Bengaluru-based fintech startup Prosperr.io has raised $4 million in a seed funding round led by Jungle Ventures, with participation from Yatra Angel Network, Sadev Ventures, and other strategic investors.
This fresh infusion will accelerate the company’s growth as it strengthens its AI-driven tax and compliance platform for both enterprises and salaried individuals.
The funding will be utilized to enhance the startup’s automation capabilities, develop new features for enterprise tax management and employee reimbursements, and expand its B2B operations.
The company is also exploring growth into adjacent areas such as wealth management and smarter financial planning solutions.
Prosperr.io was founded in 2022 by Manas Gond (CEO) and Dev Kumar (CPTO & Co-founder) with a vision to simplify tax planning, compliance, and reimbursements using AI and automation. Since its inception, the company has aimed to bridge gaps in tax management for both individuals and organizations, ensuring seamless operations and improved financial efficiency.
The platform provides two primary solutions: an AI-led subscription service for salaried users that delivers continuous tax advisory, planning, and compliance support, and enterprise tools that automate employee allowances, reimbursements, and tax benefits.
The startup claims significant adoption in both segments, driven by reduced manual processes, compliance accuracy, and better financial outcomes for users.
With this round, the startup has raised a total of $5.55 million in funding.
