Filed, a newly launched accounting software company, has emerged from stealth with a mission to overhaul how individuals and businesses handle taxes. The startup has secured $17.2 million in a funding round led by venture capital firm Northzone, aiming to leverage artificial intelligence to automate and simplify the entire tax return process.
The company’s core offering is designed to manage the full lifecycle of tax filing—from document collection and categorization to final submission—using AI-driven workflows. Filed believes that by reducing the complexity and manual effort involved in tax preparation, it can offer users a faster, more efficient, and less error-prone experience.
With the new investment, Filed plans to expand its engineering and product teams, further develop the capabilities of its platform, and scale its customer acquisition strategy. While there are established players in the accounting software space, Filed aims to differentiate itself by offering more automation and smarter insights into finances through machine learning algorithms.
The investment by Northzone—a firm known for backing successful startups—highlights growing investor confidence in AI applications that address complex, traditionally slow-moving industries like accounting.
Filed joins a growing group of fintech startups seeking to modernize financial services using cutting-edge technology. As tax regulations and filing requirements become increasingly intricate, the company sees a significant opportunity to bring clarity and ease to an otherwise stressful process.
Filed has not yet disclosed a public launch date but is expected to start offering its services in select markets within the next year. The company’s leadership team brings together expertise from both the finance and technology sectors, which they hope will position them to effectively serve a wide array of clients ranging from freelancers to small businesses and larger enterprises.
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