Hamburg, Germany
Taxdoo, a fintech startup founded in 2016 in Hamburg, Germany, is capitalizing on the rapidly evolving intersection of e-commerce and tax compliance. Their mission, encapsulated in their slogan, "We let your financial data accelerate your business," emphasizes their focus on simplifying complex tax regulations for online merchants, tax consultants, and marketplaces across Europe.
Operating within the Fintech and Payments sectors, Taxdoo provides a robust cloud-based solution that automates VAT processes in foreign EU countries and the UK. By automating the collection, monitoring, and evaluation of transaction data, they efficiently determine VAT liabilities, streamlining operations for their users.
In their last recorded investment round, a Series B on 01 December 2021, Taxdoo secured $64.00M from notable investors including Visionaries Club, Accel, Tiger Global, and The Twenty Minute VC. This strong backing underscores investor confidence in Taxdoo's potential to reshape VAT compliance in global e-commerce.
