Fifteenth Secures $8.25M to Transform Tax Planning for Tech Professionals with Innovative AI Workflows
Fifteenth, a cutting-edge AI-driven tax solution, has recently raised $8.25 million in seed funding to cater to the complex financial needs of tech professionals, founders, investors, and executives. This innovative platform is transforming the landscape of tax preparation by providing tailored services that address the unique challenges faced by individuals with sophisticated financial portfolios.
Seed Funding Success for Fifteenth
The recent funding round for Fifteenth was spearheaded by leading firms such as A* and General Catalyst. The round also saw contributions from SV Angel and notable angel investors including:
- Swapnil Jain, Co-founder and CEO of Observe.AI
- Ryan Eisenman, Co-founder and CEO at Arch
- Akash Garg, Advisor at Electric Capital
Tailored Tax Solutions for Tech Professionals
Fifteenth specializes in delivering customized tax solutions for individuals dealing with:
- Equity compensation
- Stock trading
- Liquidity events such as IPOs and acquisitions
Employees from top tech companies, including Nvidia, Rippling, and Figma, have reportedly saved between $10,000 to $20,000 on average using Fifteenth’s advanced tax strategies, with some clients benefiting from savings of up to $100,000 through personalized scenario modeling.
Innovative AI-Powered Platform
The Fifteenth platform integrates seamlessly with popular services such as Workday, Rippling, Robinhood, Wealthfront, and Carta, offering:
- Proactive tax planning
- Unlimited year-round advisory services
Fifteenth operates on a flat-fee pricing model, starting at just $1,000 per year, making it accessible for professionals seeking comprehensive tax support.
Leadership Behind Fifteenth
The company was founded by Ankur Dahiya, a seasoned entrepreneur with a rich background at renowned organizations like Rippling, Flexport, X, and Meta. Previously, Dahiya co-founded RunX, a company focused on optimizing cloud infrastructure deployment, which was acquired by Rippling.
Co-founder and Chief Tax Officer Laura Moreno brings extensive experience in managing intricate tax situations for high-net-worth clients, having held senior roles at PwC and a billion-dollar family office.
Redefining Tax Preparation
According to CEO Ankur Dahiya, “With Fifteenth, April 15th is just another day – no stress, no chaos. We created this platform to combine top-tier tax support with AI-driven solutions for tech professionals. This seed funding is crucial for scaling the future of tax preparation.”
Gautam Gupta, Co-founder and General Partner at A*, emphasized, “Fifteenth is redefining the tax preparation landscape by merging cutting-edge AI technology with a profound understanding of complex financial needs.”
For more information on modern tax solutions, visit Fifteenth’s official website. To explore related articles on tax technology, check out Tax Technology Insights.
