About Taxdoo
Taxdoo is a company based in Hamburg (Germany) founded in 2016 by Christian Konigsheim, Matthias Allmendinger, and Roger Gothmann.. Taxdoo has raised $85 million across 3 funding rounds from investors including Accel, Tiger Global and Visionaries Club. The company has 35 employees as of December 31, 2020. Taxdoo offers products and services including Buchhaltung Software and Umsatzsteuer Software. Taxdoo operates in a competitive market with competitors including Avalara, TAINA Technology, Exactera, TaxJar and LumaTax, among others.
- Headquarter Hamburg, Germany
- Employees 35 as on 31 Dec, 2020
- Founders Christian Konigsheim, Matthias Allmendinger, Roger Gothmann
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Taxdoo Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$85 M (USD)
in 3 rounds
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Latest Funding Round
$64 M (USD), Series B
Dec 16, 2021
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Investors
Accel
& 4 more
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Employee Count
35
as on Dec 31, 2020
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Products & Services of Taxdoo
Taxdoo offers a comprehensive portfolio of products and services, including Buchhaltung Software and Umsatzsteuer Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates financial bookkeeping for e-commerce transactions
Manages VAT compliance and reporting for online sales
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Funding Insights of Taxdoo
Taxdoo has successfully raised a total of $85M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $64 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $64.0M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series B - Taxdoo | Valuation | Tiger Global Management | |
| Dec, 2020 | Amount | Series A - Taxdoo | Valuation | Accel | |
| Dec, 2017 | Amount | Seed - Taxdoo | Valuation | HTGF |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Taxdoo
Taxdoo has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Accel, Tiger Global and Visionaries Club. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Visionaries Club is engaged in venture capital investments for B2B tech startups.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Taxdoo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Taxdoo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Taxdoo Comparisons
Competitors of Taxdoo
Taxdoo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Avalara, TAINA Technology, Exactera, TaxJar and LumaTax, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based tax compliance solutions are delivered for businesses worldwide.
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| domain | founded_year | HQ Location |
Compliance management platforms are provided for financial institutions' regulatory needs.
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| domain | founded_year | HQ Location |
Tax compliance software solutions are provided for business operations.
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| domain | founded_year | HQ Location |
Cloud-based tax calculations & compliance solutions for small businesses
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| domain | founded_year | HQ Location |
Tax and compliance management solutions are offered to businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Taxdoo
Frequently Asked Questions about Taxdoo
When was Taxdoo founded?
Taxdoo was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Taxdoo located?
Taxdoo is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
Who is the current CEO of Taxdoo?
Christian Konigsheim is the current CEO of Taxdoo. They have also founded this company.
Is Taxdoo a funded company?
Taxdoo is a funded company, having raised a total of $85M across 3 funding rounds to date.
How many employees does Taxdoo have?
As of Dec 31, 2020, the latest employee count at Taxdoo is 35.
What does Taxdoo do?
Taxdoo was founded in 2016 in Hamburg, Germany, as a sales tax management solution within the e-commerce sector. Operations focus on data collection from marketplaces such as Amazon, eBay, and Shopify, alongside integration with ERP software for reconciliation. VAT assessment, threshold monitoring, and financial accounting are handled to support online retailers in tax compliance across international sales.
Who are the top competitors of Taxdoo?
What products or services does Taxdoo offer?
Taxdoo offers Buchhaltung Software and Umsatzsteuer Software.
Who are Taxdoo's investors?
Taxdoo has 5 investors. Key investors include Accel, Tiger Global, Visionaries Club, 20VC Fund, and High-Tech Gründerfonds.