# ExpressSteuer

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/expresssteuer

- Industry: Financial Services
- Headquarters: Hamburg, Germany
- Website: www.expresssteuer.de
- Total disclosed funding: $27M
- Latest round: Series A (Apr 5, 2022)
- Investors on record: 4

## About

Based in Hamburg, Germany, and founded in 2019 by CEO Maximilian Graf Lambsdorff, Dennis Konrad, Konstantin Loebner, and Mehdi Afridi ExpressSteuer GmbH, a.k.a. ExpressGroup is a fintech company that mainly provides AI (artificial intelligence)-powered and machine learning financial systems for the process of tax cases, and financial disputes. In April 2022, ExpressGroup raised EUR 25 million in a Series A funding co-led by Insight Partners and Project A Ventures.

ExpressSteuer provides an AI-powered financial platform that allows platform partners like tax consultants, accounting firms, lawyers, and individuals to file tax returns online. The platform also allows users to hire a tax consultant to optimize, check, and transmit their tax returns to the tax office.

ExpressSteuer generates revenue by charging 20% from the taxpayers’ refund or charging EUR 49 for individuals who have short-time work or are unemployed for the corresponding year. In addition, the company generates revenue from the subscription of its product package, which includes basic and expert.

The company plans to use its proceeds from April 2022 funding to help in growing its fintech solutions platform across the international market and fintech verticals.

## Funding rounds

- Series A, Apr 5, 2022, $27M — Insight Partners, Mountain Partners, Project A
- Angel, Nov 20, 2019 — True Growth Capital

## Investors

- True Growth Capital (https://capitalatlas.ai/funds/true-growth-capital) — Angel
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A
- Mountain Partners (https://capitalatlas.ai/funds/mountain-partners) — Series A
- Project A (https://capitalatlas.ai/funds/project-a) — Series A