As we approach the new year, we want to take a moment to reflect on the incredible milestones april has achieved this year. From dramatically increasing ARR to expanding our award-winning product suite, 2024 has been a year of growth, innovation, and impact, enabling us to streamline tax estimation, optimization, and filing for millions of Americans.
april has successfully integrated its technology with several dozen fintech platforms, including Gusto, Chime, and Dayforce. Our embedded partnership model underscores the importance of interconnected financial ecosystems, enabling users to make smarter financial decisions year-round. By making tax data and insights operable across platforms, we empower fintech partners to offer more personalized, efficient services, from optimizing liquidity to smarter investment planning.
This year, we proudly became the first new national e-file provider in more than 15 years. Achieving this milestone required significant investment in developing a comprehensive, AI-powered tax engine that offers native coverage across all 50 states—an industry first in decades. By leveraging our proprietary AI technologies like Tax-to-Code and aprilOS, we were able to achieve record time to market while ensuring accuracy and efficiency.
This accomplishment also allowed us to launch tools like the Quarterly Estimated Payments Calculator, expanding our reach and impact across various financial use cases. These innovations caught the attention of industry leaders and media alike—april was recognized in TIME Magazine, FastCompany, and in-depth reports by Tearsheet as a key player transforming tax technology through AI and embedded solutions.
Rather than relying on legacy systems, our tax engine was built from the ground up to support federal and state filings within a unified, seamless experience. Our tax engine isn't just designed for consumer convenience; it's built to deliver unparalleled value for enterprises.
For enterprises, our platform is purpose-built to integrate seamlessly into your systems. With white-labeling capabilities and low-latency APIs, we empower businesses to unlock new possibilities, such as dynamic account opening or direct deposit switching, all while maintaining a frictionless user experience.
In 2024, we introduced aprilPro, a groundbreaking solution combining AI with the expertise of tax professionals. This hybrid model addresses the needs of taxpayers with complex financial situations, including small business owners, investors and families with tax complexity. Supported forms include K-1s, 1099-Bs, and Schedule Es, broadening the scope of tax filing solutions available to our financial services partners.
We strengthened our leadership team with the appointment of Raj Doshi as President and COO. With over 20 years of experience scaling tax and technology businesses, including his work at Avantax, TaxAct, and Google, Raj is critical to april’s next phase of growth. His expertise in integrating advanced go-to-market strategies is already proving invaluable as we scale our embedded partnership model into new categories like Wealth Management and brokerages.
As we enter tax season, we remain steadfast in our mission to disrupt an industry that has long lacked true innovation or customer focus. This year’s progress reflects the dedication of our team, the trust of our clients, and the support of our investors.
More importantly, we are evolving into a trusted partner deeply embedded to meet taxpayers in their most critical financial decision-making moments. Whether guiding individuals through the complexities of a liquidity event or ensuring the cash stability of a small business, our tools are built to help businesses and clients transact with confidence.
We couldn’t be prouder of what we’ve accomplished together. Thank you for being part of this journey with us. Happy holidays, and here’s to a prosperous new year.
Ben & Daniel