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Taxdone

Taxdone

Switzerland
Market: Internet and IT, Insurance, Services
Stage of the project: Idea or something is already done

Date of last change: 05.03.2020
Min investment
$  50.000
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Total required
$ 200.000
Rating
equalizer из 1000
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Idea

We help people file their taxes in 20 minutes or less. We find all the deductions.

Current Status

We are live, we have clients and we have partnerships for proof of concept with corporates.

Market

Swiss expats, freelancers, etc. mostly "delegators" who don't want to take care of their taxes but want reinsurance that it's well done.

Problem or Opportunity

Everyone hates doing their taxes, we solve this.

Solution (product or service)

Everyone hates doing their taxes... we solve this.
• Simplify tax filings: answer questions like speaking to a friend
• Save money: we prompt you to claim missed deductions
• Make it legit: we are certified by Swiss tax advisors
Our users rave about convenience, deductions and affordable tax advice

Competitors

Software from the canton and traditional accountants.

Advantages or differentiators

We are faster and cheaper than a traditional accountant.
We find more deductions than the software from the cantons.

Finance

We start at CHF 100 and our pricing varies based on the client situation.

Business model

We monetize in three ways :
• Mass customization: retail clients file their taxes with us on our app
• Affiliation: Sell access to a platform for tax advisors to find leads and save time
• Partner: with insurances and banks, to identify upsell opportunities e.g., identify offering gaps (e.g., no pillar 3a), push relevant tax efficient products (e.g., life insurance, pillar 2, etc.)

Money will be spent on

Marketing and partnerships.

Offer for investor

N.a

Team or Management

Risks

Market size: how big is the market in Switzerland?
Cost of client acquisition: can we find the right channels to market?

Incubation/Acceleration programs accomplishment

Kickstart, Zurich, Autumn 2019.

Won the competition and other awards

Not yet!

Website address

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Website address