Neo.Tax Raises $10M in Series A Funding

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Summary

Neo.Tax, a Mountain View, CA-based provider of a platform to automate taxes for startups and small businesses, raised $10M in Series A funding. The round was led by Infinity Ventures with participation from Google Ventures, Acrew Capital, Fin Venture Capital, Uncork Capital, Floodgate, Liquid 2 Ventures, and Lux Capital. The company intends to use the funds to grow the product, data and engineering teams. Neo.Tax provides a tax software platform for businesses. Their first product simplifies the complex process of applying for the IRS R&D Tax Credit.

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