Taxfix, a Berlin, Germany-based mobile-first tax assistant, raised US$30m in Series B financing.
The round was led by Valar Ventures with participation from Redalpine and Creandum.
The company intends to use the funds for further product development and global growth strategy.
Founded by Mathis Büchi and Lino Teuteberg, Taxfix provides a mobile-first tax assistant that levverages a smart, dynamic questionnaire and machine learning technology to allow people to make their declaration in approx. 20 minutes. The user photographs his/her annual pay slip, works through a question series personally tailored to optimize the refund, before the app automatically calculates the predicted tax rebate.
Currently, the company facilitates more than €5m per week in tax refunds for their users.