Neo.Tax

Neo.Tax

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Uncovers tax credits to get startups 10% of their engineering costs back. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$40—60m (Dealroom.co estimates Feb 2022.)
San Jose California (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023
Revenues0000000000000000
% growth-650 %133 %-
EBITDA0000000000000000
Profit0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000
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DateInvestorsAmountRound
-investor investor investor investor investor

$0.0

round
N/A

$0.0

round
investor investor investor

$0.0

round
investor

$0.0

round
*

$10.0m

Series A
Total Funding000k

Recent News about Neo.Tax

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More about Neo.Taxinfo icon
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Neo.Tax is a startup that specializes in helping businesses claim Research and Development (R&D) tax credits. These credits are a form of tax relief provided by the government to encourage companies to invest in innovation. Neo.Tax primarily serves small to mid-sized businesses, particularly those that are engaged in innovative activities but may lack the resources or expertise to navigate the complex tax credit application process.

Operating in the financial services market, Neo.Tax offers a streamlined, user-friendly platform that simplifies the process of claiming R&D tax credits. The company provides detailed guidance and support, ensuring that businesses can maximize their eligible credits. This is particularly valuable as many companies are unaware of the full extent of the credits they can claim or are deterred by the complexity of the application process.

Neo.Tax's business model is based on a combination of service fees and a success-based fee structure. This means that they charge clients a fee for using their platform and services, but a significant portion of their revenue comes from a percentage of the tax credits successfully claimed on behalf of their clients. This model aligns Neo.Tax's incentives with those of their clients, as the company only makes money when their clients successfully claim their R&D tax credits.

The startup operates in a niche yet crucial segment of the financial services market, providing a valuable service that can result in substantial tax savings for businesses. By focusing on R&D tax credits, Neo.Tax addresses a specific pain point for innovative companies, helping them to reinvest savings into further innovation and growth.

In summary, Neo.Tax is a specialized financial services provider that helps small to mid-sized businesses claim R&D tax credits, operating on a service and success-based fee model. They simplify a complex process, enabling companies to maximize their tax savings and reinvest in innovation.

Keywords: R&D tax credits, financial services, small businesses, innovation, tax relief, platform, service fees, success-based fees, tax savings, business growth.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.