aibidia collaborates closely with clients worldwide, providing them with innovative solutions that streamline and optimize their transfer pricing processes.

"We are thrilled to have Global Founders Capital, DN Capital, FPV Ventures, and Icebreaker.vc join us in this funding round," said Hannu-Tapani Leppänen, Founder of Aibidia. "Their expertise and resources will be invaluable as we continue to innovate and empower transfer pricing experts worldwide. This funding will enable us to drive our vision forward and solidify our position as a leading provider of IT services and IT consulting for transfer pricing."

For more information about Aibidia and its services, please visit www.aibidia.com.