Gelt, an AI-Native Tax Firm, Raises $13 Million in Series A to Expand Services and Appoint New Chairman
Miami-based Gelt, an AI-native tax firm specializing in services for high-net-worth individuals and scaling businesses, has announced a $13 million Series A funding round, bringing its total capital raised to $21.2 million, and has appointed Yoram Tietz as Chairman of the Board.
Zvi Limon of the Rimon Group led the Series A funding, with additional participation from Vintage Investment Partners and TLV Partners. The appointment of Yoram Tietz, former Managing Partner at EY and current Senior Advisor at General Atlantic, marks a strategic addition to Gelt’s leadership team.
Since its launch five years ago, Gelt has tripled its user base year over year, enabling clients to achieve substantial annual tax savings through its AI-powered platform and dedicated CPA team. The company has also reported an increase in its profit margins from a historical average of 20-30 percent to a current range of 55-66 percent. Unlike traditional firms that typically focus on annual filings, Gelt’s proprietary AI system continuously scans the tax code and applies relevant strategies in real time for each client. For example, the system identified an opportunity for a venture partner who was overpaying through a standard W-2 salary, leading Gelt to restructure the income via an S-Corp, which cut payroll taxes and revealed federal deductions, saving the client more than $100,000 in a single year. This approach allows Gelt’s CPAs to concentrate on strategic guidance, delivering immediate and measurable results to clients.
Tal Binder, founder and CEO of Gelt, stated, “Most successful individuals and businesses are stuck with once-a-year tax scrambles that miss opportunities all year long. We’ve built the first tax firm where AI handles the complex analysis so our elite CPAs can deliver a proactive strategy that saves clients significant money and removes the compliance burden entirely.”
This new funding will be used to accelerate the development of Gelt’s platform and support its expansion into new markets. The company also plans to triple its team by recruiting top-tier CPAs, engineers, and client experience professionals. Gelt serves a diverse clientele including technology executives, healthcare entrepreneurs, real estate investors, and financial services leaders, all of whom require more sophisticated tax strategies than traditional firms often provide.
Shahar Tzafrir, Managing Partner at TLV Partners, who led Gelt’s seed round and participated in the Series A, commented, “Tax advisory has been stuck in an outdated model, but Gelt proved there’s a better way. Instead of selling software to accountants, they rebuilt the entire service model with AI and expertise working directly for clients. The results speak for themselves.”
Yoram Tietz, the new Chairman of the Board, added, “Gelt combines advanced AI with licensed expertise to modernize how successful individuals and businesses approach taxes. They’re transforming taxes from a reactive cost into a proactive growth driver.” The Series A included participation from Vintage Investment Partners, a global platform with over $4 billion in assets under management, and TLV Partners, a $1 billion early-stage fund.
Looking ahead, Gelt intends to launch advanced estate planning integration, expand its multi-state capabilities, and introduce predictive tax modeling to assist with major financial decisions. The company is actively recruiting senior CPAs and targeting expansion into key sectors such as real estate, healthcare, and financial services.
