Filed, a Stockholm, Sweden-based provider of an AI-powered tax preparation platform, raised $17.2M in Pre-Seed and Seed funding.
The round was led by Northzone, Day One Ventures, J Ventures, Neo, Raine, and Greens Ventures.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Leroy Kerry and CTO Atul Ramachadran, Filed provides an AI-powered tax preparation platform built for tax firms with either onshore or offshore operations, integrating into existing workflows without disrupting established processes or software. It automates the complete lifecycle of a tax return–from structuring diverse client documents to validating returns and proactively flagging anomalies based on firm-defined rules.
Key capabilities include:
- Specialized AI: Combines foundation models trained on tax returns with a proprietary tax workflow orchestration layer that operates natively on top of existing software, including CCH Axcess, UltraTax, Lacerte, and Drake.
- Customizable “firm profiles”: Mirror existing workflows down to naming conventions, review processes, and client communication preferences for seamless integration.
- Deterministic workflows: the system escalates edge cases and ambiguous tax scenarios for human review, ensuring auditability, traceability, and compliance with IRS standards, while supporting both multi-state and federal returns.
FinSMEs
21/05/2025