Boast Strengthens Senior Leadership By Hiring SaaS Veteran Shahed Khalili as Chief Product Officer
Former Galvanize Vice President to manage all aspects of software-as-a-service product innovations
TORONTO, Oct. 24, 2023 /CNW/ - Boast, the leading platform for research and development (R&D) and tax credit intelligence, is proud to announce the hiring of Shahed Khalili as Chief Product Officer.
"Shahed's proven strategic expertise in maximizing the impact of industry-leading products and systems aligns perfectly with Boast's vision," said CEO Alok Tyagi. "Having Shahed join allows us to accelerate our growth and product innovation strategy, and scale our business to better support our clients."
Mr. Khalili has over 20 years of experience designing and delivering SaaS products in the governance, risk, compliance, and banking industries. Prior to joining Boast, he served as Vice President of Product at Galvanize (now Diligent), a SaaS company that builds software for security, risk management, compliance, and audit professionals, where he led the product management and design teams. Mr. Khalili played a key role as Galvanize pivoted from audit analytics and continuous monitoring services to offering a governance, risk, and compliance (GRC) platform. As Boast's CPO, Mr. Khalili oversees all aspects of the company's product management innovations and reports directly to Mr. Tyagi.
"At Boast, we are growing our platform to help innovators and entrepreneurs supercharge their R&D capacity through tax credits, funding, and real-time insights into their research and development operations," said Mr. Khalili. "I am thrilled to join this team and honored to support the global community of builders, innovators, and entrepreneurs in amplifying their outcomes."
With Boast, teams can consolidate all of their project tracking and financial systems into a single platform that optimizes their processes and maximizes their access to growth funding. With the addition of Mr. Khalili to Boast's leadership team, the company is doubling down on their commitment to providing cutting-edge solutions, empowering businesses to unlock the full potential of R&D intelligence, supporting innovation and growth across various industries.
In December 2020, Boast announced $30 million CAD in Series A funding, followed by a $100-million credit facility in early 2021 to provide customers with advanced funding against accrued R&D tax credits. The company has since expanded its executive leadership while continuing to scale into new markets and showing strong revenue and logo growth.
Boast accelerates the success of innovative businesses globally with software that integrates financial, payroll, and engineering data into a single R&D intelligence platform. In tandem, Boast AI's in-house tax pros offer unmatched expertise in navigating R&D tax credit and SR&ED eligibility requirements to ensure organizations have access to all eligible sources of non-dilutive funding, even defending any claim against audit to ensure customers have the capital they need to further fuel innovation. With operations across the U.S. and Canada, more than 1,000 innovative companies have leveraged Boast to get more money, faster, for less time and risk.
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