Taxfyle is a technology company.
Taxfyle has raised $4.0M across 1 funding round.
Taxfyle has raised $4.0M in total across 1 funding round.
Taxfyle has raised $4.0M in total across 1 funding round.
Taxfyle's investors include Fuel Venture Capital.
Taxfyle is a technology platform that operates as the "Uber of taxes," connecting individuals, small businesses, and accounting firms with a network of over 7,200 U.S.-based licensed CPAs and EAs for on-demand tax preparation, filing, bookkeeping, and payroll services.[2][1][5] It serves both direct consumers needing quick tax help and firms seeking to outsource overflow work, solving capacity constraints during peak seasons like tax time while enabling pros to work flexibly; the platform has facilitated over 100,000 returns, raised $27.3 million in funding, and reported 200%+ YoY growth as of 2022, with 71% of jobs starting in under 2 minutes and 40% cost savings versus retail tax services.[2][5][1]
Complementing this, Taxfyle's Worklayer is a workflow tool for efficient task routing and job management, initially built internally and now offered to firms for internal staffing optimization and integrations like Karbon.[1][7]
Taxfyle was founded in August 2015 by three co-founders, including CEO Richard Laviña, a former CPA who conceived the idea in the back of an Uber after noticing clients demanded proactive consulting over annual filings.[2] Laviña aimed to "uberize" tax services, empowering independent CPAs with flexible gigs while giving firms and individuals instant access to pros.[1][2] Early traction came from addressing staffing shortages in accounting firms, evolving from a consumer-facing app to a B2B outsourcing powerhouse; by recent counts, it has scaled to over 100 employees, served 200+ CPA firms and 100,000 users, and earned Inc. 5000 recognition.[2][5]
Taxfyle rides the gig economy and on-demand services wave in professional services, transforming rigid tax prep—plagued by seasonal stress and capacity issues—into a flexible, tech-enabled marketplace amid rising demand for proactive financial consulting.[1][2][6] Timing aligns with post-pandemic remote work shifts, AI automation in accounting, and firms prioritizing high-value advisory over compliance grunt work, fueled by market forces like talent shortages and cost pressures.[4][8] It influences the ecosystem by democratizing access to U.S. expertise (e.g., for international firms), boosting firm margins, and setting standards for platform-based outsourcing in fintech-adjacent spaces.[1][2]
Taxfyle is poised to expand beyond core tax prep into broader accounting lines like advisory (starting at $50/30-min calls) and international services, leveraging AI for smarter matching and workflows amid growing regulatory complexity.[1][2][9] Trends like AI-driven tax tech, hybrid gig models, and demand for year-round consulting will propel it, potentially doubling its pro network and user base as IRS e-filing evolves. Its influence may grow by powering more firm scalings, tying back to its Uber-inspired roots in making taxes as seamless as a ride-share tap. [2][7][5]
Taxfyle has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Series A in July 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2018 | $4.0M Series A | Fuel Venture Capital |