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Record OS Raises $2m Seed to Automate UK Tax Filing

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Record OS, an AI‑enabled accountancy platform, secured $2m in pre‑seed capital. Funding came from Episode 1 and angels, including former Wise, Revolut, Deliveroo and Alphabet executives. The round signals fresh appetite for tax‑tech solutions that automate filing and compliance.

Episode 1 leads the cohort, bringing experience from early‑stage fintech exits. Investors see potential for scalable AI that reduces tax preparation time by up to 70 percent, a metric that could attract larger corporate clients and lower operating costs. The investment also grants Record OS access to a network of financial regulators and compliance experts, easing market entry.

Record OS plans to deploy its platform across the UK and EU, targeting SMEs that file VAT and corporation tax returns. Early adopters report a 30 percent reduction in audit risk when using the tool. With a clear product‑market fit, the company aims to raise a Series A within 18 months to expand internationally.

The $2m seed gives Record OS a runway to refine AI algorithms and build regulatory compliance modules. Investors expect rapid scaling as the tax‑tech sector grows, positioning the startup as a notable contender against established accounting software providers. Market watchers will track how quickly the platform can secure institutional clients and navigate evolving EU tax directives.