Tax Sketches Raises $1m in Funding to Build the Future of Legal Tech

LegalTech-project Tax Sketches has attracted a round of $ 1 million from a private angel investing in fintech and legal tech projects. The Tax Sketches team is building an algorithmic international tax planning platform. The core of the platform is made up of algorithms for modeling corporate structures and a library of data received from contributors - tax and corporate lawyers and accountants from Europe, USA, CIS countries, Africa and Asia.Tax Sketches has 3 founders - Tatiana Vasilyeva, Vladimir Mologa and Vladislav Spiridonov.We would like to tell you briefly about their experience.Tatiana Vasilyeva is the CEO of the project. Tatiana is an international lawyer with 20 years of experience in legal practice. At one time, Tatiana was part of the famous Russian tax team "Pepeliaev Group" and led landmark tax litigations. In 2010, Tatiana moved to Prague and created her own consulting agency Baseley & Partners. The agency developed international tax structures for IT companies of Russian origin, including operating unicorns.Vladimir - CTO of the project. Vladimir has 8 years of experience in IT. Prior to joining Tax Sketches, Vladimir carried out full cycle project management in e-commerce, including management of software development and product implementation on the market.Vladislav - CPO of the project. Vladislav has a legal and project background. He structured the work of the Russian carsharing service with clients. In 2019, Vladislav moved to the Czech Republic and managed international projects in a consulting company in the field of tax planning, regulatory requirements for IT companies, licensing and legal binding of crypto businesses.

This is the third round of Tax Sketches. In the beginning, the project was funded by the team. After the creation and testing of the MVP, the project received the first injections from business angels, the penultimate round was in the spring of 2021. The platform will be monetized through b2b and b2c subscription models and referral rewards. The team believes that platform-generated anti-avoidance structure compliance reports can become the gold standard for KYC/AML, and want to ensure that "verifying by Tax Sketches" structures are accepted as KYC-compliant by payment institutions.