Today we are announcing our $38M Series B, led by QED Investors, with participation from existing investors Euclidean Capital, iAngels, NYCA, Team8, Transpose, Treasury, and welcome new investors, Industry Ventures.

Nearly 4 years ago, we set out with an ambitious goal to embed tax in every financial decision by building the most connected tax software.

Approximately 150 million households and 30 million small businesses need to estimate and pay their taxes annually in the US.

45% of the $5 trillion in annual US Government revenues is paid for by American Households.

There is a generational opportunity to optimize this $2tn+ in spend and help Americans do more with their money.

As we just saw with the One Big Beautiful Bill, US taxation is complicated, constantly evolving, and intertwined with our financial markets and broader economy. From impacting compensation structures (like tips and overtime) to auto loans and tax advantaged accounts, tax touches virtually every aspect of our lives.

When we started april, we said that tax was the forgotten child of fintech. Approximately 2 in 3 tax returns are processed by just four companies (Intuit, H&R Block, Thompson Reuters and Wolters Kluwer). In fact, there are only around ten companies with a national charter to calculate and process tax returns and most were built in the 1980s and 1990s.

Until april, taxes could be filed with a CPA or with an online DIY software. Taxes lived alone on an island disconnected from your finances.

As a leader who has spent his career in financial services, this makes absolutely no sense.

American families and small businesses need a better way.

Over the last four years, we have been quietly building the first nationally licensed tax software in over a decade. It is purpose built to be embedded where Americans are already managing their money.

In just four years we have:

• Embedded in over 50 financial apps, including some of the largest financial institutions in the United States

• Built the first nationally licensed e-file tax software in over 15 years

• Leveraged AI to 20x the rate at which we convert tax law to computer software

• Filed hundreds of thousands federal and state tax returns on our own licensed infrastructure

• Processed hundreds of millions of tax refunds

• Launched several first-of-its kind real-time tax APIs for refund tracking, quarterly payments and stock sale estimates that drive meaningfully better after tax outcomes

Financial apps are quickly realizing that adding tax to their offering presents a massive opportunity to generate engagement, revenues and meaningfully improve their customer’s bottom line in a value-add way, without gimmicks or financial engineering.

The new frontier of taxes is that they happen for you, where you already manage your money or get paid.

Our business is benefiting from this recognition and has grown 3x YTD.

If you are passionate about a mission driven organization at the epicenter of AI, embedded finance, financial planning, and taxes (obviously), check out our careers page and consider joining us.

Onwards!