BusinessWire
Edison Partners invests $15 million in Schedule K-1 automation disruptor K1x, Inc.
Award-winning patented AI automation software helping tax teams turn mountains of manual data into minutes of work.
Milestones
Founded: 2022
Partnered: 2022
Fund: Fund I
Stage: Exit
Team
Mudita Team
Sector
Financial Services & FinTech
Location
Morristown, New Jersey
"...every K1 processing down to 15 seconds...where do we sign?"
The K1-tax process is as loved as getting a root canal. To this day, we haven’t found anyone in the K-1 supply chain who looks forward to it. So when we met Geralyn and her dynamic team of fintech executives, who had a proven product that reduced a tedious manual process to seconds…where do we sign?
Ethan Linkner
Managing Partner, Mudita Venture Partners
"...more than an investor; they’re an essential partner..."
An emerging fintech company can obtain working capital from thousands of venture capital sources. If capital were the only ingredient for success, every startup would succeed. For K1x, Mudita is more than an investor; they’re an essential partner. Their team is experienced, savvy, and connected. With a stellar B2B SaaS background, I rely on them for strategic direction, key hires, and access to their network.
John LaMancuso
CEO, K1x
In The
NEWS
