Declarando Asesores 3.0, SL

Based in Spain, Declarando Asesores 3. 0, SL specializes in online fiscal advisory software for self-employed individuals, providing tools for efficient financial management and tax compliance. Declarando Asesores 3. 0, SL offers an online fiscal advisory software tailored for self-employed individuals in Spain.

The company was founded in 2016 and is headquartered in Madrid, Spain. Key figures include founders Juanjo Radiu, Marta Faucón, and Vicente S. The company has successfully completed 3 deals, with the most recent deal occurring on April 20, 2022, during their Seed funding round, which raised EUR 2. 20 mn led by JME Ventures, alongside investors Banco Sabadell, Bankinter Capital Riesgo, and ESC Venture Capital.

Total funding raised by the company amounts to EUR 2. 20 mn. Declarando offers an online fiscal advisory software specifically designed for self-employed individuals (autónomos) in Spain. The core product enables users to automate the management of their financial records, including income and expenses, while providing real-time assistance in tax planning and compliance.

The software assists users in maximizing their tax deductions by tracking all eligible expenses, such as the costs of utilities, transportation, and supplies associated with their business activities. Additionally, Declarando provides a mentorship service wherein fiscal experts guide users through complex tax regulations, ensuring that they not only comply with legal requirements but also optimize their tax liabilities. The primary clientele includes freelancers, digital entrepreneurs, and small business owners across Spain, who benefit from a streamlined, user-friendly platform to manage their fiscal responsibilities efficiently. Declarando's revenue model primarily revolves around subscription-based services, where clients pay for access to the software and related advisory services.

For the most recent year reported, 2020, the company generated revenue of EUR 932,642. 60 with an EBITDA of EUR -1,157,139. 80. Users engage with the platform on a monthly or annual basis, allowing them to submit their tax declarations with just a couple of clicks.

The service includes the preparation and submission of various tax models and ongoing support from fiscal mentors. By offering integrated features such as electronic invoicing and tax optimization recommendations, Declarando positions itself as a comprehensive solution for self-employed individuals. Declarando Asesores 3. 0, SL plans to leverage the capital raised during their Seed funding round in April 2022 for new product development and market expansion.

The funding will support the design and launch of enhanced features for the existing software, aimed at improving user experience and increasing client engagement. The company is also exploring expansion into other European markets, targeting countries such as Portugal and Italy by the end of 2023. The investment from Visma Group Holding AS, which acquired a majority stake in the company, indicates a strategic direction to strengthen their market presence and expand their service offerings.