april
Category: AI in Fintech
An AI-powered tax platform that provides embedded tax solutions for financial institutions, enabling them to offer tax filing, planning, and estimation tools to their customers. april was founded in 2021. The company is led by Ben Borodach. Based in New York, New York, USA. Team size: 51-200. Total funding raised: $78 million. Latest round: Series B, $38.0M, 2025-07, led by QED Investors. Key investors include ["QED Investors","Nyca Partners","Team8","Treasury"].
- Founded
- 2021
- Headquarters
- New York, New York, USA
- Team size
- 51-200
- Total funding
- $78 million
Value proposition
To simplify the tax filing process by translating the complex tax code into a user-friendly, mobile-first experience, and seamlessly embedding it into financial apps that people already use.
Products and solutions
["Tax filing","Tax planning","Tax estimation tools"]
Unique value
april's uniqueness lies in its AI-powered engine that personalizes and simplifies the tax experience. Its embedded, mobile-first approach differentiates it from traditional standalone tax software by meeting users within the financial apps they already trust.
Target customer
Financial institutions, including fintech companies, neobanks, and investment platforms, that want to offer tax services to their end-users.
Industries served
["Financial Services","Fintech","Banking","Investment Platforms"]
Technology advantage
The core technological advantage is an AI-powered tax engine that can interpret the 70,000+ page U.S. tax code and translate it into an easy-to-use interface. The business advantage comes from its B2B2C model, which facilitates rapid scaling by partnering with established financial institutions to reach a large, existing user base.
How they differentiate
April differentiates by offering an embedded, AI-powered tax engine that integrates directly into financial platforms (B2B2C model), rather than being a standalone, direct-to-consumer product. It provides white-label tax solutions for banks, fintechs, and other financial institutions.
Main competitors
["Intuit TurboTax","H&R Block","Cash App Taxes"]
Key partnerships
["Propel","Gusto"]
Notable customers
["Propel","Column Tax"]
Major milestones
["Closed a $38M Series B funding round.","Launched AprilPro for taxpayers with more complex financial situations.","Developed an AI-powered engine to translate the 70,000+ page U.S. tax code into a user-friendly experience.","Successfully launched its embedded tax platform in 2022."]
Growth metrics
Partnered with over 50 financial brands, including payroll, neobanking, and investment platforms.
Market positioning
April is positioned as a technology provider for other financial companies, enabling them to offer tax filing and planning services to their own customers. It focuses on automating the tax process by pulling data from various financial sources, aiming to make tax filing a continuous, year-round process rather than a once-a-year event.
Geographic focus
United States
Patents and IP
Information not publicly available.
About Ben Borodach
Ben Borodach started his career at Deloitte Consulting, advising major US banks on financial services, cybersecurity, and technology. He later co-founded and incubated several cybersecurity and fintech businesses that were acquired by companies like PayPal and Bitsight. Before founding april, he was a fintech strategist and helped scale the venture capital firm Team8 Group. His work has consistently focused on the intersection of finance and technology, leading to the creation of april to innovate the tax experience for Americans.
Official website: https://www.getapril.com/