About TaxDown
TaxDown is a company based in Madrid (Spain) founded in 2018 by Enrique Garcia Moreno and lvaro Munoz.. TaxDown has raised $26.08 million across 7 funding rounds from investors including ATRESMEDIA, FJ Labs and Mediaset Espana. TaxDown offers products and services including TaxDown App, Expert Review Service, and Automated Deduction Tool. TaxDown operates in a competitive market with competitors including TaxAct, Exactera, TaxScouts, Drake Software and Anrok, among others.
- Headquarter Madrid, Spain
- Founders Enrique Garcia Moreno, lvaro Munoz
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26.08 M (USD)
in 7 rounds
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Latest Funding Round
$4.59 M (USD), Series B
Apr 22, 2025
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Investors
ATRESMEDIA
& 18 more
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Employee Count
Employee Count
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Products & Services of TaxDown
TaxDown offers a comprehensive portfolio of products and services, including TaxDown App, Expert Review Service, and Automated Deduction Tool. 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.
App for preparing and filing income tax returns
Professional assistance for tax declaration reviews
System to identify and apply tax deductions automatically
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Funding Insights of TaxDown
TaxDown has successfully raised a total of $26.08M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $4.59 million completed in April 2025. 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 7
- Last Round Series B — $4.6M
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First Round
First Round
(01 Jun 2019)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series B - TaxDown | Valuation | Bonsai Partners | |
| Apr, 2024 | Amount | Series B - TaxDown | Valuation |
investors |
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| Mar, 2023 | Amount | Series B - TaxDown | Valuation | Base10 Partners , JME Venture Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 TaxDown
TaxDown has secured backing from 19 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include ATRESMEDIA, FJ Labs and Mediaset Espana. 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 capital firm investing in pre-series A and series B startups
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Founded Year | Domain | Location | |
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Investments are managed by Base10 Partners in technology for the real economy, with operations in finance, food, retail, and related sectors.
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Founded Year | Domain | Location | |
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Early-stage tech-focused VC firm funding companies in Europe and the US
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Founded Year | Domain | Location |
| Investor | Description | 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 TaxDown
| 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 - TaxDown
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Taxdown Comparisons
Competitors of TaxDown
TaxDown 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 TaxAct, Exactera, TaxScouts, Drake Software and Anrok, 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 |
Tax filing software is offered for individuals and businesses.
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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 |
Tax planning is delivered via chatbots and human advisors.
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| domain | founded_year | HQ Location |
Professional tax preparation software is developed for tax professionals.
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| domain | founded_year | HQ Location |
Cloud-based sales tax compliance solution that automates tax calculation and filing for software-as-a-service companies, enabling them to focus on growth while ensuring compliance with global tax regulations
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Taxdown
Frequently Asked Questions about TaxDown
When was TaxDown founded?
TaxDown was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is TaxDown located?
TaxDown is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Who is the current CEO of TaxDown?
lvaro Munoz is the current CEO of TaxDown. They have also founded this company.
Is TaxDown a funded company?
TaxDown is a funded company, having raised a total of $26.08M across 7 funding rounds to date. The company's 1st funding round was a Series B of $6.23M, raised on Jun 01, 2019.
What does TaxDown do?
TaxDown was founded in 2018 in Madrid, Spain, focusing on the tax management sector. Cloud-based platforms and mobile applications are utilized to deliver services such as tax filing, returns processing, consulting, and planning advisory. These solutions are accessible via iOS and Android apps, supporting both individual and business users across operations centered in Spain.
Who are the top competitors of TaxDown?
What products or services does TaxDown offer?
TaxDown offers TaxDown App, Expert Review Service, and Automated Deduction Tool.
Who are TaxDown's investors?
TaxDown has 19 investors. Key investors include ATRESMEDIA, FJ Labs, Mediaset Espana, Enisa, and Bonsai Partners.
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