London-based Yonda Tax lands €12 million to scale operations and extend coverage across new tax jurisdictions

Yonda Tax, a British tax obligation automation system aiding organizations remain certified throughout boundaries, today reveals its very first institutional financing round, bringing overall financial investment to EUR12 million ($ 15 million).

The round was led by Kennet Allies, with engagement from NYO Funding and Profile Ventures. The financing will certainly be utilized to improve system functions and capability, and to sustain its development right into brand-new sectors and tax obligation territories.

Gareth Kobrin, founder of Yonda Tax obligation, claims: “ We began Yonda after seeing creators do whatever right, yet still obtain floundered by the problem of global tax obligation. So we developed Yonda as the companion we desire they would certainly constantly had, leveraging years of book-keeping knowledge to develop an individual, extremely exact innovation that takes tax obligation off their plate so they can concentrate on structure.”

In 2025, EU-Startups reported a number of financing rounds in the tax obligation, bookkeeping and compliance-automation landscape that offer context for Yonda Tax obligation’s brand-new institutional raising.

Spain’s TaxDown protected EUR4 million to broaden its AI-driven tax-return system, while Germany saw several early-stage advancements: AnyTax increased EUR1 million to modernise ingrained tax obligation facilities; Steuerboard obtained EUR725k to automate operations for tax obligation consultants; and Integral raised its overall financing to EUR12 million while increasing its bookkeeping, pay-roll and tax-automation capacities with procurement. Munich-based Kabilio included a more EUR4 million to create its AI-enabled bookkeeping and tax obligation devices.

With each other, these rounds stand for about EUR21.7 million in sector-adjacent financial investment, mirroring consistent– though not pumped up– passion in devices that simplify tax obligation and conformity features for SMEs and electronic organizations. Versus this background, Yonda Tax obligation’s EUR12 million raising attracts attention as one of the bigger 2025 allotments particularly concentrated on cross-border indirect-tax automation, placing the UK business plainly within Europe’s developing tax-tech landscape.

” After years of bootstrapping, collaborating with Kennet has actually been an all-natural fit from the beginning and confirms all the effort we have actually attained. We are unbelievably thrilled to be able to sustain a lot more of the globe’s most appealing young business,” includes Kobrin

As organizations range past their home markets, Yonda Tax obligation describes that handling indirect tax obligations such as barrel, GST, and Sales Tax obligation turns into one of their most intricate and taxing functional difficulties.

Every territory has its very own declaring needs and due dates, which typically transform with little notification. Furthermore, tax obligation authorities worldwide are escalating their examination of cross-border conformity, which is why Yonda Tax obligation automates worldwide tax obligation conformity, intending to make certain organizations continue to be completely certified as they broaden throughout boundaries.

Established In 2022, Yonda Tax obligation automates worldwide tax obligation conformity from enrollment to declaring and compensation to make sure that organizations can concentrate on scaling. Incorporating over a years of tax obligation knowledge with automation, Yonda is relied on by over 350 customers worldwide.

Hillel Zidel, Handling Supervisor of Kennet Allies claims: “ Yonda Tax obligation is an extremely appealing organization, incorporating a clear market demand with a skilled group and an item that resolves an intricate worldwide obstacle.

” Unlike several rivals that take a ‘technology very first’ method, Yonda settings itself as a ‘tax-first, tech-second’ business, an authentic companion instead of a cool SaaS item. That mix types precision and count on that attracts attention in this room, and it’s why we are pleased to be their very first institutional capitalist and to sustain their following phase of worldwide development“

Yonda Tax obligation has actually expanded over 100% YoY, and head count has greater than folded the previous year as it increases around the world, highlighting solid market need for exact, customised tax obligation assistance for development organizations.

Around 60% of customers are based in the United States, with expanding consumer bases in the UK, Australia, Canada, and Singapore. The system offers a large range of customers, from eCommerce brand names offering with Shopify and various other systems, to high-growth SaaS and AI business.

Yonda Tax obligation seeks to separate itself with its subscription-based rates design. Unlike several rivals that bill variable costs based upon purchase quantity or call for yearly agreements that scale with business development, Yonda uses a set month-to-month cost based upon the variety of areas a customer documents in.

The blog post London-based Yonda Tax lands €12 million to scale operations and extend coverage across new tax jurisdictions showed up initially on EU-Startups.