Taxwire

founder/ceo @ Taxwire

I have enough context. Let me write the description. Taxwire is a fully managed sales tax and global VAT compliance platform aimed at finance teams at growing companies that sell across many jurisdictions. Rather than shipping software and leaving reconciliation, registration, and filing to overworked controllers, the company pairs an AI tax engine with in-house tax experts who own the outcome, covering nexus analysis, taxability decisions, calculations at checkout, exemption certificates, filing, remittance, and responding to state notices. It integrates with common billing, ecommerce, and accounting systems including QuickBooks, Xero, and NetSuite. The launch marks a $25M combined Seed and Series A led by Headline, with Vinyl, Recall Capital, Nomo Ventures, Analog Ventures, and a group of angel finance leaders and founders participating. Taxwire says it currently remits roughly $100M in sales tax per year for customers navigating more than 22,000 US jurisdictions and VAT regimes in over 80 countries, and it plans to use the funding to serve more of the customers already relying on it while expanding coverage. Founders Andrew Rea (CEO) and Steven Schmatz (CTO) started the company in 2023 after Rea, a former CPA, ran finance at a fast-growing school lunch business and hit the limits of both the legacy indirect tax incumbents and the newer self-serve tools built for small shops. The team includes Head of Tax Graham Martin and a bench of tax specialists alongside its engineering group, reflecting the pitch that indirect tax is a domain problem as much as a software one.

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