Embedding tax into every financial decision: 2025 year in review

2025 marked an inflection point for april. Across our products, partnerships, and team, we made meaningful progress toward our vision: embedding tax into every financial decision. Here’s a look at this year’s milestone achievements.

Became the first firm in 15 years to earn IRS e-file authorization in all 50 states

This year we joined ~12 other firms nationwide to earn full IRS e-file authorization across all 50 states. As the only AI-driven tax platform to secure these licenses, we’ve established april as the most trusted, cutting-edge innovator in the industry.

Launched our Expert filing service

To support our partners whose clients have more complex tax needs, we introduced our new Expert filing service. It’s powered by AI and supported by US-based, credentialed tax professionals, giving partners the ability to offer high-touch, tax filing, in-house.

Introduced real-time visibility into the tax impact of stock transactions

We expanded our tax planning product suite with Equity Simulator, a first-of-its-kind solution that calculates the personalized tax impact of stock transactions in real time – including income, capital gains and alternative minimum tax. By collecting basic information about an investor’s income and filing status, we offer users a personalized calculation at the time of decision making. First launched with Nasdaq Private Markets, this solution can be embedded directly into brokerage workflows or used by financial advisors to guide more tax-optimized investment strategies.

Set new standards for impact and growth

This year, april’s platform reached new heights in performance and adoption. By expanding our team to 70 people and investing in both technical and operational capabilities, we filed hundreds of thousands of tax returns, delivered hundreds of millions in refunds, and decreased the average time to file from 8 hours to less than 20 minutes. We will be carrying this momentum into 2026 with a 9x increase to our run rate, fueled both by deeper integrations with existing partners and a surge of new collaborations with partners across the wealth management, fintech, banking, and payroll spaces.

Strengthened our financial foundation

We raised a $40M Series B led by QED Investors and with participation from several of our existing investors, bringing us to a total $80M in funding. This round underscores strong confidence in our vision and the growing demand for tax infrastructure that keeps pace with modern financial services.

What’s next

We’re heading into 2026 laser focused on delivering exceptional filing experiences for our partners and their customers. But our ambition doesn’t stop there. We’ll keep building the products, intelligence, and infrastructure that make seamless, year-round embedded tax a reality.

Thank you to our partners, investors, and team for pushing this industry forward. The progress we’ve made together is just the beginning.