Taxfyle, a Coral Gables, Florida-based on-demand licensed accounting platform, raised $4.1m in Series A funding.
The round, which brought total funding raised to date to $7.3m, was led by Rokk3r Fuel ExO, with participation from Ocean Azul Partners. In conjunction with the financing, Rokk3r Fuel founder and managing director Jeff Ransdell, Ocean Azul Partners managing director Bill Pruitt, and former PricewaterhouseCoopers partner Dick Deas will join the Taxfyle Board of Directors.
The company intends to use the funds to expand its platform, ramp up distribution of Worklayer (beginning with the 45,000 CPA firms in the U.S), and recruit additional marketing and sales staff.
Led by Ricky Laviña, CEO and co-founder, and Michael Mouriz, co-founder and COO, Taxfyle is an on-demand workforce company that matches and connects customers to licensed certified public accountants and IRS enrolled agents who perform tax and accounting work for them.
In 2018, Taxfyle developed a B2B solution called Worklayer, an enterprise solution that allows large professional services companies to catalogue services and intelligently route those services to their workforce on demand. With Worklayer, CPA firms can scale their workforces as needed and earn additional revenue without the time-intensive task of recruiting, training new staff, and drafting long-term contracts.
Launched in 2015, the company has a user base of more than 40,000 taxpayers and 1,300 licensed professionals. It operates in all 50 states and Puerto Rico.