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HomeBankingTaxdoo: Lands $64m in Series B funding

Taxdoo: Lands $64m in Series B funding

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Taxdoo: Lands $64m in Series B funding

  • Taxdoo has closed a $64 million Series B funding round
  • The round was led by Tiger Global with participation from existing investors Accel, Visionaries Club, and 20VC.
  • It comes 11 months after its $21 million Series A and takes the firm’s total funding to date to $85 million
  • After Brexit became a reality and fundamentally changed the VAT treatment of e-commerce transactions in the UK
  • The company says the latest round of funding will go towards building out its financial operating system for e-commerce
  • The cash will also be used to fuel the company’s expansion into other international markets, Koenigsheim adds

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