Slice Launches Out of Stealth!

We announced Slice today! The only global equity platform utilizing AI for continuous compliance. We're emerging from stealth with a $7 million seed funding round led by TLV Partners, with participation from R-Squared Ventures, Jibe Ventures, leading international law firms Wilson Sonsini, Fenwick & West and notable angel investors.

Solve a Clear Need

‍Workforces have become truly global, and as the job market becomes more competitive, equity makes up a significant part of the talent compensation package. But issuing equity is a minefield riddled with complex and ever-changing tax laws and regulations that greatly differ from country to country making it extremely challenging for companies to avoid compliance risks and financial penalties, which can significantly impact employee retention.

Slice’s mission is to help CFOs and companies issue and manage equity to their international employees while navigating the complexity of ever-changing regulations and tax codes across multiple jurisdictions simultaneously and at scale. The AI-powered platform automatically ensures that all global equity operations are compliant and tax-optimized to maximize and protect the benefits of equity plans, both for employers and employees. 

Slice is the first to apply LLMs to the world of equity compliance, enabling its pre-trained platform to quickly learn and apply country-specific tax codes and regulations that impact equity awards. Actively monitoring, analyzing and implementing the latest changes across multiple countries concurrently, the end-to-end platform uniquely covers all types of employee stock options, addressing compliance and tax-code challenges to avoid the potential risk of financial penalties facing both employers and employees.

Having spent 13 years as a corporate lawyer, I saw companies struggle to grant and manage equity to their international employees. I recognized the almost impossible task they faced of understanding and applying the complex and constantly changing law and tax regulations in various countries, and know of individual fines reaching well over $200K due to mistakes being made

Industry Veterans Talk About Slice

Shawn Lampron, a partner in Fenwick & West, one of America's leading technology law firms, and co-author of ‘Executive Compensation for Emerging Companies’ had this to say after experiencing the capabilities of Slice platform first hand, “I've worked for more than three decades on compensation and benefits programs with global companies so seeing Slice’s international compliance capabilities in action was thrilling. Slice simplifies the massive complexities associated with global compensation, automating an ever-changing process where the stakes for making a mistake are high. I’m so excited for what this will mean for our industry.”

“We were excited about Slice from day one as there’s a massive gap in the Global CFO stack around equity,” says co-founder and managing partner of TLV Partners Eitan Bek. “It’s still extremely complicated to grant equity to international employees from a compliance and tax perspective. Existing solutions do not fully address the global complexities of equity grants. Slice is going after this precise area with a unique combination of talent and a top-notch legal, engineering, & product management team. We firmly believe they will quickly be able to deliver a new standard for global equity management and compliance.”

“Slice is uniquely positioned to solve a long-standing problem in the equity space and they’re poised to make a similar impact that Papaya has with payroll,” added Eynat Guez, CEO, Papaya Global and angel investor in the company. “For finance and HR teams dealing with equity for global teams, take a look at Slice. Their solution deals with all the nitty-gritty details surrounding legal and tax issues to save others from doing so.”

Founding Team That Fits The Mission

Slice was co-founded by Maor Levran (CEO), a lawyer repeatedly ranked as Top Tech Attorney by The Legal 500, Aviram Berg, (CTO), a highly skilled data scientist, engineer and entrepreneur formally ofDataloop, and the Weizmann Institute of Science), and Yoel Amir (CPO), an AI Product Management executive formerly at Salesforce, Google and two acquired startups.

We're Just Getting Started!

The platform already covers a lot of ground. Slice's Global Equity Assurance Platform offers a suite of capabilities designed to streamline equity management across borders. It features an AI-based compliance engine that continuously monitors changes in equity regulations and taxation, ensuring compliance. The platform optimizes taxes for all types of equity grants, including both qualified and non-qualified options. It also sends preemptive actionable alerts to both employers and employees, helping them avoid potential legal and tax issues. Additionally, Slice provides fully customizable equity workflows that can be easily modified or added using no-code, off-the-shelf templates. Currently supporting 23 countries—including the US, UK, France, India, Australia, The Netherlands, Switzerland, Japan, and Brazil—the platform is set to expand its reach to over 100 countries by the end of 2024.

Our vision is to get Slice to the point where it's a true co-pilot for CFOs & General Counsel. Every a need a Finance or a Legal team has around equity - Slice takes care of it. Stay tuned!