Taxnova Ltd

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Taxnova Ltd - overview

Established

2025

Location

London, -, UK

Primary Industry

Software

About

Taxnova is a UK-based company specializing in automating R&D tax claims for technology firms through an AI-driven platform, dramatically enhancing efficiency and compliance while minimizing preparation time. Taxnova, founded in 2025 by founder Maria Malykh, is headquartered in London, UK, and focuses on automating the preparation of R&D tax claims for technology companies. In February 2026, Taxnova raised USD 1 million in pre-seed funding from investors Andreessen Horowitz, s16VC, and Karaoke Club. As of February 2026, the company is led by CEO George Nichkov.


Taxnova offers an AI-driven platform that automates the preparation of R&D tax claims for technology companies. The service transforms engineering and finance data into a structured, audit-defensible R&D tax report, significantly reducing the time required for claim preparation from several months to as little as two weeks. The platform integrates seamlessly with existing engineering and finance systems, such as Jira, GitHub, and various accounting software, allowing for a direct pull of evidence from tools that engineers already use. Taxnova's client base includes finance leaders, engineering managers, and technology firms that prioritize efficiency, compliance, and the quality of evidence in their tax claims.


Currently, the company operates in the UK, with plans to expand its services to the US and other international markets by 2026. Taxnova's revenue model is primarily based on a subscription framework, where clients pay for access to the platform that facilitates the automation of their R&D tax claims. The typical transaction structure involves direct partnerships with businesses, allowing finance and engineering teams to utilize Taxnova's solution as an integral part of their operational workflow. The service is designed to enhance the efficiency of R&D tax claims processing, enabling companies to capture all eligible projects and activities while minimizing administrative burdens.


While specific pricing details for the platform are not disclosed, the subscription model is structured to provide ongoing access to the software, with an emphasis on delivering a high return on investment through maximized claims and improved compliance readiness. The company will use the February 2026 funding to support its growth and further development of its R&D tax credit process.


Current Investors

Andreessen Horowitz, s16VC

Primary Industry

Software

Sub Industries

Accounting Services, Accounting/Finance Software

Website

www.taxnova.ai

Verticals

Artificial Intelligence, Cloud Computing, FinTech

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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