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Taxdoo Raises $64M To Expand From Tax Compliance To A Wider Set Of Financial Tools For E-Commerce Companies

Dec 16, 2021•almost 4 years ago

Amount Raised

$64 Million

Hamburg

Description

With e-commerce becoming increasingly globalized, a company called Taxdoo, which builds API-based tools to help e-commerce companies with tax compliance and other accounting needs, is announcing a round of funding: $64 million, a Series B that the Hamburg-based startup will be using to expand further across Europe and to build what it describes as the financial operating system for e-commerce businesses.

Company Information

Company

Taxdoo

Location

Hamburg, New York, United States

About

With e-commerce becoming increasingly globalized, a company called Taxdoo, which builds API-based tools to help e-commerce companies with tax compliance and other accounting needs, is announcing a round of funding: $64 million, a Series B that the Hamburg-based startup will be using to expand further across Europe and to build what it describes as the financial operating system for e-commerce businesses. The three have been very hands-on with how the company has developed and grown that vision: I mentioned to Königsheim that when he was talking to me it sounded like he was reading out his company’s press release — not what you want to happen when you’re interviewing someone!

Funding Insights

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