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"“Winning AngelCon 2021 and the investment capital is going to launch Tallyfor into growth mode. The tax industry was ripe for disruption of sorts — tax preparation needs to move out of the age of dinosaurs and into the 21st century. We’ve solved this problem, a problem that will save accounting firms time and money. We are humbled to be awarded the $145,000 and look forward to guidance from the investor team.” –Peter Wen, CEO of Tallyfor
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Tallyfor Inc

Tallyfor has created an innovative cloud-based software solution for tax professionals to automate the process of passing accounting data to the IRS. They augment online accounting with tax. Tallyfor’s advantage is an open, vendor neutral, cloud-based hub for multiple sources of accounting and tax data. Their data, viewgraph and reporting architecture allow them to quickly engineer features, often within weeks. On June 10, 2021 the accounting software startup was awarded $145,000 as the winner of AngelCon 2021. In addition, the AngelCon Fund 4 investors made a side car deal, investing an additional $75,000 in Tallyfor, and a separate individual invested another $100,000.

SBDC Assistance
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Funding Assistance
Business Plan
Operations

Economic Impact
$220K Angel Investment
$100K Angel Investment

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Funded in part through a Cooperative Agreement with the U.S. Small Business Administration and a Grant with the Governor’s Office of Business and Economic Development. All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA or the Governor’s Office of Business and Economic Development. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact the California SBDC closest to you.