Zurich/St.Gallen - The Helvetia Venture Fund has invested in Taxly, a start-up active in the emerging field of TaxTech. Its software is designed to allow users to complete and file tax returns within a matter of minutes. Taxly is now keen to expand by offering its product beyond the cantons of Zurich, Aargau, St.Gallen and Basel-Landschaft.

 

Helvetia startup investment

The Helvetia Venture Fund has invested in the Zurich-based start-up Taxly. Furthermore, Helvetia Insurance is seeking to officially agree terms on an operational partnership with the TaxTech start-up, as detailed by a press release

Founded in 2019, the start-up Taxly launched its own taxation software a year ago. This offers users a simple solution to complete and file tax returns. Up to now, the product has been available to use in the cantons of Zurich. Aargau, St.Gallen and Basel-Landschaft.

“Taxly’s radically simple yet impressive process strikes the right chord with customers”, comments Martin Tschopp, Chief Customer Officer of Helvetia Switzerland, in the press release. He adds: “Thanks to digital interfaces, the start-up also offers interesting opportunities for cooperation with partners when providing additional services”. In this respect, the insurance group has questions regarding tax and tax-optimized financing when completing real estate acquisitions in mind.

The planned product improvements from Helvetia ensures that Taxly will enjoy greater visibility in the market, according to founder and CEO Daniel Kershaw, who states that this provides “the ideal basis to achieve our ambitious targets in the coming tax period”.

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