AI sales tax startup Kintsugi has doubled its valuation in 6 months

AI Analysis

Kintsugi, a Silicon Valley-based startup, has secured $18 million in new funding from Vertex, a global indirect tax technology solution provider. This investment is expected to further empower the company in its mission to assist small and medium businesses in navigating sales tax compliance.The main focus of Kintsugi's services will be on providing AI-enabled capabilities for tax calculations and filings. By doing so, it aims to alleviate the burden on these businesses, allowing them to concentrate on their core operations rather than dealing with complex tax-related issues.With Vertex's involvement, Kintsugi is set to expand its reach and cater to an even broadeange of companies, ultimately contributing to improved sales tax compliance across the board.

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Original Article

Kintsugi, a Silicon Valley-based startup that helps companies offload and automate their sales tax compliance, has raised $18 million in new funding led by global indirect tax technology solution provider Vertex. The startup plans to enable more small and medium businesses to use its AI-enabled capabilities for tax calculations and filings. The ongoing growth of […]

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