30-Second Reading Summary:
Fifteenth, a tax solution for tech professionals, has raised $8.25 million in seed funding led by A* and General Catalyst. The platform automates tax preparation, offering AI-driven support and integrations with major enterprise and fintech services. Customers save an average of $10,000 to $20,000, with some achieving six-figure reductions. Founded by Ankur Dahiya and Laura Moreno, Fifteenth aims to simplify tax filing and enhance compliance for complex financial situations.
Key Words: tax solution, funding, automation, tech professionals, AI-powered
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Fifteenth, a tax solution designed to simplify complex financial reporting for tech professionals, has secured $8.25 million in seed funding. The round was led by A* and General Catalyst, with participation from SV Angel and angel investors including Swapnil Jain (Observe.AI), Ryan Eisenman (Arch), and Akash Garg (Electric Capital). The funding will accelerate the company’s mission to automate tax preparation and provide strategic guidance for founders, investors, executives, and employees with intricate financial situations.Fifteenth’s platform offers AI-powered tax support, custom scenario modeling, and seamless integrations with enterprise platforms such as Workday and Rippling, along with fintech services like Robinhood, Wealthfront, and Carta. The company specializes in managing tax complexities related to equity (ISOs, RSUs, NSOs), liquidity events (IPOs, acquisitions), partnership income (K1s), and stock trading. Customers using Fifteenth’s services have saved between $10,000 and $20,000 on average, with some benefiting from six-figure tax reductions through optimized stock sale strategies. The…
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