What is Keeper?
Keeper Tax leverages AI and machine learning to automatically connect with users' financial accounts, meticulously monitoring purchases to identify potential tax deductions and write-offs. Established in 2019 and headquartered in San Francisco, California, the platform aims to simplify financial planning for the burgeoning creator and gig economies by offering automated identification of eligible expenses. This innovative approach addresses a critical need for accessible and intelligent financial management tools in a rapidly evolving employment landscape.
How much funding has Keeper raised?
Keeper has raised a total of $13M across 1 funding round:
Series A
$13M
Series A (2021): $13M with participation from Jeff Seibert, Matrix Partners, Foundation Capital, e.ventures, Ilya Volodarsky, and Jack Altman
Key Investors in Keeper
Matrix Partners
Matrix Partners, a venture capital firm founded in 1977, specializes in investments across software, services, communications, semiconductors, storage, internet, and wireless sectors. Their involvement suggests a belief in Keeper Tax's technological foundation and market potential.
Foundation Capital
Foundation Capital is a venture capital firm known for backing category-defining technology companies from their early stages through growth. Their expertise in operational and strategic guidance is invaluable for a company like Keeper Tax aiming for significant market impact.
e.ventures
e.ventures focuses on accessible software services and custom systems, particularly for small businesses. Their investment in Keeper Tax highlights the platform's utility and potential within the broader small business and independent worker ecosystem.
What's next for Keeper?
The substantial enterprise-level funding indicates a strategic push for Keeper Tax to scale its operations, enhance its AI capabilities, and expand its market reach. This capital injection is likely to fuel product development, bolster marketing efforts, and potentially explore new service verticals within the financial technology sector. The company's focus on automated tax deduction identification positions it for significant growth as the gig economy continues its expansion, making strategic investments crucial for solidifying its market position and driving future innovation.
See full Keeper company page