FlyFin, a San Jose, CA-based first A.I.-powered tax engine that combines the human expertise of CPAs to deliver a cutting-edge, mobile-first solution for individual and self-employed tax preparation and filings, announce that it raised a total of $8 Million in Seed and pre-Series A round.

The round was led by Accel Partners, with Falcon Edge participating. The company will use the funds to accelerate its growth and enhance product development.

Company: FlyFin AI

Raised: $8.0M

Round: Seed and pre-Series A

Funding Month: December 2021

Lead Investors: Accel Partners

Additional Investors: Falcon Edge

Company Website: https://flyfin.tax/

Software Category: A.I.-powered tax engine

About the Company: FlyFin is an A.I.-powered, SaaS platform that provides freelancers, self-employed, creator economy, or passion economy free agents with a convenient, easy-to-use, affordable answer to maximize their deductible expenses and manage their tax filings. Flynn's 'Man + Machine' approach leverages the power of A.I. to eliminate 95% of the work coupled with CPA expertise. Based in San Jose, California, FlyFin is a privately-held, venture-backed company.

Source: https://www.prnewswire.com/news-releases/flyfin-raises-8-million-in-funding-to-scale-first-ai-tax-engine-for-freelancers-and-self-employed-301440168.html