Taxfix, a Berlin, Germany-based mobile-first tax assistant, raised €2M in seed funding.
The round was led by Redalpine and Creandum.
The company intends to use the funds to continue to expand its business reach.
Founded in 2016 by Lino Teuteberg and Mathis Büchi, Taxfix has developed scalable technology that allows for fully automated communication with the user and accommodation of fiscal differences across countries for future internationalization.
The mobile app, which features a chat-like interface, guides users through a personalized questionnaire. Smart algorithms ensure that all data is entered completely and correctly. The application then directly calculates the outstanding refund, automatically compiles the tax return and, users can submit it directly from the smartphone to the tax authorities.