TaxDrop

TaxDrop

Early Stage

Your taxes, right to a CPA from your phone

Your taxes, right to a CPA from your phone

Overview

Raised to Date: Raised: $69,850

Platform

Republic

Start Date

08/24/2017

Close Date

10/31/2017

Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Year Founded

2017

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Location

Robbinsville, New Jersey

TaxDrop, with a valuation of $8 million, is raising funds on Republic. The company has developed an app that connects users to licensed CPAs who prepare their tax returns. TaxDrop enables users to click pictures of their tax documents and upload them for CPAs to receive them and file the returns. The company is led by an experienced team and was selected by TechCrunch Disrupt NYC 2017. Alice Cheng founded TaxDrop in July 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.07 million. The campaign proceeds will be used for marketing, research and development, future wages, and working capital.

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-32,827

$0

Summary Balance Sheet

FY 2016 FY 2015

Cash

$2,275

$0

Accounts Receivable

$0

$0

Total Assets

$4,903

$0

Short-Term Debt

$11,222

$0

Long-Term Debt

$0

$0

Total Liabilities

$11,222

$0

Financials as of: 08/24/2017
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TaxDrop on Republic 2017
Platform: Republic
Security Type: SAFE

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Warning: according to the close date for this deal, TaxDrop may no longer be accepting investments.

TaxDrop Deal Report

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