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TaxScouts

The business, the turning points, and the decisions behind them.

Founded2017
Event year2024
FundingUS$12.1M
Some sections are still being researched2 / 4

Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

TaxScouts was a London-based digital tax filing company founded in 2017 by Estonians Mart Abramov and Kaupo Korv and Brit Daniel Karger, alumni of TransferWise, Skype and MarketInvoice. It offered accountant-assisted tax returns: customers submitted their information through the platform and a certified accountant prepared and filed the return — often within 24 hours in the UK — for a flat fee of £119. The company built a presence in the UK and Spain with over 150 tax accountants, offices in London, Madrid and Tallinn, and a 40-person team, holding a 4.8/5 TrustPilot rating.

02 / FAILURE REASONS

Pending assessment

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03 / EVENT HISTORY

Events in the structured record

  1. Founded

    TaxScouts is founded in London to make tax preparation effortless and affordable, inspired by Estonia's online tax system.

  2. Crowdfunding

    TaxScouts raises £2.9 million via Crowdcube, over 290% of its target, and extends its service into Spain.

  3. Acquired by Taxfix

    On July 2, 2024, German digital tax platform Taxfix acquires TaxScouts to enter the UK market; the 40-person team and leadership join Taxfix Group.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

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Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

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