# Tax Down S.L.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tax-down-s-l

- Industry: Software
- Headquarters: Madrid, Spain
- Website: www.taxdown.es
- Total disclosed funding: $3.6M
- Latest round: Seed (Mar 12, 2021)
- Investors on record: 3

## About

Founded in 2019 and based in Madrid, Spain, Tax Down S.L. (TaxDown) is a company that offers a digital platform for managing taxes. Alvaro Falcones Muñoz, Enrique García Moreno, and Joaquin Fernandez are the co-founders of the company. In March 2021, the firm raised EUR 2.4 million in seed funding from Abac Nest, and FJ Labs.

The company's income declaration platform is a simple, and secure way to file income tax returns. The process includes extensive data validation and an algorithm called Rita which finds all the deductions that can be accessed.

The organization has subscriptions for basic and pro plans, where the pro plan offers at EUR 35 as a monthly subscription.

Tax Down will use the March 2021 funding to expand its operation scope throughout Spain and other European countries.

## Funding rounds

- Seed, Mar 12, 2021, $2.9M — Abac Capital, FJ Labs
- Seed, Dec 16, 2020 — FJ Labs
- Seed, Apr 23, 2020, $0.8M — Abac Capital, Abac Nest

## Investors

- Abac Capital (https://capitalatlas.ai/funds/abac-capital) — Seed
- Abac Nest — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed