NEWEYE, a Korean company specializing in real estate tax solutions, has received additional seed funding from Korea Investment Accelerator. NEWEYE was first recognized for its technology when it secured seed funding in July and won the grand prize in the Ministry of Land, Infrastructure, and Transport‘s real estate service startup competition. Subsequently, the company was selected as a TIPS project by the Ministry of SMEs and Startups, further validating its technological strength and growth potential. This progress follows the recent launch of its new ‘TAXAI’ service.

‘TAXAI,’ which instantly calculates estimated capital gains tax refunds, categorizes over 9.3 million user cases using NEWEYE’s proprietary TAX AI technology. Through an algorithm that aligns each case with specific tax regulations, TAXAI applies the correct tax type based on the user’s transfer history, identifies the optimal tax amount, and provides an estimated refund by comparing it with previous filings. Currently, the platform offers simulations for capital gains tax, inheritance tax, gift tax, and acquisition tax.

Kim Dong-hyun, CEO of NEWEYE, commented, “Securing additional investment in a challenging market highlights the recognition of NEWEYE’s technology and business viability. TAXAI is the only solution that verifies the accuracy of past real estate capital gains tax filings. We believe it will not only safeguard clients’ rights but also create new revenue opportunities for tax professionals.”