TaxScouts, a London, UK-based tax preparation startup, raised €1.4m in funding.
The round was led by SpeedInvest, with participation from Finch Capital and Seedcamp.
The company intends to use the funds to expand operations and grow its operations and marketing efforts.
Led by Mart Abramov, co-founder and CEO, Dan Karger, CTO, and Kaupo Kõrv, CDO, TaxScouts provides taxpayers with a service that combines automation and by certified accountants to offer personalized online personal income tax preparation.
The solution allows taxpayers to have their self assessment prepared online for £99.
Other investors in the company include Tiny Supercomputer VC, Picus Capital, Charlie Songhurst, Charlie Delingpole, and Celso Pinto.