TaxNova streamlines R&D tax claims with smart integrations and automation

If you put me in front of an R&D tax relief form, I will get lost in five minutes. But I have built enough fintech to know one thing. If money is sitting on the table, founders will trip over paperwork trying to pick it up.

Fintech of my choice: TaxNova

TaxNova targets a very specific pain point. R&D tax claims take forever because the work is real, but the evidence is scattered across the tools your team uses every day.

They connect to GitHub, Jira, Slack, Linear, Notion, and similar systems, then map engineering work to what is actually eligible. The product produces audit-ready documentation, writes the narrative, and calculates qualifying costs. The promise is simple. Turn months of back-and-forth into weeks.

This market is not small. The UK alone pays around £7.6 bn each year in R&D tax relief schemes, and TaxNova claims that up to 75% of claim time is wasted just gathering data. That is exactly the kind of “busy work” AI should kill first.

The founding duo, George Nichkov and Marya Malykh, are building a moat where it matters. Integrations, compliance support, and the boring details that make auditors comfortable. They raised a $1 m pre-seed from a16z Speedrun, s16vc, and dozens of operators, which tells me other founders feel this pain in their own finance workflows.

I do not fully understand every nuance of R&D deductions across countries. But I do understand the business model. If you save a team weeks of effort and unlock meaningful cash, charging a percentage of the benefit is straightforward. And yes, in theory, the tax authorities could automate parts of this themselves, but there is rarely a strong incentive to move fast there.

I have seen the same pattern in fintech for more than a decade. The best companies do not “disrupt” finance with slogans. They connect to where the truth already lives, turn messy operational data into compliant outputs, and give founders time and runway back.

Every day, FinBox Solutions highlights one hand-picked fintech on the FinBox page, and the project with the most votes becomes Fintech of the Week.

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I would love to see tools like TaxNova become normal infrastructure, especially for small teams that cannot afford expensive advisors but still do real R&D.

Which part of your finance ops still feels like copy-paste work that should be pulled automatically from your product and engineering stack?

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