Taxdoo: Lands $64m in Series B funding
- Taxdoo has closed a $64 million Series B funding round
- The round was led by Tiger Global with participation from existing investors Accel, Visionaries Club, and 20VC.
- It comes 11 months after its $21 million Series A and takes the firm’s total funding to date to $85 million
- After Brexit became a reality and fundamentally changed the VAT treatment of e-commerce transactions in the UK
- The company says the latest round of funding will go towards building out its financial operating system for e-commerce
- The cash will also be used to fuel the company’s expansion into other international markets, Koenigsheim adds
