Prosperr.io raises $4m to scale AI tax platform

By Vriti Gothi

Bengaluru-based FinTech SaaS company Prosperr.io has raised $4m in a seed funding round to expand its artificial intelligence-driven tax management platform, as complexity around tax compliance and optimisation continues to rise for individuals and enterprises in India.

The round was led by Jungle Ventures, with participation from Yatra Angel Network, Sadev Ventures and other strategic investors. The latest investment brings Prosperr.io’s total funding to $5.55m since its founding in 2022, according to SME Street.

Prosperr.io operates at the intersection of tax compliance, employee benefits and financial planning, offering AI-powered tools that manage end-to-end tax workflows for both consumers and businesses. The company positions its platform as infrastructure rather than a point solution, reflecting a broader shift in FinTech towards embedded, system-level financial services.

The funding comes at a time when India’s tax environment is becoming more fragmented, driven by multiple income streams, evolving regulations and increased scrutiny of compliance. For enterprises, especially those managing distributed workforces, tax efficiency and accuracy have emerged as strategic priorities rather than back-office functions.

Founded by Manas Gond and Dev Kumar, Prosperr.io reported strong operating metrics following its previous raise, including fivefold revenue growth, 80% retention among individual users and full retention across enterprise clients. The company plans to use the new capital to accelerate product development, strengthen its B2B sales capabilities and expand into adjacent areas such as wealth management.

“We’re building Prosperr.io as the AI-powered financial operating system for working India,” said Gond, co-founder and CEO of Prosperr.io. “With 3x year-on-year revenue growth, this round accelerates our AI and product roadmap to serve millions with smarter, more compliant financial solutions.”

From an investor perspective, the company’s focus on tax infrastructure aligns with growing interest in under-digitised layers of financial services. “Tax is one of the most under-innovated layers of financial infrastructure, and the complexity only compounds as individuals earn across multiple streams and businesses operate global workflows,” said Rishab Malik, partner at Jungle Ventures. He added that Prosperr.io’s use of AI within compliance, deduction and reimbursement workflows is helping create a new category of tax infrastructure for both consumers and enterprises.

As FinTech platforms increasingly move beyond payments and lending into core financial operations, Prosperr.io’s expansion highlights how tax technology is emerging as a critical component of the broader financial services stack.