LumaTax
Latest round
- Seed
Last raised
- Aug 2016
Total raised
- $2M
Investors
- 3
About LumaTax
Based in the US, LumaTax, Inc.LumaTax develops a platform that automates sales tax compliance management.LumaTax provides an automated solution for managing sales tax compliance, specifically targeting US and Canadian markets. The platform streamlines sales tax filings by generating ready-to-file returns directly from sales data. It addresses complex compliance challenges, automating the collection and reconciliation of transaction data from multiple sources like Amazon and Stripe, thereby reducing administrative burdens.LumaTax generates revenue through subscription-based services that grant clients access to their tax compliance platform. Clients engage on a contractual basis, securing a steady revenue stream through various pricing plans tailored to different business sizes and complexities.Following the acquisition of LumaTax, Inc. by Taxually Limited Liability Company on April 12, 2023, the strategy for future growth focuses on accelerating expansion globally across both Enterprise and E-commerce segments. The acquisition aims to enhance Taxually's indirect tax product suite. Specific timelines for the rollout of new products and geographic market expansions have not yet been disclosed.
Who invested in LumaTax
3 investors across 1 round
See all investors in LumaTax
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Seed
Aug 31, 2016
Amount
$2M
Investors
Questions about LumaTax
Who invested in LumaTax?
LumaTax has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has LumaTax raised?
LumaTax has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did LumaTax last raise money?
LumaTax's most recent round on record is a Seed, in Aug 2016.
What does LumaTax do?
LumaTax is a software company.
Where is LumaTax headquartered?
LumaTax is headquartered in Seattle, US.
Which VCs invest in companies like LumaTax?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at LumaTax's stage. Their profiles are linked below.
VCs backing software startups at Seed
Raising like LumaTax? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.