Inkle, a Deleware, US-based Software-as-a-Service (SaaS) startup that finance and account management platform, raised $1.5 million in pre-seed funding.
The investment round was from Picus Capital, Saison Capital, and Force Ventures.
The funds will be used to expand its geographical footprints across the US, Canada, and Latin America, as well as to foray into crypto taxes.
Inkle is provided through a software-as-a-service platform that enables any business worldwide to put together the filings they need to comply with US regulations when running a subsidiary or separate company in the US.
The full-stack software and collaborative features create a scalable, on-demand, and affordable back office for global companies. Inkle offers features such as bookkeeping, tax and compliance state, federal and intercompany management, and more.
It enables US-based companies created by overseas founders to handle tax, accounting, and compliance with ease and cost-effectiveness. Customers include tech companies such as Salesken, Mailmodo, Zoko, and DriveTrain.
Inkle’s newly launched bookkeeping ledger, Inkle Books, fills a glaring gap by synching to bank feeds on one side and recognized accounting software on the other.
Company: Inkle
Raised: $1.5M
Round: pre-Seed Round
Funding Month: February 2023
Lead Investors: Picus Capital, Saison Capital, and Force Ventures
Additional Investors:
Company Website: https://www.inkle.io/
Software Category: Financial Software
About the Company: Founded in 2021 by Anand Krishna and Ranvir Singh, Inkle is a global tax and accounting SaaS startup that provides a finance and account management platform. The platform offers asynchronous human chat with bookkeepers and CPAs, clear dashboards with deadline alerts, team collaboration, a secure corporate document vault, and transparent billing. The firm is headquartered in Munich and has offices in New York, Beijing, Berlin, London, Bangalore, Stockholm, and Sao Paulo. The startup is on a mission to make accounting, tax, and compliance easy, scalable, affordable, and on-demand for global companies - using the software.
Source: https://www.finsmes.com/2023/02/inkle-raises-1-5m-in-pre-seed-funding.html https://www.vccircle.com/saasfirm-inkle-raises-fresh-capital