Filed

Filed

AI-powered tax preparation platform for firms

Overview

Filed offers an AI-powered tax preparation platform for accounting firms. The system acts as a tax preparer that accelerates the preparation process by handling repetitive, real-world tax scenarios, designed to augment tax professionals rather than replace their judgment. It helps firms scale by reducing turnaround times—claims during the 2025 tax season that returns could be processed overnight rather than over a full week without additional staff. The company targets CPAs and tax professionals, focusing on leveraging technology to increase efficiency and capacity during busy tax seasons. Led by CEO Leroy Kerry, with founding CPAs Kevin Lee and Hannah Jones Gabell, Filed centers on practical, profession-driven tax workflow automation.

About Filed

Simplify's Rating
Why Filed is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Company Size

N/A

Company Stage

Seed

Total Funding

$17.2M

Headquarters

London, United Kingdom

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Filed raised $17.2 million in May 2025, led by Northzone.
  • The career page says hundreds of firms already run Filed inside existing systems.
  • OpenTax's September 25, 2026 update signals active product momentum and developer adoption.

What critics are saying

  • Intuit, CCH, and Drake already dominate tax workflows and bundle switching costs.
  • OpenTax commoditizes core calculations, shrinking Filed's pricing power by 2027.
  • Tax-season volume concentration makes one failed filing cycle an existential trust event.

What makes Filed unique

  • Filed integrates with existing tax software instead of replacing firms' core systems.
  • Filed's Open Tax Technology Alliance launched September 22, 2026 with free 1040 engine.
  • Filed built firm-specific workflows with practicing CPAs, not generic document summarization.

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Funding

Total Funding

$17.2M

Above

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$17.2M
Filed

Company News

Accounting Today
Sep 22nd, 2026
Open Tax Technology Alliance launches with free 1040 engine.

Open Tax Technology Alliance launches with free 1040 engine. Published September 22, 2026, 9:00 a.m. EDT Tax solution specialists Filed and Crimson Tree Software have teamed up to launch the Open Tax Technology Alliance, a new organization dedicated to promoting and supporting open source software in the accounting technology space. As one of the Alliance's first initiatives, it has released a free 1040 tax calculation engine anyone can use, as well as an open data standard for partnership returns that bypasses PDFs in favor of digitized information. This Q&A offers insights from a conversation with David Yue, co-founder and CEO at Accordance, on the opportunity AI presents to accountants and why... Technology Editor Chris Gaetano is the technology editor for Accounting Today. He brings with him more than a decade of experience covering the accounting profession... Read full bio

Filed
May 22nd, 2025
Filed | Filed raises $17.2M to power modern accountants

At Filed, our mission started with a single moment. An accountant couldn’t onboard my prior business because of staffing issues. That sparked a deeper question: how could we help the profession rebuild capacity without hiring sprees or sacrificing quality?

Silicon Legal Strategy
May 21st, 2025
SLS Client Neo Joins Filed's $17.2MM Round

SLS client Neo joins Filed's $17.2MM round.

TechCrunch
May 21st, 2025
Filed raises $17M to automate the drudgery of tax prep

There is a new accounting software in town, coming in with a fresh $17.2 million raise and a desire to shake things up. The company, Filed, hopes to Filed, which uses AI to complete the lifecycle of a tax return, raised $17.2 million led by Northzone.

SiliconANGLE Media
May 21st, 2025
Filed raises $17.2M for AI tax automation

AI tax startup Filed has raised $17.2 million to enhance tax return processing with AI. The funding, from seed and preseed rounds led by Northzone and others, will help Filed automate tax tasks, addressing the accounting industry's talent shortage. Filed's AI integrates with existing tax software, improving productivity by automating tasks like data entry. Clients like JCG Tax Advisory have reduced review cycles by up to 50% and increased processing capacity, aiming to expand into document management and audit preparation.

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