Berlin-based Taxfix, an app that simplifies complex tax filing systems, announced on Thursday that it has raised $220M (approximately €209M) in its Series D round of funding. The fintech has now achieved the status of a unicorn and sits on a valuation of over $1B.
In the past five years, Taxfix claims to have created a new category of mobile tax filing by taking the pain out of the stressful process and making it accessible and simple for everyone to file their taxes through the Taxfix app.
Investors in this round
The round was led by Teachers’ Venture Growth (TVG), part of the $242B Ontario Teachers’ Pension Plan Board (Ontario Teachers’), with participation from existing investors Index Ventures, Valar Ventures, Creandum, and Redalpine.
Avid Larizadeh Duggan, Managing Director, EMEA, of TVG, will join the Taxfix board.