Loctax - About the company
Loctax is an acquired company based in London (United Kingdom), founded in 2020. It operates as a Compliance management platform. Loctax has raised $12M in funding from Index Ventures. The company has 2481 active competitors, including 198 funded and 142 that have exited. Its top competitors include companies like Palantir, Symphony and Vanta.
Company Details
Compliance management platform. It features automate compliance processes, manage projects and risks and global tax operations with a centralised tax data platform. Its structured data repository brings all of the tax data and documents together in a single platform.
- Website
- www.loctax.com/
- Social
- Email ID
- *****@loctax.com, *****@loctax.com
Key Metrics
Founded Year
2020
Location
London, United Kingdom
Stage
Acquired
Total Funding
$12M in 1 round
Latest Funding Round
Investors
Ranked
82nd among 2481 active competitors
Employee Count
29 as on Sep 30, 2026
Exit Details
Acquired by Tax Systems (Oct 08, 2025)
Legal entities associated with Loctax
Loctax is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
LOC TAX LTD CIN: 12104078 , United Kingdom, Active | Jul 14, 2019 | - | 3 (As on Jul 31, 2024) |
Loctax's acquisition details
Loctax got acquired by Tax Systems on Oct 08, 2025.
Click here to take a look at Loctax's acquisition in detail
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Loctax's funding and investors
Loctax has raised a total funding of $12M over 1 round. Its latest funding round was a Series A round on Sep 21, 2022 for $*****. 8 investors participated in its latest round. Loctax has 12 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Loctax:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 21, 2022 | 2559359 | Series A | 2676398 | 7443648 | 8536236 | 1365892 |
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Loctax's founders and board of directors
Founder? Claim ProfileLoctax's employee count trend
Loctax has 29 employees as of Sep 26. Here is Loctax's employee count trend over the years:
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Loctax's Competitors and alternates
Top competitors of Loctax include Palantir, Symphony and Vanta. Here is the list of Top 10 competitors of Loctax, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Palantir 2003, Denver (United States), Public | Platform that provides data analysis and management solutions | $2.46B | 84/100 | |
2nd |  Symphony 2014, New York City (United States), Series E | Compliance management solutions for financial institutions | $461M | 76/100 | |
3rd |  Vanta 2018, San Francisco (United States), Series D | Provider of a platform for automating security and compliance programs | $504M | 74/100 | |
4th | Behavox 2014, London (United Kingdom), Series C | Provider of AI-driven platform for regulatory compliance and risk management | $343M | 72/100 | |
5th |  EXIGER 2013, New York City (United States), Acquired | Provider of supply chain risk management and compliance software solutions | $80M | 71/100 | |
6th | AuditBoard 2014, Cerritos (United States), Acquired | Developer of software for governance risk and compliance management systems | $43.6M | 69/100 | |
7th | Cloud-based business process management software | $34M | 68/100 | ||
8th | OnFinance AI 2023, Bengaluru (India), Seed | Developer of artificial intelligence agents for automated regulatory compliance management | $5.25M | 67/100 | |
9th |  Truv 2020, Miami (United States), Acquired | Cloud-based platform for employee background verification | $28.5M | 65/100 | |
10th | Mitratech 1987, Austin (United States), Acquired | Provider of solutions for third party risk management to banks | - | 65/100 | |
82nd |  Loctax 2020, London (United Kingdom), Acquired | Compliance management platform | $12M | 49/100 |
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Loctax's Investments and acquisitions
Loctax has made no investments or acquisitions yet.
Reports related to Loctax
Here is the latest report on Loctax's sector:
News related to Loctax
Media has covered Loctax for 1 event in last 1 year.
•
Tax Systems acquires Loctax to further strengthen its position in the European tax SaaS marketBusiness Wire•Oct 08, 2025•Loctax, Tax Systems
•
Loctax Raises $12M Series A to Give Companies Full Control of Tax Risks and ResponsibilitiesFinancial IT•Sep 21, 2022•Loctax, Index Ventures, Cavalry Ventures, Seedcamp
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