Prosperr.io, a Bangalore, India-based fintech SaaS platform for automating income tax, raised $1.55 million in pre-seed funding.
Investors
The round was led by angel investor Gokul Rajaram, known for his roles at Pinterest and Coinbase. Other notable investors in this round include Vinodh Bhat (co-founder of JioSaavn), Ramakant Sharma (founder of Livspace), Kunal Shah (of QED Ventures), and Saurabh Jain (CEO of Livspace).
Prosperr.io Use of Funds
The company will use the funding to support its growth initiatives, including scaling its products, expanding its user base, and preparing for international expansion, notably into the US market.
About Prosperr.io
Founded in March 2022 by Manas Gond, Prosperr.io offers subscription-based services designed to help users manage their tax. Their offerings include 'Super Saver,' which assists individual taxpayers with real-time tax management and personalized advice using AI, and 'Flexi Benefits,' tailored for employers to ensure compliance with tax regulations. Their mission is to address this challenge by developing artificial intelligence-powered solutions that help our customers save money while achieving their financial goals.
Funding Details
Company: Prosperr.io Pvt Ltd.
Raised: $1.55M
Round: Pre-Seed Round
Funding Month: June 2024
Lead Investor: Gokul Rajaram
Additional Investors: Vinodh Bhat, Ramakant Sharma, Kunal Shah, Saurabh Jain
Company Website: https://www.prosperr.io/
Software Category: Tax Management
Source: https://www.forbes.com/sites/davidprosser/2024/06/17/is-india-the-ultimate-growth-market-for-tax-compliance-software/