Plus Company, a Korean platform specializing in tax reporting and refunds, announced that it has successfully attracted seed investment from Grand Ventures. The exact investment amount was not disclosed.

Established in 2023, Plus Company provides tax support services such as regular filings, late filings, and requests for correction for various tax items, targeting workers, freelancers, and business owners who are in tax blind spots.

The company has digitally transformed and automated the entire process, from data collection and analysis for tax filers and estimated refund inquiries to the creation of tax filing forms, using its proprietary development engine and technology. Notably, it offers personalized tax services continuously throughout the year, proactively diagnosing and guiding customers on tax-saving opportunities based on their industry code, income bracket, and tax filing omissions.

Since the launch of its mobile application ‘Plus’ in March 2024, Plus Company has achieved a cumulative 200,000 subscribers and total refunds of approximately USD 5.09 million (KRW 7 billion). Furthermore, in June, it launched a tax reduction product for employees of small and medium-sized enterprises. Moving forward, Plus Company plans to expand its services to include business refunds and labor cost reporting in addition to its existing offerings, aiming to develop ‘Plus’ into a trusted all-in-one digital tax assistant for business owners and workers.

Jeong-kyu Han, CEO Partner at Grand Ventures, stated, “While typical tax and refund platforms are only temporarily activated in May when comprehensive income tax refunds are concentrated, Plus focuses on the essential value of ‘tax savings’ from the customer’s perspective, providing personalized tax management services. We were impressed by its solid growth of 200% every half-year.” He added, “We also highly evaluated the competitiveness of its e-government model and its potential for global expansion.”

Jae-jun Ahn, CEO of Plus Company, emphasized, “The digital transformation of the tax market is still in its early stages, and the market currently penetrated by platforms is only a tiny fraction, limited to ‘individual comprehensive income tax’ within a market exceeding USD 7.28 billion (KRW 10 trillion) in taxpayer cooperation costs.” He continued, “Just as finance met technology to create the vast fintech market, the future ‘tax tech’ industry will provide new value that customers have not experienced before, through increased accessibility and improved understanding of taxes.”