Press

Xolo is the first 100% digital solution that leverages technology to save the time that freelancers spend on administrative tasks and procedures. Xolo has designed a digital solution that encompasses e-invoicing, expense management and tax returns by combining artificial intelligence, machine learning and open banking to automate the processes that traditional accountants perform manually. Furthermore, Xolo has a team of tax and accounting experts who accompany freelancers at all times and answer any of their questions quickly and easily.

Founded in Estonia in 2015, Xolo currently serves 100,000 freelancers worldwide. With the launch of a service fully adapted to the Italian legal and tax framework, Xolo moves forward in its plan to become the preferred freelance management solution across Europe.

Since its inception, the company has raised € 11.1 million and has investors such as Karma Ventures, Vendep Capital, the co-founder of Wise, Taavet Hinrikus, and the co-founder of Skype, Jaan Tallinn. The Xolo team consists of 90 employees working between its offices in Tallinn (Estonia), Helsinki, Berlin, Barcelona and Milan.