Taxnova secures £730k pre_seed funding from a16z speedrun and other investors to automate tax claims.
The company raised £730k from backers including a16z speedrun and s16vc to support its artificial intelligence tax platform.
Taxnova provides an artificial intelligence platform designed to automate research and development tax credit claims for technology companies. The system integrates with standard workplace tools to extract evidence and generate audit ready documentation.
Taxnova has secured £730k in pre_seed funding from backers including a16z speedrun and s16vc to support its automated tax credit platform. The fresh capital follows the company emerging from stealth mode and entering the a16z speedrun accelerator programme.
The London based business has developed software that connects directly to engineering tools like GitHub and Jira to extract qualifying data and compile audit ready claims. By streamlining this process, Taxnova aims to reduce administrative burdens on technical teams.
From the founder
"Taxnova AI-powered platform extracts data from your existing systems to maximize R&D tax claims without wasting engineers’ time. “75% of time is lost on data collection and we’re solving this bottleneck."
George Nichkov
CEO and co_founder at Taxnova
