april Overview
April Tax Solutions uses a data-driven approach to personalize the tax experience and minimize the burden on taxpayers. The company builds products to improve users' financial wellbeing and reduce anxiety around taxes. April is completely frictionless and integrated with the financial services ecosystem. The company leverages and reinforces financial institutions' relationships with their customers, driving mutual value, savings, and new offerings. For developers, April provides simple and robust APIs for businesses to leverage every aspect of the US tax code and perform calculations and AI-based simulations for creating new experiences within its application or platform.
Cumulative Funding Raised Over Time ($)
Latest News
הסטארטאפ הישראלי April משלים סבב גיוס חדש כדי לעזור לאמריקאים עם התקופה הלחוצה בשנה
growth-positive
The Israeli startup says it now reaches millions of Americans with faster tax filing.
Israeli fintech company April has raised $38 million in a Series B round, led by QED Investors, with participation from Nyca Partners and Team8. This brings Aprils total capital raised to $78 million. Founded in 2021, April has developed a platform that simplifies U.S. tax filing, reducing the time required from 13 hours to under an hour. The platform is integrated into financial transactions and is used by millions of Americans. April has partnerships with over 50 organizations and has received approval to operate in all 50 U.S. states. The company employs about 60 people and plans to expand its offerings beyond tax filing.
InvestmentPartnersExpand
growth-positive
April has developed an AI-based platform, which allows individual and business users to manage their US taxes on a routine basis, including planning, quarterly payments, and filing reports.
Israeli fintech company April has successfully completed a $38 million Series B financing round led by QED Investors, with participation from existing and new investors. The company, founded in 2021, has developed an AI-based platform for managing US taxes, which integrates with financial apps for routine tax management tasks. April has raised a total of $78 million to date and plans to double its workforce by 2026. The company recently received regulatory approval for full-scale deployment across all US states, a significant milestone as such approval has not been granted to new companies in this field since 2008.
InvestmentExpand
growth-positive
After Successful Tax Season, Embedded Tax Platform April Raises $30M Series A from Fintech Veterans
April, a personal income tax platform, has raised $30M in a Series A Round after a successful tax season. The company has gained attention from unicorn founders and leaders in the fintech space. Aprils tax platform was used by several financial institutions to help thousands of American taxpayers file their taxes quickly and access their refunds. The platform takes an average of 15 minutes to file taxes and 90% of users filed on mobile devices. The funding will be used to expand R&D capabilities and operational capacity for the next tax season. Aprils goal is to make tax filing easier for everyday Americans by embedding tax into banking and financial apps. The company aims to reduce overpayments and provide a better understanding of the tax code. Lowell Putnam, a fintech infrastructure entrepreneur, will join Aprils Board of Directors.
InvestmentExpand
growth-positive
AI-powered tax platform April launches after $10M seed round
Tax platform April has launched its operations after raising $10 million in a seed round. The company uses natural language processing and human-assisted AI to streamline the tax preparation process. April has also formed partnerships with financial institutions to align tax preparation with financial wellness. The funding round was led by Team8 and included participation from several investors. April plans to roll out its platform in the first half of 2022 to select customers of fintech partners. The company has also partnered with Propel to reach families with limited income. April aims to provide a real-time, continuous, and integrated tax experience to help taxpayers make more informed financial decisions.
PartnersInvestment
| Sector | Fintech & Insurtech |
Funding
| Total funding | $78M |
| Last funding | $38M |
| Stage | B |
| Rounds | 3 |
| Investors | 11 |
Team Members
2
Employees: 51-200
Web & Social Links
| Website | www.getapril.com/ |
| Careers | Careers page |
Locations
Totseret ha-Arets Street 7, Tel Aviv-Yafo, Israel
488 Madison Avenue, New York, New York 10022, USA
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