6 years ago

TaxScouts Secures €1.4 Million to Scale Online Tax Preparation Services

  • TaxScouts, a London-based startup offering online tax preparation services, has raised €1.4 million in a Series A funding round led by SpeedInvest, with participation from Finch Capital and Seedcamp

  • The funding will be used to double the company's team in the UK, invest in operations and marketing, and scale its services to both taxpayers and accountants

  • TaxScouts aims to simplify the tax preparation process for individuals in the UK, offering a service that is cheaper than hiring a traditional accountant but with the same benefits

  • The company partners with accountants throughout the UK, enabling smaller regional accountancy firms to expand their customer base nationally.

      • ProblemFinancial Services

      "Filing taxes in the UK is often complicated, stressful, and expensive, especially for those with non-standard income."

      Solution

      "TaxScouts offers a hybrid approach to tax preparation by combining automated software with on-demand access to qualified accountants, making the process more affordable, efficient, and user-friendly."

      Covered on