Filed, a Stockholm and New York-based startup developing AI tools for tax professionals, has raised $17.2 million across pre-seed and seed rounds. Investors include Northzone, Neo, The Raine Group, Day One Ventures, J Ventures, Greens Ventures, along with several angel backers. The company offers software that automates core tasks in tax preparation—such as organizing documents, validating returns, and identifying anomalies—while integrating with major tax platforms like CCH Axcess and UltraTax. After a four-month deployment during which firms used Filed to process tens of thousands of returns, the company reports reductions in turnaround time and review cycles. The new funding will support product development to cover the full tax return lifecycle, including audit readiness and client collaboration tools.
Filed, formerly Numiro, is a software company that develops AI-powered tools for tax preparation firms. Its platform automates repetitive tasks such as document organization, return validation, and anomaly detection, and integrates with widely used tax software systems including CCH Axcess, UltraTax, Lacerte, and Drake. Designed to align with existing workflows, Filed’s technology is used by accounting firms both onshore and offshore to improve process efficiency.
Founded by Leroy Kerry (formerly of Juni) and Atul Ramachadran (formerly of McKinsey and PayPal) with a team from Spotify, VISA, KPMG, and Deloitte, Filed was created in response to persistent capacity and staffing issues within the accounting industry. After spending time embedded with tax firms in both the U.S. and India, the team identified a widespread need for labor-saving automation that fits within the existing operational structure of firms. Rather than attempting to overhaul how firms work, Filed’s software is designed to mirror current workflows while automating key tasks.
Filed’s platform handles time-consuming aspects of tax preparation such as document intake, validation, and anomaly detection using firm-specific logic. It integrates directly with industry-standard tax software, helping firms reduce turnaround times and review cycles without additional hiring. According to the company, some users reported turnaround reductions from one week to overnight and efficiency gains of up to 50% in review processes.
With the new funding, Filed plans to expand its product suite to cover the full return lifecycle, including document management, client communication, and audit support. The company positions itself not as a replacement for human accountants, but as a tool to help existing teams operate more efficiently in a field where staffing shortages and outdated systems remain persistent challenges.
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Read the orginal article: https://arcticstartup.com/filed-raises-17-2m/
