# TaxModel In-House

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/taxmodel-in-house-b-v

- Industry: Software
- Headquarters: 's-Hertogenbosch, Netherlands
- Website: www.tax-model.com
- Total disclosed funding: $1.1M
- Latest round: Series A (Jan 17, 2019)
- Investors on record: 1

## About

TaxModel In-House B.V., based in the Netherlands, specializes in advanced tax technology solutions, aiming to optimize international tax practices for businesses and professionals.Founded in 2005 and headquartered in 's-Hertogenbosch, Netherlands, TaxModel In-House B.V. provides innovative tax technology solutions. The company was founded by Hank Moonen, who has a history in the tech sector. The firm has successfully completed 2 deals, with the most recent being a Series A round that raised EUR 1.000 mn led by Newion Investments. As of December 2023, TaxModel was acquired by Tax Systems Ltd., enhancing its capacity for growth beyond its established UK and Irish markets.TaxModel delivers a comprehensive suite of tax technology solutions aimed at improving international tax processes. Central to these offerings is TaxSuite, which includes products like TPdoc, automating transfer pricing documentation; TaxProof, streamlining tax accounting; and Alphatax, a solution for corporate tax compliance in the UK and Ireland. TaxModel caters to a diverse clientele, including law firms and multinational enterprises across Europe, North America, and Asia-Pacific, significantly enhancing their tax management capabilities.In the most recent year, TaxModel reported a revenue of EUR 855,006.4 and an EBITDA of EUR 51,637.2, driven by its subscription-based model for cloud solutions tailored to tax compliance and reporting.Following its acquisition in December 2023, TaxModel plans to leverage the support from Tax Systems Ltd. to enhance its product offerings and expand into new markets. This includes the development of new tax technology tools and strategies to penetrate additional European markets and potentially beyond by 2025. The recent funding will support these initiatives, aligning with the strategy to strengthen their market position and meet evolving tax compliance needs.

## Funding rounds

- Series A, Jan 17, 2019, $1.1M — Newion Investments

## Investors

- Newion Investments (https://capitalatlas.ai/funds/newion-investments) — Series A