Fundz

Taxfix, The Berlin-Based Mobile Tax Filing App, Raises $220M At A $1B+ Valuation

PRIVATEApr 28, 2022

Amount Raised

$220 Million

Round Type

Funding Round

GermanyFinancial ServicesSoftwareData And AnalyticsMobile

Description

Ben Franklin once famously said that in this world nothing can be said to be certain, except death and taxes. But that doesn’t make dealing with either particularly natural and easy. Tech is rushing in to fill that gap, and today a Berlin-based startup called Taxfix, which has built a popular mobile assistant to address the former of these, is announcing a big round of funding to fuel its growth. It has closed a Series D of $220 million at a valuation of over $1 billion, money that the startup will be using both to build in more products to extend its touch points with customers beyond annual use around tax time; and to expand to new markets beyond its current footprint of Germany, Spain and Italy.

Quick answer

Taxfix raised $220 Million in a Funding Round round, dated April 28, 2022. Taxfix is based in Germany.

How much did Taxfix raise?
Taxfix raised $220 Million in a Funding Round round on April 28, 2022.
What does Taxfix do?
Tech is rushing in to fill that gap, and today a Berlin-based startup called Taxfix, which has built a popular mobile assistant to address the former of these, is announcing a big round of funding to fuel its growth.
Where is Taxfix based and how big is it?
Taxfix is based in Germany.

Source: Fundz verified event record.

Who else raised in Financial Services and Data And Analytics around the same time

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

  • Front raised an undisclosed amount (Seed) on June 8, 2022.
  • PayShepherd raised $3M (Seed) on June 7, 2022.
  • Indicina raised $3M (Seed) on June 6, 2022.
  • Arkestro raised $40M on May 27, 2022.
  • Kafene, Inc. raised $14M on May 26, 2022.
  • Vino Vault raised an undisclosed amount on May 17, 2022.

Who to call at Taxfix, and when

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

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

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Company Information

Company

Taxfix

Location

Germany

About

Tech is rushing in to fill that gap, and today a Berlin-based startup called Taxfix, which has built a popular mobile assistant to address the former of these, is announcing a big round of funding to fuel its growth. It has closed a Series D of $220 million at a valuation of over $1 billion, money that the startup will be using both to build in more products to extend its touch points with customers beyond annual use around tax time; and to expand to new markets beyond its current footprint of Germany, Spain and Italy. The startup has had “millions” of downloads of its app across its three current markets of Germany, Spain and Italy up to now, working out to over $1 billion in taxes refunded for those who fill out their forms using its mobile assistant. Ott would not be drawn out on which markets the company will tackle next, except to point out that it’s focusing on countries where the systems from the state are hard to use, and there are not many alternatives out there currently to address that issue. Taxfix isn’t a business process automation startup per se, but it takes something of the stance as one, in building its products for the consumer market:“We’ve hacked the brain of a tax accountant into codes,” Ott notes.

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Taxfix 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.