Kintsugi, a Silicon Valley-based startup that helps companies offload and automate their sales tax compliance, has raised $18 million in new funding led by global indirect tax technology solution provider Vertex. The startup plans to enable more small and medium businesses to use its AI-enabled capabilities for tax calculations and filings. The ongoing growth of e-commerce and cross-border trade, combined with increasingly complex tax regulations, has driven global demand for tax automation solutions. Kintsugi aims to aid companies with its software that integrates with revenue-generating points, whether that's Shopify, Stripe, Chargebee, QuickBooks, or a custom API implementation. This helps bring a 360-view of revenue and lets the startup ingest the data and calculate taxes instantly. 'Our goal is like what Uber did for taxi cabs and Stripe did for credit card payments. We want to do it for the compliance piece in 171 countries,' said Pujun Bhatnagar (pictured above, left),...
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