TaxDown Raises €5M in Funding

TaxDown, a Madrid, Spain-based tax planning and filing platform provider, raised €5m in funding.

Backers included Base10, JME Ventures, Abac Nest, 4Founders Capital, and ENISA.

The company intends to use the funds to continue to expand operations and its business reach across Spain and Latin America.

Founded in 2019 and led by Enrique García, CEO, TaxDown provides a platform that allows users to file their income tax return in a simple way. Users can enter the platform, enter data and compare the result of TaxDown with that of the draft. Then decide if they want to click and confirm.

The company has managed more than €750m in taxes for 2m users.

FinSMEs

15/04/2024