Startup
Kintsugi
AI sales tax compliance for small and mid-sized businesses: nexus tracking, registrations, filing and remittance, with tax incumbent Vertex as a 10% shareholder after its 2025 investment.
| Founded | 2022, San Francisco |
|---|---|
| Founders | Pujun Bhatnagar (CEO, formerly Facebook), Barkin Doganay, Jeff Gibson |
| Stage | Series A |
| Total funding | About $35m |
| Last round | $18m, April 2025, led by Vertex, which took a 10% stake. Valuation $150m, up from $80m five months earlier. |
| What it does | Connects to billing, e-commerce and ERP systems to monitor nexus, register in new states, calculate tax and file and remit returns, with an AI assistant for tax questions |
| Traction | More than 7,000 businesses |
| Pricing | Free plan for exposure monitoring; Starter from US$75 per filing or registration; Premium custom with volume discounts; month to month, no transaction fees |
| Markets | US sales tax on every plan; Canada, the EU, the UK and 100+ countries on Premium |
| Peers | Anrok, Numeral, Zamp, Sphere, Avalara, TaxJar |
Funding
- Announced rounds
- US$18m
- Round
- Round, US$18m, April 2025, led by Vertex
- Valuation
- Valued at US$150m in April 2025, at its round
What was Kintsugi's last announced valuation?+
Kintsugi was valued at US$150m in April 2025, at its round.
Why it matters
Kintsugi doubled its valuation in six months to $150 million and took Vertex, a 45-year-old tax software company, as a strategic investor. It is the clearest sign yet that the incumbents intend to buy into the AI sales tax generation rather than build against it.
Part of Accountio’s accounting technology coverage.
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