{"id":42779,"date":"2019-05-15T11:43:01","date_gmt":"2019-05-15T09:43:01","guid":{"rendered":"https:\/\/newserver.fyb.de\/seed-fonds-iii-aachen-invests-in-taxtech-startup-taxy-io\/"},"modified":"2019-05-15T11:43:01","modified_gmt":"2019-05-15T09:43:01","slug":"seed-fonds-iii-aachen-invests-in-taxtech-startup-taxy-io","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/seed-fonds-iii-aachen-invests-in-taxtech-startup-taxy-io\/","title":{"rendered":"Seed Fonds III Aachen invests in taxtech startup Taxy.io"},"content":{"rendered":"

Aachen\/M\u00f6nchengladbach, May 14, 2019 \u2014 The 
\n Seed Fund III Aachen and M\u00f6nchengladbach<\/a>
\n<\/strong> is taking a stake in the Aachen-based startup Taxy.io<\/strong> GmbH as part of a seven-figure finan\u00adcing round. The young company deve\u00adlops arti\u00adfi\u00adci\u00adally intel\u00adli\u00adgent soft\u00adware solu\u00adti\u00adons for digi\u00adta\u00adliza\u00adtion in tax consul\u00adting and audi\u00adting. In addi\u00adtion to the Seed Fonds III, NRW.Bank<\/strong> and seve\u00adral busi\u00adness angels<\/strong> are also inves\u00adt\u00ading in the seed finan\u00adcing. In addi\u00adtion to their mone\u00adtary contri\u00adbu\u00adtion, they are also contri\u00adbu\u00adting profound indus\u00adtry exper\u00adtise, sales networks and entre\u00adpre\u00adneu\u00adrial expe\u00adri\u00adence. Thanks to an EXIST start-up grant<\/a> from the Euro\u00adpean Union and the German Fede\u00adral Minis\u00adtry for Econo\u00admic Affairs and Energy, as well as its own initial sales, the young company was able to further deve\u00adlop its products and achieve its first sales succes\u00adses. The seed funding will be used for staff deve\u00adlo\u00adp\u00adment, further deve\u00adlo\u00adp\u00adment of the soft\u00adware and further market launch.<\/p>\n

More time for the essentials<\/strong>
\nTaxy.io GmbH deve\u00adlops and distri\u00adbu\u00adtes B2B soft\u00adware solu\u00adti\u00adons for tax consul\u00adtants, audi\u00adtors and employees in finance depart\u00adments. \u201cTax firms still have to invest a lot of time and money in legal lite\u00adra\u00adture and rese\u00adarch work,\u201d says Daniel Kirch, CFO and one of the company\u2019s four foun\u00adders. \u201cOur auto\u00adma\u00adtion solu\u00adti\u00adons help find the desi\u00adred answers to tax-rela\u00adted ques\u00adti\u00adons and proac\u00adtively inform the tax advi\u00adsor about new consul\u00adting occa\u00adsi\u00adons. This gives advi\u00adsors and experts more capa\u00adcity to devote to actual custo\u00admer needs.\u201d<\/p>\n

The tech\u00adno\u00adlo\u00adgi\u00adcal focus of the Taxy.io soft\u00adware is on the auto\u00adma\u00adtion of consul\u00adting and rese\u00adarch proces\u00adses using arti\u00adfi\u00adcial intel\u00adli\u00adgence (AI). The soft\u00adware suite can be purcha\u00adsed as a license model or inte\u00adgra\u00adted into exis\u00adting soft\u00adware as an exter\u00adnal solu\u00adtion, for exam\u00adple via a programming inter\u00adface (API).<\/p>\n

Proac\u00adtive infor\u00adma\u00adtion compa\u00adri\u00adson with current chan\u00adges in legislation<\/strong>
\nThe Tax Feed module, which auto\u00adma\u00adti\u00adcally iden\u00adti\u00adfies consul\u00adting events, is the flag\u00adship of the Taxy.io product world: Using a simul\u00adta\u00adneous analy\u00adsis, the program compa\u00adres the current tax law lite\u00adra\u00adture with the consul\u00adtan\u00adt\u2019s clients and calcu\u00adla\u00adtes which infor\u00adma\u00adtion is rele\u00advant for which client. The consul\u00adting events iden\u00adti\u00adfied in this way are made available auto\u00adma\u00adti\u00adcally and the consul\u00adtant can evaluate them for his respec\u00adtive client without any further rese\u00adarch effort.<\/p>\n

\u201cDigi\u00adta\u00adliza\u00adtion is an abso\u00adlute trend topic and is high on the agenda of every company \u2014 inclu\u00adding tax consul\u00adtants and audi\u00adtors,\u201d says Markus Kr\u00fccke\u00admeier, mana\u00adging direc\u00adtor of the manage\u00adment company of the Seed Fonds Aachen and M\u00f6nchen\u00adglad\u00adbach. \u201cTaxy.io<\/a> is signi\u00adfi\u00adcantly driving the digi\u00adtal trans\u00adfor\u00adma\u00adtion in the indus\u00adtry by making basic proces\u00adses signi\u00adfi\u00adcantly more effi\u00adci\u00adent. The model also offers tremen\u00addous oppor\u00adtu\u00adnity for wide\u00adspread use in the market\u00adplace via inter\u00adna\u00adtio\u00adna\u00adliza\u00adtion, expan\u00adsion to other areas of law, and a programming inter\u00adface to other soft\u00adware systems.\u201d<\/p>\n

The four foun\u00adders (photo)<\/strong> Daniel Kirch, Sven Peper, Stef\u00adfen Kirch\u00adhoff <\/strong>and Sven Weber<\/strong>, who alre\u00adady know each other from their studies at RWTH Aachen Univer\u00adsity, are very well networked in the startup and inves\u00adtor scene and have alre\u00adady recei\u00adved seve\u00adral awards with Taxy.io. Well-foun\u00added exper\u00adtise in the fields of tech\u00adno\u00adlogy and finance combi\u00adned with many years of profes\u00adsio\u00adnal expe\u00adri\u00adence charac\u00adte\u00adrize the manage\u00adment of the young company.<\/p>\n","protected":false},"excerpt":{"rendered":"

Aachen\/M\u00f6nchengladbach, May 14, 2019 \u2014 The  Seed Fund III Aachen and M\u00f6nchen\u00adglad\u00adbach is taking a stake in the Aachen-based startup Taxy.io GmbH as part of a seven-figure finan\u00adcing round. The young company deve\u00adlops arti\u00adfi\u00adci\u00adally intel\u00adli\u00adgent soft\u00adware solu\u00adti\u00adons for digi\u00adta\u00adliza\u00adtion in tax consul\u00adting and audi\u00adting. In addi\u00adtion to the Seed Fonds III, NRW.Bank and seve\u00adral busi\u00adness angels [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":42790,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366],"tags":[],"class_list":["post-42779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","news-category-venture-capital-news"],"yoast_head":"\nSeed Fonds III Aachen invests in taxtech startup Taxy.io - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/seed-fonds-iii-aachen-invests-in-taxtech-startup-taxy-io\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seed Fonds III Aachen invests in taxtech startup Taxy.io - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Aachen\/M\u00f6nchengladbach, May 14, 2019 \u2014 The  Seed Fund III Aachen and M\u00f6nchengladbach is taking a stake in the Aachen-based startup Taxy.io GmbH as part of a seven-figure finan\u00adcing round. The young company deve\u00adlops arti\u00adfi\u00adci\u00adally intel\u00adli\u00adgent soft\u00adware solu\u00adti\u00adons for digi\u00adta\u00adliza\u00adtion in tax consul\u00adting and audi\u00adting. 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