Yonda Tax Secures £11M To Automate Global Tax Compliance For Scaling Companies

The company streamlines end-to-end global tax compliance from registration to filing and remittance allowing businesses to focus on growth rather than regulatory complexity.

Every jurisdiction has its own tax rules and filing deadlines, which can change with little warning. At the same time, global authorities are tightening their oversight of cross-border compliance. Yonda Tax addresses this complexity by automating the entire process from registration to filing and remittance ensuring businesses stay compliant as they grow internationally.

The company has expanded rapidly, posting over 100% year-on-year growth and more than doubling its team in the past 12 months. Around 60% of its customers are based in the US, with strong expansion in the UK, Australia, Canada, and Singapore. Its platform supports a broad customer base, from Shopify-powered eCommerce brands to high-growth SaaS and AI companies.

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Yonda also stands out for its fixed-fee subscription model, which prices services based on the number of regions a client files in, rather than transaction volume or scaling annual contracts. This gives businesses predictable, transparent costs they can budget for as they scale.

The funding round was led by Kennet Partners, with participation from NYO Capital and Portfolio Ventures. Co-founder Gareth Kobrin says the idea for Yonda Tax came from watching founders “do everything right,” yet still struggle with the complexities of international tax.

“So we built Yonda as the partner we wish they’d always had, leveraging decades of accountancy expertise to create a personal, highly accurate technology that takes tax off their plate so they can focus on building.

After years of bootstrapping, working with Kennet has been a natural fit from the start and validates all the hard work we’ve achieved. We are incredibly excited to be able to support even more of the world’s most promising young companies.”

Hillel Zidel, Managing Director of Kennet Partners said: “Unlike many competitors who take a “tech first” approach, Yonda positions itself as a “tax-first, tech-second” company, a genuine partner rather than a cold SaaS product.

That combination breeds accuracy and trust that stands out in this space, and it’s why we are proud to be their first institutional investor and to support their next stage of global expansion.”

The new funding will be used to enhance the platform’s capabilities and support expansion into additional industries and tax jurisdictions.

About Yonda

Yonda automates global sales tax and VAT for SaaS, eCommerce and technology businesses, turning tax compliance into a fully managed, hands-off process. From registration and calculation to filing and communication with tax authorities, Yonda handles everything giving founders, CFOs, and finance teams more time to innovate, grow, and focus on what matters.