Its capitalization value has now skyrocketed over a billion dollars and in fact certifies the path towards unicorn status made by Taxfix, a Berlin fintech born in 2017 and arrived in Italy last May, today the protagonist of a series D loan. $ 220 million led by the Teachers Venture Growth fund alongside current investors in the company such as Index Ventures, Valar Ventures, Creandum and Redalpine.
The operation, as confirmed by the spokespersons, will bring the necessary liquidity to support the growth process through further expansion on the international market and the expansion of the portfolio of solutions offered, starting with the “new entry” Instant Refund.
Taxfix’s goal, since its inception, has always been the same: to combat the delays and complications of bureaucracy with technology, making life easier for taxpayers (individuals, self-employed or employees).
Over the past five years, the scaleup has created a series of new tools to manage the online tax return, eliminating all the complexities of the case and making it simple and accessible to anyone. The cost of the service, including sending to the Revenue Agency, is around 50 euros.
Martin Ott, CEO of Taxfix, has quite clear ideas about the new goals to be achieved starting from the results achieved recently, and specifically the doubling of revenues recorded in the first quarter of this year and the entry into the Spanish market.