Fifteenth, a tax solution designed to simplify complex financial reporting for tech professionals, has secured $8.25 million in seed funding. The round was led by A* and General Catalyst, with participation from SV Angel and angel investors including Swapnil Jain (Observe.AI), Ryan Eisenman (Arch), and Akash Garg (Electric Capital). The funding will accelerate the company’s mission to automate tax preparation and provide strategic guidance for founders, investors, executives, and employees with intricate financial situations.
Fifteenth’s platform offers AI-powered tax support, custom scenario modeling, and seamless integrations with enterprise platforms such as Workday and Rippling, along with fintech services like Robinhood, Wealthfront, and Carta. The company specializes in managing tax complexities related to equity (ISOs, RSUs, NSOs), liquidity events (IPOs, acquisitions), partnership income (K1s), and stock trading. Customers using Fifteenth’s services have saved between $10,000 and $20,000 on average, with some benefiting from six-figure tax reductions through optimized stock sale strategies. The service includes year-round tax advice and unlimited support, starting at $1,000 annually.
Ankur Dahiya, CEO of Fifteenth, emphasized the company’s vision of transforming tax season into a stress-free experience, eliminating the need for manual document collection and entry. A seasoned entrepreneur, Dahiya previously founded RunX, a cloud infrastructure deployment platform acquired by Rippling, and held executive roles at Rippling, Flexport, X, and Meta. Co-founder and Chief Tax Officer Laura Moreno brings extensive experience from PwC, a billion-dollar family office, and Carta, where she led tax advisory services for tech professionals.
By leveraging AI-driven automation and expert financial guidance, Fifteenth aims to redefine tax preparation for the tech industry, ensuring compliance, maximizing savings, and reducing the burden of complex tax filing.
