U.K. based tax preparation startup raised £5m in Series A funding led by Octopus Ventures.
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TaxScouts raises £5m in Series A funding to expand to Europe
Mart Abramov, co-founder and CEO of TaxScouts, comments: “We see a huge amount of potential in launching TaxScouts into Spain. Naturally, the weather and the wine were considered when picking the market, but having successfully built a solution for one of the trickiest tax systems in Europe, we are confident that we can deliver another great product for Spain’s complex tax structure. The market is double that of the UK, and this is the first step to us building a pan-European tax service”.
