Claimer increases seed backing to make it less complicated for UK start-ups to declare R D tax credit scores

INSUBCONTINENT EXCLUSIVE:
funding.Backing the already revenue-generating company is Ben Holmes (who was previously at Index Ventures), Nick Telson and Andrew Webster
(the founders of DesignMyNight, which recently exited), Rupert Loman (founder of Gamer Network), and TrueSight Ventures.Founded by Adam
McCann in January 2018 and then launched in April 2019, Claimer streamlines the process of claiming R-D tax credits, which is a U.K
government subsidy popular with tech startups that is designed to encourage innovation
businesses to claim back up to 33% of their research - development costs as a cash payment in any industry, such as software and hardware
process claims, so they refer clients to R-D tax specialists
For many companies, the process is slow, expensive, and frustrating, because these specialists charge very high fees, often taking weeks to
without any prior tax knowledge
success rate (i.e
no rejections or reductions)
team and build version two of the product, which McCann says will utilise open data and machine learning, making it possible for claims to
founder.