TaxScouts

London, United Kingdom Founded: 2017 • Age: 9 yrs Acquired By Taxfix
Tax planning is delivered via chatbots and human advisors.
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About TaxScouts

TaxScouts is a company based in London (United Kingdom) founded in 2017 by Kaupo Korv and Daniel Karger was acquired by Taxfix in July 2024.. TaxScouts has raised $8.22 million across 3 funding rounds from investors including Taxfix, Seedcamp and Speedinvest. TaxScouts operates in a competitive market with competitors including TaxAct, TaxDown, Exactera, Drake Software and Anrok, among others.

  • Headquarter London, United Kingdom
  • Founders Kaupo Korv, Daniel Karger
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Positron Technologies Ltd
  • Date of Incorporation 29 Aug, 2017
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $8.22 M (USD)

    in 3 rounds

  • Latest Funding Round
    $6.21 M (USD), Series A

    Jun 26, 2020

  • Investors
    Taxfix

    & 13 more

  • Employee Count
    Employee Count
  • Acquired by
    Taxfix

    (Jul 02, 2024)

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People of TaxScouts
Headcount 50-200
Employee Profiles 37
Employee Profiles
People
Bertrand Honner
Software Engineer
People
Jaume Suñol
General Manager Spain
People
Francesca Morante
Head of Finance
People
Lilian Skinner
Accountant

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Funding Insights of TaxScouts

TaxScouts has successfully raised a total of $8.22M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.21 million completed in June 2020. 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 Rounds 3
  • Last Round Series A — $6.2M
  • First Round

    (15 May 2018)

  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2020 Amount Series A - TaxScouts Valuation Octopus Ventures
Jan, 2019 Amount Seed - TaxScouts Valuation Speedinvest
May, 2018 Amount Seed - TaxScouts Valuation Picus Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in TaxScouts

TaxScouts has secured backing from 14 investors, including venture fund and angel investors. Prominent investors backing the company include Taxfix, Seedcamp and Speedinvest. 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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital investment and support for founders in technology and health sectors.
Founded Year Domain Location
Early-stage venture capital and startup acceleration are provided.
Founded Year Domain Location
Venture capital fund investing in tech startups
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by TaxScouts

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - TaxScouts

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Taxscouts Comparisons

Employees
+
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Competitors of TaxScouts

TaxScouts 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, TaxDown, Exactera, 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.
domain founded_year HQ Location
Cloud and app-based tax management solutions for individuals and businesses
domain founded_year HQ Location
Tax compliance software solutions are provided for business operations.
domain founded_year HQ Location
Professional tax preparation software is developed for tax professionals.
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
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Taxscouts

Frequently Asked Questions about TaxScouts

When was TaxScouts founded?

TaxScouts was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is TaxScouts located?

TaxScouts is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is TaxScouts a funded company?

TaxScouts is a funded company, having raised a total of $8.22M across 3 funding rounds to date. The company's 1st funding round was a Seed of $407.18K, raised on May 15, 2018.

What does TaxScouts do?

TaxScouts was founded in 2017 in London, United Kingdom, within the tax advisory sector. Income tax situations are analyzed by a chatbot based on user inputs, with optimization suggestions provided. Users are matched with financial advisors for tax return planning. Tools such as net salary and income tax calculators are offered, alongside various pricing models tailored to services.

Who are the top competitors of TaxScouts?

TaxScouts's top competitors include TaxDown, TaxBuddy and Anrok.

Who are TaxScouts's investors?

TaxScouts has 14 investors. Key investors include Taxfix, Seedcamp, Speedinvest, Octopus Ventures, and Finch Capital.

What is TaxScouts's valuation?

The valuation of TaxScouts is $6.2M as of Jan 2019.

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