Taxy.io

io GmbH specializes in providing software solutions for tax consulting. The company has successfully executed two deals, with its most recent deal occurring on December 18, 2020.io specializes in the development of digital, artificial intelligence-driven software solutions primarily designed for tax advisors and their staff. The company's flagship offerings include innovative platforms such as 'Answers,' which integrates advanced language models with validated legal literature, ensuring that users have access to accurate and current information regarding tax law. Other key products include 'SmartGrundsteuer,' a comprehensive tool for property tax assessments, which streamlines the process of preparing tax declarations by consolidating client data and interfacing directly with the ELSTER system.io operates on a subscription-based revenue model, providing clients access to its suite of software solutions on a recurring basis. Tax consulting firms typically subscribe to multiple modules, such as Answers and SmartGrundsteuer, allowing them to leverage these tools for their client operations. The model ensures a steady revenue stream as firms pay for ongoing access to the software and any updates or new features released.io aims to launch new features for its existing products within the next year while targeting expansion into the Benelux region by late 2022.

1. Seed

   Dec 18, 2020

   Amount

   Undisclosed

   Investors

   Locked