Juan Andrade raises $2.7m seed for Caribou, an autonomous tax firm
Blue Wire Capital, Y Combinator, TinyVC, and Venture Together back Caribou's $2.7m seed; Andrade shares a park video on why companies like Hadrian, OpenFX, Vertice, and others need it.
By Staff ·
Why it matters
Tax compliance is an expensive, error-prone back-office burden for startups and mid-market companies. A credible attempt to automate it end to end could cut costs and unlock operator time, which is why YC and early funds are leaning in.
Juan Andrade (@isjuanonline) announced a $2.7 million seed round for Caribou, which he describes as an autonomous tax firm, naming Blue Wire Capital (@bwcvc), Y Combinator (@ycombinator), Tiny Supercomputer Investment Company (@tinyvc), and Venture Together (@venturetogether) as backers in a thread on X.
"We're announcing our $2.7m seed round... to build the autonomous tax firm," Andrade wrote. He posted a short park-walk video outlining why companies like Hadrian, OpenFX (@openfx_), Vertice (@verticeHQ), Butternut Box (@ButternutBox), Encord (@encord_team), and Duffel (@DuffelHQ) need a different approach to taxes.
https://x.com/isjuanonline/status/2055278888331182286
Beyond the investor list and thesis framing, Andrade did not share product details or a release timeline in the thread. The video is here.