Fifteenth Secures $8.25M Seed Funding to Simplify Tech Taxes
Fifteenth, an innovative tax solution designed to meet the distinct needs of founders, investors, executives, and tech professionals with complex financial situations, has announced that it has successfully raised $8.25 million in seed funding. The funding round was led by A* and General Catalyst, with additional participation from SV Angel and notable angel investors such as Swapnil Jain (Co-Founder and CEO of Observe.AI), Ryan Eisenman (Co-Founder and CEO at Arch), and Akash Garg (Advisor at Electric Capital).
With its cutting-edge tax strategies, Fifteenth has already helped employees from leading tech companies like Nvidia, Rippling, and Figma save between $10,000 and $20,000 on average. In some cases, custom scenario modeling for strategic sales of stock options has resulted in savings of up to $100,000. These figures highlight Fifteenth’s ability to navigate the intricate tax landscapes surrounding equity compensation, liquidity events, partnership income, and other sophisticated financial scenarios.
A Game-Changer for Complex Tax Situations
Fifteenth is on a mission to simplify April 15th—the U.S. tax filing deadline—for professionals dealing with intricate financial reporting requirements. The company provides end-to-end tax support, leveraging artificial intelligence (AI), customized scenario modeling, and seamless integrations with enterprise platforms like Workday and Rippling, as well as fintech services such as Robinhood, Wealthfront, and Carta.
By offering proactive, year-round tax assistance, Fifteenth Taxes ensures that its clients stay ahead of their tax obligations with unlimited, always-on support. Starting at an accessible price of $1,000 per year, the company aims to democratize high-level tax planning, making it more efficient and stress-free for tech professionals.
“With Fifteenth, April 15th is just another day—no stress, no chaos,” said Ankur Dahiya, CEO of Fifteenth. “Gone are the days of scrambling to find, enter, re-enter, and distribute piles of financial documents. We created Fifteenth to combine top-tier tax support with AI-driven solutions for tech professionals, and this seed funding is a key step in scaling the future of tax preparation.”
The Visionary Leaders Behind Fifteenth
Fifteenth is the brainchild of Ankur Dahiya and Laura Moreno, two accomplished professionals with extensive experience in the tech and finance sectors.
Ankur Dahiya, the CEO, is a second-time founder with a strong technical background and an impressive track record in leadership roles at Rippling, Flexport, X (formerly Google X), and Meta. His first company, RunX, specialized in simplifying cloud infrastructure deployment for developers and was ultimately acquired by Rippling. Through his experience, Dahiya recognized a critical gap in the tax preparation market for high-earning tech professionals, which led to the creation of Fifteenth.
Laura Moreno, Fifteenth’s Co-Founder and Chief Tax Officer, brings an extensive background in handling complex tax scenarios for high-net-worth individuals and tech Taxes professionals. Before joining Fifteenth, she held leadership positions at PwC, a billion-dollar family office, and Carta, where she built and led the tax advisory team. Her deep expertise in tax strategy ensures that Fifteenth’s clients receive world-class financial guidance tailored to their unique needs.
Key Features and Benefits of Fifteenth’s Services
Fifteenth offers an array of services designed to simplify tax preparation and maximize financial efficiency for its clients. Some of its standout features include:
- Unlimited Tax Expertise: Clients receive proactive, year-round tax planning from certified public accountants (CPAs) with experience at prestigious firms like Andersen and Apercen.
- Tailored Tax Strategies: Fifteenth provides customized scenario modeling to optimize equity compensation (RSUs, ISOs, NSOs) and liquidity events, including tenders, secondary sales, and IPOs.
- AI-Powered Document Vault: The platform integrates a sophisticated document vault that helps users organize and locate critical financial information effortlessly.
- Seamless Integrations: One-click connections with leading Funding financial platforms such as Workday, Rippling, Robinhood, Wealthfront, Carta, Charles Schwab, AngelList, Coinbase, and others streamline tax preparation and reporting.
- Flat-Fee Pricing: Clients benefit from transparent, flat-fee pricing starting at $1,000 per year, ensuring there are no hidden costs or unexpected charges.
Addressing a Long-Overdue Pain Point in Tax Preparation
Traditional tax preparation methods have remained largely unchanged for decades, often requiring tedious manual data entry, back-and-forth email exchanges with CPAs, and reliance on outdated systems. This outdated approach has proven to be inefficient, particularly for tech professionals dealing with multiple income streams, stock options, and other complex financial instruments.
Gautam Gupta, Co-Founder and General Partner at A* and a satisfied Fifteenth customer, expressed his enthusiasm for the company’s approach. “Fifteenth is Funding redefining the tax preparation Funding landscape by combining cutting-edge AI technology with a deep Funding understanding of complex financial needs,” Gupta said. “The process of working with a CPA has remained largely unchanged for decades—dominated by Funding email, manual data entry, and a lack of modern technology. Fifteenth’s unique blend of tax expertise and technical innovation addresses this long-overdue pain point, and we’re thrilled to partner as they redefine the tax experience for the modern professional.”
The Future of Tax Solutions for Tech Professionals
With this substantial seed funding, Fifteenth is poised to expand its reach and further refine its AI-driven tax platform. The company plans to invest in research and development to enhance its automation capabilities, strengthen its integration ecosystem, and improve the overall client experience.
As more tech professionals seek efficient and reliable tax solutions, Fifteenth is well-positioned to become the go-to provider for founders, investors, Funding and executives navigating complex financial landscapes. By leveraging AI, automation, and expert tax guidance, the company is setting a new standard in tax preparation—one that eliminates stress, enhances financial efficiency, and ultimately helps clients retain more of their hard-earned wealth.
