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Future Unicorn🦄 #195: Loctax

Collaborative tax governance platform

Kenn So

Sep 23, 2022

The Quild Future Unicorn highlights one future of work early-stage startup with statistically significant signals of becoming a unicorn.

Loctax is a collaborative tax governance platform for global in-house tax teams. It helps to achieve full control of compliance, projects, audits, transfer pricing, and all other tax responsibilities. One source of truth that enables organisations to prepare for the ESG era.

Founders: Bart (CTO), Stevi (CTaxOfficer), Hans (CEO), Kasparas (CPO)

Signals:

Repeat founders
- Bart founded Ludimos, a cricket coaching platform, and owns a few other businesses
- Hans founded Sket, a legal tech startup
- Kasparas co-founded Ludimos with Bart
Top university alumni
- Stevi graduated from KU Leven
- Hans graduated from Duke University
- Kasparas graduated from Erasmus University
Fast team growth
- Grew 1.7x YoY to 29 employees
- And hiring more
Midas list investor
- Index Ventures led series A

Favorite restaurant at the moment: Birdbox, a fried chicken shop 🐔. It was a pandemic project that became popular that the owners started a standalone restaurant.