Instead Receives Investment from IRIS Software Group
Summary
Instead, a Miami, FL-based AI-powered tax platform provider, received an investment from IRIS Software Group. Powered by agentic and generative AI, the platform aims to automate over 90% of the tax preparation process. The company is now rapidly expanding its reach, actively securing authorization across all U.S. states and major U.S. cities to offer truly nationwide filing. As part of the agreement, IRIS and Instead will work closely to foster innovation, exchange insights, and apply AI-driven solutions to real customer challenges. By combining deep domain expertise and complementary capabilities, the partnership creates a foundation to accelerate product development, challenge conventional thinking, and drive advancement across the tax and accounting ecosystem.