What is Taxdoo?
Taxdoo offers automated VAT compliance and accounting solutions tailored for online retailers and tax advisors. The platform provides real-time financial overviews, DATEV export compatibility, and integrates with over 20 marketplace interfaces. Utilizing artificial intelligence, Taxdoo ensures accurate tax rates on invoices and offers a comprehensive dashboard for transaction management, aiming to transform accounting into a scalable asset for profitable e-commerce growth.
How much funding has Taxdoo raised?
Taxdoo has raised a total of $85.7M across 3 funding rounds:
Angel/Seed
$678K
Series A
$21M
Series B
$64M
Angel/Seed (2018): $678K with participation from High-Tech Grunderfonds
Series A (2020): $21M led by 20VC, Visionaries Club, HTGF, and Accel Partners BV
Series B (2021): $64M supported by Accel, Visionaries Club, Tiger Global, and 20VC
Key Investors in Taxdoo
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth. The firm focuses on supporting innovative companies and entrepreneurs.
Visionaries Club
Visionaries Club is an investment firm that provides backing to companies, likely focusing on high-growth potential ventures within the technology and innovation sectors.
HTGF
HTGF is a pre-seed and seed investor focusing on high-tech startups, offering a strong network and deep tech expertise to support founders in shaping the future.
What's next for Taxdoo?
With its recent major strategic investment and substantial total funding, Taxdoo is well-positioned for accelerated scaling and further innovation in its automated VAT compliance and accounting solutions. This capital injection will likely fuel product development, expand market reach, and enhance its AI capabilities to better serve the evolving needs of online retailers and tax advisors. The company's trajectory suggests a focus on solidifying its leadership in the e-commerce fintech space.
See full Taxdoo company page
