Anrok: Revolutionizing Sales Tax Compliance for Software Companies
April 15, 2024, 3:32 pm
Location: United States, California, San Francisco
Employees: 11-50
Founded date: 2020
Total raised: $54.3M
Anrok, the leading global sales tax platform for software companies, has secured a massive $30 million in a Series B funding round, spearheaded by Khosla Ventures. This injection of capital will fuel Anrok's mission to streamline global tax compliance for the digital economy.
Anrok's innovative platform offers a comprehensive solution for software companies, handling everything from monitoring and calculating taxes to collecting and filing them. With a team of tax experts boasting experience at top firms like Deloitte and EY, Anrok has become the go-to choice for tech companies navigating complex sales tax challenges.
In the past year alone, Anrok has managed compliance for over $7 billion in revenue, solidifying its position as a trusted partner for companies like Notion, Vanta, and Anthropic. By expanding its platform to include advanced features like reconciliation tools and tax exemption certificate management, Anrok continues to evolve to meet the evolving needs of modern finance teams.
CEO Michelle Valentine emphasizes the importance of Anrok's role in simplifying compliance for global software companies, stating, "Software companies are global from day one. The digital economy demands a dedicated enterprise-grade solution for managing recurring revenue and compliance."
With this latest funding round, Anrok is poised to further invest in research and development, cementing its position as the all-in-one global tax compliance platform for the modern finance landscape. As the digital economy continues to expand, Anrok stands ready to revolutionize sales tax compliance for software companies worldwide.
Anrok's innovative platform offers a comprehensive solution for software companies, handling everything from monitoring and calculating taxes to collecting and filing them. With a team of tax experts boasting experience at top firms like Deloitte and EY, Anrok has become the go-to choice for tech companies navigating complex sales tax challenges.
In the past year alone, Anrok has managed compliance for over $7 billion in revenue, solidifying its position as a trusted partner for companies like Notion, Vanta, and Anthropic. By expanding its platform to include advanced features like reconciliation tools and tax exemption certificate management, Anrok continues to evolve to meet the evolving needs of modern finance teams.
CEO Michelle Valentine emphasizes the importance of Anrok's role in simplifying compliance for global software companies, stating, "Software companies are global from day one. The digital economy demands a dedicated enterprise-grade solution for managing recurring revenue and compliance."
With this latest funding round, Anrok is poised to further invest in research and development, cementing its position as the all-in-one global tax compliance platform for the modern finance landscape. As the digital economy continues to expand, Anrok stands ready to revolutionize sales tax compliance for software companies worldwide.