Based out of London, TaxScouts is a tax preparation platform that makes tax planning easier. Recently, the UK startup secured £5 million (approx €5.5 million) funding in Series A round for European expansion. This brings the total amount raised to €7.2 million to date.
The funding round was led by Octopus Ventures along with previous investors including SpeedInvest, Seedcamp, and Finch Capital. Also, Clocktower Technology Ventures, the US venture capital firm specialising in financial technology participated in the round.