IVIX

AI Platform for Finding Tax Evasion

Fintech & Insurtech
Private
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Company Overview

Snapshot

Founded in April 2019 by Matan Fattal and Doron Passov, IVIX operates with 51–200 employees. The company has raised $88.36 million across 4 funding rounds from 10 investors. In August 2025, IVIX completed a Series B funding round, led by O.G. Venture Partners, to enhance its R&D capabilities and expand global adoption of its solutions.

Business overview

IVIX provides an AI-powered platform designed for tax authorities to improve audit efficiency and increase tax revenue. The company's core technology transforms publicly available business activity data into precise leads using modern algorithms, enabling the identification of potential tax evasions. IVIX serves government authorities and financial services sectors, helping them allocate resources more effectively, boost collection rates, and deter financial crimes in the digital economy. The platform operates within the Fintech & Insurtech sector, specifically targeting tax and accounting functions within enterprise, legal services, and government entities.

Strategic signal

In August 2025, IVIX secured a $60 million Series B funding round, led by O.G. Venture Partners and joined by Insight Partners, bringing its total funding to $85 million. This significant capital infusion signals strong investor confidence in IVIX's AI-powered platform for combating financial crime and tax evasion. The funding is earmarked for enhancing R&D capabilities and expanding global operations, indicating a clear strategic trajectory towards market leadership and broader international deployment, particularly with government authorities in the US, Europe, and Asia already utilizing their solutions.

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Company Intelligence Q&A

What was the most recent funding event for IVIX?
In August 2025, IVIX completed a Series B funding round, raising $60 million. The round was led by O.G. Venture Partners and included participation from Insight Partners.
When did IVIX expand its leadership team and presence in Latin America?
In February 2025, IVIX grew its leadership team and expanded its presence in Latin America with a new hire.
When did IVIX raise its Series A funding round?
In August 2023, IVIX raised a Series A funding round. The round was led by Insight Partners and included participation from Team8.
When did IVIX secure its seed funding?
In July 2021, IVIX secured a seed funding round. The round was led by Team8 and included participation from Citi Ventures.
When did IVIX graduate from the Deloitte Launchpad accelerator?
In November 2021, IVIX graduated from the Deloitte Launchpad corporate accelerator program.
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