Kintsugi, a San Francisco, CA-based fintech startup that is transforming tax compliance through advanced AI technology, raised $6 million in a Series A funding at a $40 million valuation.
Investors
The round was led by Link Ventures, with additional support from Venture Highway, KyberKnight, Plug and Play, DeVC, and a roster of esteemed angel investors.
Founded in 2006, Link Ventures is a venture capital firm based in Cambridge, Massachusetts. The firm invests in early-stage direct-to-consumer companies.
Kintsugi Use of Funds
The company will use the funds to further develop its innovative platform and expand its market presence, particularly in automated VAT solutions for Canada and Europe.
About Kintsugi
Founded in 2021 by Pujun Bhatnagar, Barkin Doganay, and Jeff Gibson, Kintsugi is a company dedicated to taking the stress out of sales tax compliance. The company provides a solution for sales tax needs. It offers end-to-end real-time nexus monitoring, AI-enabled product categorization, precise tax calculations, sales tax registration, filing, exemption certificate handling, and back-tax compliance. Kintsugi is GDPR-compliant and SOC 2 Type II certified.
Funding Details
Company: Kintsugi, Inc.
Raised: $6.0M
Round: Series A
Funding Month: May 2024
Lead Investors: Link Ventures
Additional Investors: Venture Highway, KyberKnight, Plug and Play, DeVC
Company Website: https://trykintsugi.com/
Software Category: Sales Tax Compliance
Source: https://trykintsugi.com/blogs/kintsugi-announces-series-a-funding-round