Taxo raised $1.2M in pre-seed funding led by Seedstars and 500 to automate tax preparation for individual taxpayers.
Mar 27, 2024•over 1 year ago
Amount Raised
$1.2 Million
Round Type
seed
Investors
Newlin VenturesBuen TripSeedstars
Description
Taxo, a taxtech startup, has raised $1.2 million in pre-seed funding to automate tax preparation for individual taxpayers. With this investment from backers such as Seedstars, 500, BuenTrip, Newlin Ventures, among others, Taxo plans to grow its user base by 160% and process over 200,000 tax declarations. Additionally, Taxo intends to expand its services to Peru and Colombia, aiming to become a leading platform for tax declaration automation in the region.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers