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Wise alumni raise £1.5m for tax assessment platform

Record OS has secured backing from Episode 1

Record OS
Image credit: Record OS

Record OS, a self-assessment and making tax digital platform founded by former employees of Wise, has raised $2m (£1.49m) in pre-seed funding.

Founders Dhruv Chadha and José Luis De La Peña met as early employees of the remittance giant.

They founded Record OS as a tool to manage self-assessment of taxes and has made the platform ready for the self-employed workers and landlords that are now subject to making tax digital requirements.

“We started by building software for accountants, but realised the problem still existed on a personal level,” said Chadha.

“When I found an error in my own tax return while testing the platform, I was shocked – I’d paid for professional help, I work in finance, and I was still left wondering whether everything had actually been done correctly. That simply shouldn’t still be the case in 2026, and is the inspiration for the business today.”

Peña added: “No one becomes an accountant to mechanically fill tax returns, and taxpayers often think of self assessments as almost a punishment for success, or for starting a venture.

“We want this friction gone and we know there’s a better way. As Making Tax Digital brings more people online, we’re building a platform that combines the speed of technology with the reassurance of expert review.”

Record OS has secured the funding from Episode 1 as well as a group of angel investors including former executives from Wise, Revolut, Deliveroo and Alphabet.

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