Boast.ai, a software innovator whose flagship product automates the complex process of claiming R&D tax credits in the US and Canada, today announced raising $23 million in a Series A round led by Radian Capital, a growth-stage fund specializing in enterprise software. With this investment, Boast.ai will further develop their AI-powered platform to better serve their nearly 1,000 customers, launch new products to help companies leverage their eligibility for innovation incentives, and accelerate expansion into new markets.

Boast.ai is building the future of tax credit management and recovery with artificial intelligence to help companies get larger returns faster without the manual work and audit risk. With offices in San Francisco, Toronto, Vancouver, and Calgary, nearly 1,000 innovative companies leverage Boast.ai to recover their R&D costs from the government.