LumaTax, a Seattle, WA-based provider of software that streamlines sales tax compliance for small business owners, closed a $3m financing.
The round was led by Cowboy Ventures with participation from existing investors Madrona Venture Group, and Greycroft Partners and new investor Vulcan Capital.
The company intends to use the funds to integrate with Square and expand its Touch-free Tax Returns™ to small business merchants in new markets that collect sales tax.
Led by Founder and CEO Robert Schulte, LumaTax provides a software platform that streamlines sales tax compliance for small business owners by integrating with tools that they already use. A LumaTax subscription includes automated audit analysis and nationwide Touch-free Tax Return filing.
The solution is available on the Square App Marketplace and the Quickbooks App Store.