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Loctax's mission is to help companies to achieve full control of compliance, projects, audits, transfer pricing, and all other tax responsibilities.
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For many internal accounting teams, managing international tax, risk, and compliance needs can be challenging and frustrating. Loctax solves this problem with its collaborative tax management platform.
Loctax specifically targets accounting teams at large-scale, multinational companies. These enterprises have to juggle countless compliance and tax measures, which they usually farm out to big accounting firms. This can be expensive and lacking in transparency. By providing a clearer, more effective in-house alternative, Loctax has built an impressive customer base.
Loctax now serves customers such as Luxottica and Trainline. This is testament to the startup's impressive impact, and its ability to appeal to big-name clients. This success is likely to draw an increasing number of large businesses to Loctax's platform, which will be vital to its ongoing growth.
Kirsty
Company Specialist at Welcome to the Jungle
Sep 2022
$12m
SERIES A
Feb 2021
$3.6m
SEED
This company has top investors
Stevi Frooninckx
(CEO)Was a Tax Advisor at AVEVE for over 3 years, before joining Avnet as an EMEA Tax Manager. Served as Group Tax Project Manager at SCR-SIBELCO.
Bart Van Remortele
(CTO)Was a Full-stack Developer at Sket.io, before founding Tribeforce in 2014. Also co-founded Ludimos, and is the owner of findamaker.io.