Redalpine backs $30m series-B for Taxfix

The round was led by Valar Ventures with participation from Creandum.

Redalpine drew capital from its third venture fund (RAC III), which held a final close on its CHF 100m hard-cap in 2017.

Taxfix will use the fresh funding to support further product development and growth.

Previous funding
Creandum and Redalpine led a €2m seed funding round for Taxfix in 2017. Both investors returned to a $13m series-A led by Valar in August 2018.

Company
Headquartered in Berlin and founded in 2016, Taxfix is a mobile app enabling users to file tax declarations. The company claims that through a questionnaire and machine-learning technology, the user can file a declaration within 20 minutes, compared to the hours usually required with traditional paperwork.

People
Valar Ventures – James Fitzgerald (general partner).
Taxfix – Mathis Büchi (CEO).

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