Kintsugi Raises $6 Million in Series A

by Kay Aloha Villamor in May 30th, 2024

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   

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