Velotax delivers a software platform that automates tax calculations and streamlines the preparation and filing of annual income tax returns for its users. Targeted at individuals and small businesses in Brazil, the solution reduces complexity and potential errors inherent in the country’s tax system. By digitizing and simplifying compliance, Velotax aims to save time and lower costs for taxpayers while improving accuracy. The company positions itself as a technology-driven alternative to manual or accountant-led filings. Although no detailed operating metrics such as revenue or user counts were disclosed, the successful Series A indicates growing market traction and investor confidence. Velotax plans to use the new capital to enhance its product capabilities and scale its customer base across Brazil.

Total raised

$23M

Funding rounds

1

Latest round

Series A

Latest activity

Oct 2025