Yonda Tax, a London, UK-based provider of an indirect tax automation platform for growing businesses, has raised $15 million in funding.
Investors
The round was led by Kennet Partners, with participation from NYO Capital and Portfolio Ventures.
Kennet Partners is a growth equity investment firm specializing in providing capital to rapidly expanding, founder-owned B2B SaaS and technology-enabled business services companies. Founded in 1997, the firm has offices in London, UK, and San Francisco/Foster City, California, and manages over $1.3 billion in cumulative funds.
Yonda Tax Use of Funds
The investment will support accelerated product innovation, expansion into additional industries and tax jurisdictions, and the continued enhancement of global client support services.
About Yonda Tax
Yonda Tax is an automated compliance software platform that provides a fully managed solution for global indirect tax compliance, including US Sales Tax, Global VAT (Value-Added Tax), and GST (Goods and Services Tax). The platform automates the entire compliance lifecycle—from real-time tax calculation and monitoring to registration, filing, and remittance—across multiple jurisdictions and industry verticals. With a client base spanning the US, UK, Australia, Canada, and Singapore, Yonda serves a diverse range of customers, from eCommerce sellers on platforms such as Shopify to fast-growing SaaS and AI companies.
Funding Details
Company: Yonda Tax
Raised: $15M / £11.0M
Round: Unknown
Funding Date: December 2025
Lead Investor: Kennet Partners
Additional Investors: NYO Capital, Portfolio Ventures
Company Website: https://www.yondatax.com
Software Category: Global Tax Compliance Automation / Fintech
Source: https://www.yondatax.com/blog/yonda-tax-secures-15-million-in-funding-to-accelerate-innovation-in-global-indirect-tax-compliance