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Berlin startup Taxfix gets millions of investment

Just a few months after the last round of financing, Valar Ventures once again invested a million in the Berlin startup Taxfix. The fund of controversial star investor Peter Thiel is already involved in the company with a tax return app. Also the other old investors Redalpine and Creandum are after founders scene information with the current capital increase thereby. Taxfix did not comment on the financing.

The short time between rounds of financing indicates a rapid growth of the company. Especially in the first few months of 2019, the startup could massively increase its download numbers, as figures from the Priori Data estimation tool show. Valar Ventures wants to continue its success with the banking app N26 and with Taxfix. Where the US venture capitalist had already invested in 2015. Meanwhile, the Berlin smartphone bank rated at 2.3 billion euros, but is currently because of its poor customer service in the criticism.

As with N26, a financial app will be created with Taxfix from Germany, which will play an international role in the future. The Berlin based company has already started in Italy. Also for the US market, the startup is currently looking for a management, reports an industry insiders.

Taxfix offers an app that can be used to complete the tax return. The customer costs 35 euros. In the event that you get less than 50 euros refunded, the app is free of charge. Mathis Büchi and Lino Teuteberg founded Taxfix 2016. Overall, the startup before the current round of financing, according to Crunchbase already collect about 13.4 million euros. For example, the startup competitors include Wundertax and Taxbutler, which, however, had to file for bankruptcy.

Published inStartups

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