# Taxfix

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

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.taxfix.de
- Total disclosed funding: $330M
- Latest round: Series A (Aug 9, 2022)
- Investors on record: 5

## About

Taxfix GmbH is a digital platform that simplifies tax declaration processes for individuals in Germany and select European markets, utilizing an interactive Q&A format to streamline tax filing.Founded in 2016, Taxfix GmbH is based in Berlin, Germany. The company specializes in providing a digital solution for tax filings through a mobile application and web platform. The founding team includes Lino Teuteberg and Mathis Ginzbourg, while Martin Ott serves as the CEO. Taxfix has successfully raised USD 13.000 mn in its Series A funding round on August 9, 2022, with notable investors including Valar Ventures, Creandum, and Redalpine. The total amount raised by the company is USD 13.000 mn, with a current valuation of USD 55.678 mn.Taxfix offers a user-friendly digital platform that assists individuals in Germany, Italy, and Spain with their tax declarations. The service features an interactive question-and-answer format, guiding users through tax filings while allowing them to focus on relevant financial information. With over 5 million downloads, Taxfix's application caters to users with varying levels of tax knowledge. Additionally, the platform allows users to have their tax declarations prepared by independent tax advisors, expanding its services to those seeking expert assistance.For the most recent fiscal year in 2021, Taxfix reported a revenue of EUR 25,743,235.90, alongside an EBITDA of EUR -49,762,867.30. The company employs a tiered pricing structure, charging users a fee starting from EUR 39.99 for tax return submissions after free initial services. For those opting for expert assistance, fees begin at EUR 99.99, which is structured as a percentage of the tax refund received.In August 2022, Taxfix GmbH raised USD 13.000 mn in Series A funding, which will be utilized for the development of new products and services aimed at enhancing user experience. The company plans to expand its geographical reach into new European markets, targeting Italy and Spain more aggressively by the end of 2023. The funds raised will support these strategic initiatives, allowing Taxfix to bolster its market presence and improve its offerings.

## Funding rounds

- Series A, Aug 9, 2022, $13M — Creandum, Valar, Redalpine
- Series D, Apr 21, 2022, $220M — Index Ventures, Ontario Teachers' Pension Plan, Creandum, Valar, Redalpine
- Series C, Apr 3, 2020, $65M — Creandum, Valar, Redalpine
- Series B, Mar 20, 2019, $30M — Creandum, Valar, Redalpine
- Seed, Dec 14, 2017, $2M — Creandum, Redalpine

## Investors

- Creandum (https://capitalatlas.ai/funds/creandum) — Seed, Series B, Series C, Series D, Series A
- Redalpine (https://capitalatlas.ai/funds/redalpine) — Seed, Series B, Series C, Series D, Series A
- Valar (https://capitalatlas.ai/funds/valar) — Series B, Series C, Series D, Series A
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series D
- Ontario Teachers' Pension Plan — Series D