Kintsugi AI: Transforming the Landscape of Sales Tax Compliance
May 31, 2024, 3:37 pm
In a recent development that has sent ripples through the tech industry, Kintsugi AI, a cutting-edge tax automation platform based in the bustling city of San Francisco, has successfully secured a substantial $6 million in Series A funding. This significant milestone was made possible through the unwavering support of prominent investors such as Link Ventures, Venture Highway, Kyber Knight, Plug and Play, DeVC, and a cohort of angel investors.
The brainchild of the talented trio comprising Pujun Bhatnagar, Barkin Doganay, and Jeff Gibson, Kintsugi AI has set out on a mission to revolutionize the way sales tax compliance is managed in the digital age. By harnessing the power of artificial intelligence, Kintsugi offers a comprehensive platform that covers every aspect of sales tax management, from real-time nexus monitoring to AI-enabled product categorization, rooftop-level tax calculation, and validation, sales tax registration, filing, exemption certificates handling, and back-tax compliance.
One of the key distinguishing features of Kintsugi AI is its unwavering commitment to security and compliance. The platform is designed to be secure, encrypted, GDPR-compliant, and SOC 2 Type II compliant, ensuring that sensitive tax data is handled with the utmost care and protection. In addition, Kintsugi adheres to the Trust Services Criteria's advanced protocols for Security, Availability, Processing Integrity, Confidentiality, and Privacy, setting a new standard for excellence in the realm of tax automation.
The significance of Kintsugi AI's innovative approach to sales tax compliance cannot be overstated. In a landscape where e-commerce sellers and software providers are grappling with the complexities of navigating multiple jurisdictions and tax requirements, Kintsugi AI emerges as a beacon of hope. By automating the entire process of sales tax compliance, Kintsugi AI empowers businesses to stay ahead of the curve and ensure seamless adherence to tax regulations.
Looking ahead, Kintsugi AI has ambitious plans for the future. With the infusion of fresh capital from its recent funding round, the company is poised to expand its support for sales tax compliance beyond the borders of the United States. Additionally, Kintsugi AI is actively working on developing automated value-added tax (VAT) solutions tailored for the Canadian and European markets, signaling its commitment to driving innovation and efficiency in the global tax landscape.
In conclusion, Kintsugi AI stands at the forefront of a new era in sales tax compliance, where technology and innovation converge to simplify and streamline a traditionally complex process. With its unwavering dedication to excellence, security, and compliance, Kintsugi AI is poised to reshape the way businesses approach sales tax management, paving the way for a brighter, more efficient future in the realm of tax automation.
The brainchild of the talented trio comprising Pujun Bhatnagar, Barkin Doganay, and Jeff Gibson, Kintsugi AI has set out on a mission to revolutionize the way sales tax compliance is managed in the digital age. By harnessing the power of artificial intelligence, Kintsugi offers a comprehensive platform that covers every aspect of sales tax management, from real-time nexus monitoring to AI-enabled product categorization, rooftop-level tax calculation, and validation, sales tax registration, filing, exemption certificates handling, and back-tax compliance.
One of the key distinguishing features of Kintsugi AI is its unwavering commitment to security and compliance. The platform is designed to be secure, encrypted, GDPR-compliant, and SOC 2 Type II compliant, ensuring that sensitive tax data is handled with the utmost care and protection. In addition, Kintsugi adheres to the Trust Services Criteria's advanced protocols for Security, Availability, Processing Integrity, Confidentiality, and Privacy, setting a new standard for excellence in the realm of tax automation.
The significance of Kintsugi AI's innovative approach to sales tax compliance cannot be overstated. In a landscape where e-commerce sellers and software providers are grappling with the complexities of navigating multiple jurisdictions and tax requirements, Kintsugi AI emerges as a beacon of hope. By automating the entire process of sales tax compliance, Kintsugi AI empowers businesses to stay ahead of the curve and ensure seamless adherence to tax regulations.
Looking ahead, Kintsugi AI has ambitious plans for the future. With the infusion of fresh capital from its recent funding round, the company is poised to expand its support for sales tax compliance beyond the borders of the United States. Additionally, Kintsugi AI is actively working on developing automated value-added tax (VAT) solutions tailored for the Canadian and European markets, signaling its commitment to driving innovation and efficiency in the global tax landscape.
In conclusion, Kintsugi AI stands at the forefront of a new era in sales tax compliance, where technology and innovation converge to simplify and streamline a traditionally complex process. With its unwavering dedication to excellence, security, and compliance, Kintsugi AI is poised to reshape the way businesses approach sales tax management, paving the way for a brighter, more efficient future in the realm of tax automation.