TaxDown secured €700k in angel investment.
TaxDown, a Madrid, Spain-based developing a tax management solution, secured a €700k ($755k) capital investment round.
The money was provided by a range of angel investors, including Vladimir Ristanovic, James Argalas and Baldomero Falcones. Existing investors include Abac Nest investment vehicle and Jobandtalent's founders, Juan Urdiales and Felipe Navío.
TaxDown, founded in 2018 by Enrique García Moreno, Álvaro Falcones and Joaquín Fernández, developed a digital tool for tax advice and management, facilitating the understanding of tax rights and obligations, as well as a professional analysis of the taxpayer's tax situation.
Prior to this round, TaxDown raised €200k in 2019.