Taxflow raised $750K in a pre-seed round led by Platanus Ventures and BFF to build AI-powered solutions for accounting firms.

Jan 29, 2025•6 months ago

Amount Raised

$750,000

Round Type

seed

San FranciscoAccountingFintechSaasArtificial IntelligenceFinancial ServicesSoftware

Investors

Brian YorkBrian RequarthBffPlatanus Ventures

Description

Taxflow, a fintech startup based in San Francisco, raised $750K to simplify tax filing for accountants using AI. The funds will be used to expand the team, develop technology, and acquire clients for the upcoming tax year.

Company Information

Company

Taxflow

Location

San Francisco, California, United States

About

Taxflow is a San Francisco-based fintech company that leverages AI to simplify tax filing for accounting firms. By automating tasks such as data collection and transaction categorization, Taxflow aims to streamline workflows and reduce complexity in tax processes. The company seeks to address the challenges posed by a traditional reliance on manual processes and legacy software. Founded by Colombian entrepreneurs Felipe Salinas and Julián Arango in 2024, Taxflow is focused on innovation in the $144B US tax and accounting services industry.

Funding Insights

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Taxflow raised $750K in a pre-seed round led by Platanus Ventures and BFF to build AI-powered solutions for accounting firms.

Investors

Description

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