Filed raises $17M to automate the drudgery of tax prep

Innovation is heating up the finance world as startup Filed, backed by major investors including Northzone, Day One Ventures, and Neo, secures $17.2 million to revolutionize tax processing through AI-driven automation. Unlike traditional tools like Black Ore or Basis, Filed's tailored AI solutions are designed specifically for tax workflows, offering a more efficient solution that integrates seamlessly with existing systems while keeping complex tasks in the human realm. Co-founder Leroy Kerry, who previously founded a successful startup before moving to the U.S., brings valuable experience to guide his efforts in enhancing client collaboration and document management within the tax field.