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Is Thomson Reuters’ $150M Fund About to Transform Tax and Accounting Tech?
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Subscribe12 FEB 2025 / TECHNOLOGY
Thomson Reuters (TR) has established a $150 million corporate venture fund, aimed at redefining tax, accounting, and compliance technology through automation and AI advancements. This initiative, focusing on Series A startups and early-stage tech firms, represents a strategic move to lead in the field as global tax laws rapidly change and demand for automation increases in tax and accounting firms. This move follows TR's 2021 venture fund of $100 million that primarily focused on general AI-driven solutions.
Thomson Reuters just doubled down on tech innovation with a fresh $150 million corporate venture fund and this isn’t just another corporate flex. This move is a direct play to redefine tax, accounting, and compliance technology at a time when automat...
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