Tax Software Company Column Tax Raises A $21.7 Million Series A
Summary
Gavin Nachbar, cofounder and CEO of Column Tax, says that they started the platform once we realized they had an idea for a real solution in regard to tax returns for people who live paycheck to paycheck struggling to make ends meet. “It became our ambition to build software to democratize access to the type of tax advice that only wealthier Americans currently have via CPAs and other services,” Nachbar says. “We decided we wanted to try and bring that level of service through software to all Americans.” Nachbar says that they believe the solution is building APIs and STK to power tax filing and year round tax products in every mobile bank, neobank, fintech or financial app to drive more efficiency and accuracy. Column Tax generates revenue is through standard API pricing where its partners pay per filing, based on volume. The two launched Column Tax in February of last year and since then, they have grown the company 11 employees.
Funding
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