Company Overview
Snapshot
Founded in August 2021 by Ben Borodach and Daniel Marcous, April operates with 51–200 employees. The company has successfully raised $78 million across three funding rounds from 11 investors, with QED Investors leading a round in July 2025. In July 2025, April secured $38 million in Series B funding, bringing its total capital raised to $78 million.
Business overview
April is a Fintech & Insurtech company that develops embedded tax experiences, aiming to simplify the tax process and improve financial well-being. The company leverages AI-based simulations and robust APIs to integrate seamlessly into the financial services ecosystem, allowing businesses to incorporate US tax code functionalities directly into their applications. April serves financial institutions and their customers, reducing the burden and anxiety associated with tax filing.
Strategic signal
In July 2025, April completed a $38 million Series B funding round led by QED Investors, with participation from. This significant capital injection, which brought total funding to $78 million, signals strong investor confidence in April's AI-based platform for US tax management. The funding is expected to fuel the company's expansion beyond tax filing and support its growth trajectory, particularly following its regulatory approval for full-scale deployment across all US states.
Log in to access full profile ›Company Intelligence Q&A
- What was April's most recent funding round?
- In July 2025, April secured $38 million in Series B funding. This round was led by QED Investors, with participation from Nyca Partners.
- When was April founded and by whom?
- April was founded in August 2021 by Ben Borodach and Daniel Marcous.
- What is April's core offering?
- April provides an AI-based platform that simplifies US tax filing and management. It offers APIs for businesses to embed tax functionalities and AI-based simulations into their applications, aiming to personalize the tax experience and improve financial well-being.
- What was a key development for April in June 2022?
- In June 2022, April raised a Series A funding round. This funding followed a successful tax season where its platform was used by financial institutions to assist thousands of American taxpayers.
- What was a significant milestone for April in January 2022?
- In January 2022, April launched its operations after raising a Seed round led by Team8. The company introduced its AI-powered tax platform designed to streamline tax preparation and integrate with financial institutions.