The seed round was led by Cavalry Ventures with participation from Seedcamp, Mustard Seed Maze, and Amaranthine.
"Most fast-scaling companies turn to the Big Four accounting firms to outsource the handling of accelerating international tax complexity, denying themselves the opportunity to empower their internal functions and capture strategic tax data value. Loc.tax provides a collaborative platform that makes tax teams in hyper-growth mode stay on top of the ever-changing international tax, risk and compliance workloads, while enabling transparency with internal and externalstakeholders, including auditors and tax authorities. We are delighted to have the support of well-respected investors on our mission."
The funding round was led by MadaLuxe Group and will be used to support team expansion and new technology launches.
"By now, the entire fashion industry is well aware that sustainability is both a societal and business imperative. We’re confident that our investment in Reflaunt will deliver a significant positive impact not only financially, but also culturally and socially."
The capital will be used to expand the team, build out content, and launch a new multibook platform.
"Whether you want to become a better leader, better sleeper or reduce your anxiety, we all want to improve our lives. However we discovered the self-development market fails to deliver, not because the advice isn't good, but because information isn't enough. Our platform enables us to deliver interactive practices through mobile, so people can access tools to help them the moment they need them, whatever the situation. We have been thrilled with the support we have received from investors and some of the biggest self-development authors in the world as we look to scale our offering."
