Fundraising Fox

Taxfix

Unicorn · $1B

Berlin, DE · Founded 2016 · 380 employees on LinkedIn · 9 known investors

Find your way into Taxfix

214 people in our graph share verified history with the Taxfix team — schools, employers, funds. One of them is your warm intro.

Anshul Ruparellunlockedknows Mathis Büchi · together at The University of Hong Kong
×4knows the team · via Korea University
×6knows the team · via The University of Hong Kong
knows the team · via Taxfix

Taxfix offers a mobile and web app that guides individuals through their tax returns via a question-and-answer flow and submits them to German tax authorities through the official ELSTER interface. It serves employees, students, retirees, parents, landlords, and small-business owners in Germany, and also offers an expert service where independent tax advisors prepare the return.

Also known as Taxfix SE

Founders & leadership

Taxfix was founded in 2016 by Lino Teuteberg and Mathis Büchi.

LTLino Teuteberg
Lino TeuteberginFounderFounder of Taxfix, a mobile and web app that guides individuals in Germany through their tax returns and submits them to the tax authorities via the official ELSTER interface.
MBMathis Büchi
Mathis BüchiinCo-Founder & ChairmanSwiss serial entrepreneur (also Smallpdf / Genova); co-founded Taxfix in 2016 and later became chairman.
MOMartin Ott
Martin OttinFounder

Investors · 9

Also in the syndicate · 3

Ontario Teachers’ Pension Plan BoardTeachers' Venture Growth (Ontario Teachers' Pension Plan Board)leadTeachers’ Venture Growth of Ontario Teachers’ Pension Plan Board

Funding

SEC filings, press & company announcements

$220M disclosed across 1 of 5 rounds · 2019–2023

Source: company announcements and press reports — follow each round's link for the claim.

Valuation · disclosed

Disclosed events
$1Bvaluation at Series DApr 2022
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Taxfix operates a mobile and web application that lets private individuals prepare and submit income tax returns without prior tax knowledge. Instead of forms, the product uses an interview flow: an algorithm selects roughly 70 personalized questions from a pool of about 3,000, skipping topics that do not apply to the user, and users can scan their wage tax statement (Lohnsteuerbescheinigung) to pre-fill data. A calculator shows the estimated refund before submission, and completed returns are transmitted electronically to the responsible tax office through the official ELSTER interface of the German tax administration. Documents can be stored and categorized in the app.

The service is offered in tiers. "Start" is free and calculates a non-binding refund estimate; "Basic" is a self-service filing option priced from EUR 39.99 (EUR 59.99 for joint assessment); and "Expert" connects the user with an independent tax adviser who prepares the return, priced at 20% of the refund with a minimum of EUR 99.99, and extends the German filing deadline (from 31 July 2026 to 1 March 2027 for the relevant year). Supported cases include employees, families, students, pensioners, landlords without VAT obligations and small-business owners under the Kleinunternehmer rule; the company has more recently added a version for self-employed and VAT-registered users including VAT pre-registration. Cases such as civil-servant pensions, forestry and agricultural income, full-year residence abroad, dual residence and foreign income are listed as not supported.

Taxfix was founded in Berlin in 2016 by Mathis Büchi and Lino Teuteberg, who had previously built the document software company SmallPDF. The company employs tax experts, developers, lawyers and IT security specialists, and by 2022 had more than 500 employees working in Berlin and Madrid. Martin Ott is CEO. Country sites exist for Germany, the UK, Spain and Italy.

Founding story

Mathis Büchi and Lino Teuteberg, Swiss repeat entrepreneurs who had previously bootstrapped the document software company SmallPDF into profitability, founded Taxfix in Berlin in 2016. Living in Germany, they observed that the average taxpayer is entitled to roughly EUR 1,000 back at the end of the financial year, yet more than seven million eligible employees do not file a return, forfeiting billions of euros in unclaimed refunds each year. They framed the taxpayer's options as paying an accountant hundreds of euros, spending hours navigating hundreds of form fields and legal terminology, or skipping the filing entirely, and built an app-based alternative aimed at people who were deterred by the complexity or anxiety of the process.

Business model

Taxfix sells direct-to-consumer tax filing software on a paid basis, complemented by a marketplace-style service that routes users to independent tax advisers who prepare the return for them.

Downloading the app and calculating an estimated refund are free. Self-service filing is charged as a flat fee from EUR 39.99 (EUR 59.99 for joint assessment), described on the website as a subscription; the earlier fee was EUR 34.99 and was waived when the expected refund was below EUR 50. The Expert service, in which an independent tax adviser prepares the return, costs 20% of the tax refund with a minimum of EUR 99.99.

Traction

More than 10 million tax returns have been submitted through Taxfix, with cumulative refunds of over EUR 5 billion; the company had reached EUR 270 million in refunds by April 2020 and EUR 1 billion by October 2021. Revenue more than tripled in the twelve months to April 2020 and doubled year-on-year in the first quarter of 2022. Its iOS app holds a 4.8 rating from about 270,711 ratings in Germany; more than 40,000 five-star reviews across Apple and Google Play were reported in 2020. Headcount exceeded 500 in 2022 after more than 100 hires in the first quarter of that year.

Latest developments

Taxfix has extended its platform to self-employed users, covering both small-business (Kleinunternehmer) and VAT-liable cases including VAT pre-registration, with guided workflows and pre-submission checks. It promotes the Expert service as extending the filing deadline to 1 March 2027, and reports surpassing 10 million submitted returns and EUR 5 billion in refunds.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Described by its investor Index Ventures in 2020 and 2022 as Europe's leading mobile tax app, with millions of downloads across Germany, Italy and Spain. The 2022 Series D took the company to a valuation above $1 billion. In Germany the app has ranked #44 in the App Store Finance category. Taxfix positions itself against the free government ELSTER portal by emphasizing guided, plain-language input and adviser access.

Taxfix contrasts its offering with the free official ELSTER portal on the basis of a fully digital end-to-end process, plain-language questions instead of tax terminology, document storage and categorization, prompts for deductions, rapid matching to an independent tax expert, expert chat after submission, and automatic status updates. Its TaxML language for encoding tax rules and the option to switch between self-filing and adviser-prepared filing within one product are further distinguishing elements.

Technology

The product is built around an interview engine that selects roughly 70 tailored questions from a pool of about 3,000 based on the user's answers, cutting average filing time from several hours to about 22 minutes. Wage tax statements can be scanned to auto-fill data. Taxfix developed a bespoke programming language called TaxML that lets accountants encode tax law into the app without a programmer, allowing the company to absorb legal changes and enter new geographies faster. Returns are transmitted electronically via the official ELSTER interface, and the company cites encryption and secure transmission for user data.

Go-to-market

Distribution is through consumer app stores (iOS and Android) and the web, supported by a free entry tier that shows an estimated refund before payment, customer reviews and referral-driven word of mouth; the company states over 90% of customers would recommend it. A self-service support knowledge base covers filing, the expert service, technical problems and tax assessments.

Private individuals in Germany filing income tax returns: employees, families, students, pensioners, landlords without VAT obligations, and small-business owners under the Kleinunternehmer rule, plus, more recently, self-employed and VAT-registered traders. The company has also targeted employees who lived part of the year in Germany and part abroad, and notes that 65% of early users had never filed a tax return before.

Geography

Headquartered in Berlin, Germany (Taxfix SE, Köpenicker Str. 122, 10179 Berlin), with a software development office in Spain and staff in Madrid. Consumer sites are offered for Germany, the United Kingdom, Spain and Italy.

History

Founded in Berlin in 2016, Taxfix launched its app around late 2017 and by April 2020 had helped users collect EUR 270 million in refunds, with a team of more than 200 and a software development office in Spain. A $65 million Series C led by Index Ventures followed in April 2020, twice the size of the Series B raised twelve months earlier. In October 2021 the company passed EUR 1 billion in cumulative refunds returned to users. In April 2022 it raised a $220 million Series D led by Teachers' Venture Growth at a valuation above $1 billion, having expanded into Spain, launched a pensioner-specific service and an "Instant Refund" feature, and grown past 500 employees. The company subsequently extended its platform to self-employed and VAT-liable users and reports more than 10 million tax returns filed to date.

Risks & controversies

Taxfix states that none of its services constitute tax advice, and that the app does not represent a government body or provide government services. Refund estimates shown in the free tier are explicitly non-binding. Several categories of taxpayer, including civil-servant pensioners, agricultural and forestry income earners, people resident abroad year-round or in two countries, and those with foreign income, are not supported. The paid product competes with the tax authority's free ELSTER portal.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
App Store rank, Finance category (Germany)Jan 202544 rank
Average filing timeApr 202022 minutes
Average refund per user in GermanyJan 20251,240 EUR
Cumulative tax refunds collected for usersApr 2020270,000,000 EUR
Cumulative tax refunds returned to usersJan 20255,000,000,000 EUR
Customers who would recommend TaxfixJan 202590%
Daily refunds processedApr 20202,000,000 EUR per day
EmployeesApr 2022500 people
Expert service priceJan 202520% of the tax refund, minimum EUR 99.99
Five-star reviews across Apple App Store and Google PlayApr 202040,000 reviews
IOS App Store rating (Germany)Jan 20254.8 out of 5
IOS App Store ratings count (Germany)Jan 2025270,711 ratings
Self-service filing price (Basic)Jan 202540 EUR
Tax returns submitted (cumulative)Jan 202510,000,000 returns

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

5 people who came through Taxfix went on to found or lead other companies.

Timeline · 6

launches, deals, and filings
Jan 2025
Taxfix launches offering for self-employed users

Taxfix extended its platform to self-employed and VAT-liable users as well as small-business owners under the Kleinunternehmer rule, including VAT pre-registration, guided workflows and checks before submission.

source ↗

Apr 2022
Taxfix raises $220M Series D at over $1B valuation

Taxfix announced a $220 million Series D led by Teachers' Venture Growth, part of the Ontario Teachers' Pension Plan Board, with participation from Index Ventures, Valar Ventures, Creandum and Redalpine, valuing the company at over $1 billion. Avid Larizadeh Duggan, Managing Director EMEA of TVG, joined the Taxfix board.

$220M source ↗

Apr 2022
Launch of Instant Refund and a pensioner-specific service

Taxfix introduced "Instant Refund", a free service paying out half of a user's tax refund within one business day of filing, and launched a dedicated version of its service for pensioners.

source ↗

Jan 2022
Expansion into Spain

Taxfix entered the Spanish market, adding to its presence in Germany and Italy, with employees working in Berlin and Madrid.

source ↗

Oct 2021
EUR 1 billion in cumulative tax refunds returned to users

Taxfix reported passing the milestone of more than one billion euros in tax refunds returned to its users.

source ↗

Apr 2020
Taxfix raises $65M Series C led by Index Ventures

Index Ventures led a $65 million Series C with existing investors Valar Ventures, Creandum and Redalpine participating; partner Neil Rimer joined the board. Proceeds were earmarked to grow the 200-person team by another 100 people and expand into new countries.

$65M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Taxfix do?
Berlin-based Taxfix runs a mobile and web tax-filing app that guides consumers through returns via simple questions.
Who founded Taxfix?
Taxfix was founded by Lino Teuteberg, Mathis Büchi in 2016.
Who are Taxfix's investors?
Taxfix's investors include PICUS CAPITAL, Valar Ventures Llc, Creandum, Index Ventures, redalpine, Teachers' Venture Growth.
How much funding has Taxfix raised?
Taxfix has disclosed $220M raised across 1 of its 5 known rounds.
Where is Taxfix headquartered?
Taxfix is headquartered in Berlin, DE.