# Loctax NV

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

- Industry: Financial Services
- Headquarters: Ghent, Belgium
- Website: www.loctax.com
- Total disclosed funding: $12M
- Latest round: Series A (Sep 21, 2022)
- Investors on record: 4

## About

Founded in 2020 and based in Ghent, Belgium, Loctax NV operates a collaborative tax governance platform that manages compliance, projects, audits, transfer pricing, and all other tax responsibilities. In September 2022, Loctax raised USD 12 million in Series A funding led by new Index Ventures, with participation from Mustard Seed MAZE. Returning investors Cavalry Ventures and Seedcamp also participated in the round. The company is led by co-founder and CEO, Hans Kayaert. 

Loctax offers a tax governance platform that helps companies better manage their tax reporting and all tax-relevant data including compliance, projects, audits, transfer pricing, and all other tax responsibilities, thus, acting as an operational Tax Control Framework. Loctax targets companies that operate across multiple countries and regions. Its customers currently have operations in 15 to 40 countries. 

The company plans to use the 2022 funding to expand its partnerships with local advisors.

## Funding rounds

- Series A, Sep 21, 2022, $12M — Index Ventures, Seedcamp, NAP, Mustard Seed MAZE

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A
- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Series A
- NAP (https://capitalatlas.ai/funds/nap) — Series A
- Mustard Seed MAZE (https://capitalatlas.ai/funds/mustard-seed-maze) — Series A