Instead secures a minority investment from IRIS Software Group to enhance its AI-powered tax platform, fostering product development and expanding marketing efforts.
Instead secures a minority investment from IRIS Software Group to enhance its AI-powered tax platform, fostering product development and expanding marketing efforts.
05/22/25, 6:01 PM
Location
san franciscoIndustry
fintech
saas
artificial intelligence
software
Investors
Iris Software Group
Instead, a Miami-based AI tax platform provider, received an undisclosed investment from IRIS Software Group. The funding will help Instead accelerate product development and expand its sales and marketing capabilities. Led by CEO Andrew Argue, Instead automates tax preparation for accountants. The partnership aims to drive innovation in the tax and accounting ecosystem.
Company Info
Location
san francisco, california, united states
Additional Info
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.