Loctax
Global tax intelligence. Verifiable & actionable.
29 employees · est. 2020 · London, United Kingdom
ModernTax
Empowering financial service providers with accurate tax data on small businesses and individuals.
3 employees · est. 2021 · San Francisco, United States
Loctax is the older company (2020 vs 2021); Loctax is the larger of the two.
Side-by-Side Comparison
| Metric | Loctax | ModernTax |
|---|---|---|
| Founded | ||
| Founded | 2020 older | 2021 |
| Headquarters | ||
| Headquarters | London, United Kingdom | San Francisco, United States |
| Employees | ||
| Employees | 29 larger | 3 |
| Industry | ||
| Industry | Fintech, SaaS | API, Financial Services, Fintech |
| Funding Stage | ||
| Funding Stage | Acquired | Seed |
| Total Funding | ||
| Total Funding | $15.60M | $2.24M |
| Funding Rounds | ||
| Funding Rounds | 3 | 5 |
| Services | ||
| Services | AI Assistant for Tax Questions, Compliance Monitoring, Risk and UTP Tracking, Audit and Litigation Management, Tax Workflow Optimization | Tax Transcript Retrieval, Employment & Income Verification, API Documentation, Tax Payment Verification |
| Target Customers | ||
| Target Customers | Tax Professionals, Corporate Finance Departments, Multinational Corporations | SBA Lenders, Commercial Banks, HR Platforms, Background Check Providers, Developers, Loan Underwriters, CTOs and Engineering Teams |
| Taxonomy | ||
| Taxonomy | Collaborative Tax Platform, Tax Compliance, Tax Risk Management, Tax Governance, In-house Tax Teams, Global Tax Management, Tax Digitalisation, ESG Tax Preparation, Tax Advisory Projects, Tax Audit Management, Transfer Pricing, TaxOps, Tax Technology, Tax Data Management, Stakeholder Collaboration | Tax Data Solutions, API Platform, Tax Automation, IRS Taxpayer Records, KYC/KYB Compliance, Virtual Tax Filing, Lending Verification, Employee Financial Benefits, Business Services, Fortune 500 Insurers, Small Business Lenders, Accounting Efficiency |
| Website | ||
| Website | loctax.com | moderntax.io |
About Loctax
Loctax, founded in 2020 and headquartered in the United Kingdom, is a pioneering player in the Fintech and SaaS sectors. The startup is carving a niche with its groundbreaking platform, which integrates tax compliance, risk, and governance for global in-house tax teams. Offering a unified solution,...
About ModernTax
ModernTax, founded in 2021, is carving out a niche in the intersection of API, Financial Services, Fintech, Information Technology, and SaaS. Headquartered in the United States, the company operates with a clear mission: Empowering financial service providers with accurate tax data on small business...
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Funding, hiring, leadership and stack changes at Loctax and ModernTax — by email.
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Compiled from the BounceWatch company index. We last looked at Loctax on 20 Oct 2025, and ModernTax on 30 Mar 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.