Fundz

Instead reported raising $5 Million in an initial SEC Form D filing, from an offering of $5 Million

PRIVATEJun 10, 2025

Amount Raised

$5 Million

$5 Million sold, per SEC Form D (first sale May 15, 2025)

Round Type

Venture

MiamiSoftwareArtificial IntelligenceFintechSaaS

Quick answer

Instead raised $5 Million in a funding round, dated May 15, 2025. Instead is based in Miami, Florida, United States.

How much did Instead raise?
Instead raised $5 Million in a funding round on May 15, 2025.
What does Instead do?
Instead is an AI-powered tax platform provider that allows accountants to automate tax preparation, enabling a shift from compliance to strategic advisory.
Where is Instead based and how big is it?
Instead is based in Miami, Florida, United States. Fundz records about 44 employees.
Who are the decision-makers at Instead?
Fundz holds 1 contact at Instead. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Fintech and SaaS around the same time

Companies in the same sectors as Instead that raised within 45 days of this round, from Fundz verified event records.

  • Groundley raised $1.1M (Seed) on June 3, 2025.
  • Wingspan raised $20M on April 25, 2025.
  • Cursor raised an undisclosed amount (Funding Round) on April 21, 2025.
  • Revmatics raised $21M (Seed) on June 27, 2025.
  • Niural raised $31M (Series A) on June 26, 2025.
  • Campfire Software raised $39M on June 26, 2025.

Who to call at Instead, and when

A new round usually means Instead is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Instead raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Instead, from your own LinkedIn network

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Company Information

Company

Instead

Location

Miami, Florida, United States

About

Instead is an AI-powered tax platform provider that allows accountants to automate tax preparation, enabling a shift from compliance to strategic advisory. The platform streamlines routine tasks and provides tools for delivering insights, aiming to automate over 90% of the tax preparation process. Instead has earned IRS approval to e-file various tax forms and is expanding its reach nationwide.

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Fundz sees it the moment Instead raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Instead raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.