Taxdoo announced $64 million Series B led by Tiger Global.

Taxdoo, a Hamburg, Germany-based SAAS developer of international VAT automation within online retail, announced completing series B financing round closed at $64 million.

The money was raised from investors led by Tiger Global, joined by previous backers Accel, Visionaries Club and 20VC

Taxdoo, founded in 2016 by Matthias Allmendinger, Roger Gothmann and Christian Königsheim developed a SAAS solution for ecommerce operators, helping automate their international VAT obligations. The tool is an automated platform for financial compliance in e-commerce, helping businesses manage VAT, financial accounting and compliance requirements. It currently works with over 1,700 marketplaces, online merchants, and enterprises, integrating with the platforms that they use in turn to sell online.

Taxdoo previously raised more than $21 million, with the bulk of it - $20.6 million - closed at the end of 2020.