Taxdoo
Financials
Estimates*
EUR | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|
Profit | (<1m) | <1m | <1m | (6.7m) |
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Spinout | |
* | €600k | Seed | |
* | €17.0m | Series A | |
* | $64.0m | Series B | |
Total Funding | €75.8m |
Recent News about Taxdoo
EditTaxdoo is a digital platform that simplifies tax and accounting processes for e-commerce businesses. The company operates in the financial technology market, serving online retailers and tax consultants. Taxdoo's primary function is to automate tax-related tasks, saving clients up to 80% of their time.
The platform allows users to connect their marketplaces, shop systems, and enterprise resource planning (ERP) systems with just a few clicks. Once these sales channels are linked, Taxdoo takes over, handling all tax-related challenges. This includes the consistent accounting of sales, secure data management, and the automatic submission of regular tax reports.
Taxdoo's business model is based on a subscription service. Clients can test the platform for free for 30 days, during which they can explore the user interface, connect their systems, and generate reports. The platform also offers direct access to a personal dashboard and the ability to connect with major e-commerce platforms like Amazon, Zalando, Shopify, and eBay.
The company generates revenue through its subscription fees, offering a comprehensive solution for VAT handling in the EU. This one-stop-shop approach to tax management has been praised by users for its efficiency and ease of use.
Keywords: Taxdoo, e-commerce, tax automation, accounting, financial technology, VAT handling, subscription service, ERP systems, data management, online retailers.