Prosperr.io, a fintech SaaS platform for automating income tax, has secured $1.55 million in its pre-seed funding round led by Gokul Rajaram, a board member at Pinterest and Coinbase. 

The funding round also saw participation from some of the significant angel investors including Vinodh Bhat (President & Co-founder JioSaavn), Ramakant Sharma (founder Livspace), Kunal Shah (QED Ventures), Saurabh Jain (CEO, Livspace), among several others.

As per the startup, the funding will be used primarily to develop the company’s AI-first tax advisor. 

Prosperr | SaaS platform for automating income tax

Founded by Manas Gond in March 2022, Prosperr.io provides with a subscription-based service designed to manage income taxes comprehensively for salaried individuals, thus ensuring maximum eligible tax savings and compliance. 

The startup offers two core products: the Super Saver Product (B2C product), which helps individuals plan and save their taxes efficiently, and the Prosperr-FBP (Flexi Benefits Plans), which enables employers (B2B product) to provide non-taxable allowances. 

In April, Gokul Rajaram invested in customer loyalty and marketing startup Reelo. His portfolio also includes some of the health-tech startups Dozee, Vance, CashFlo, and Rocketlane, among others.

Speaking about the development, Manas Gond, Founder and CEO of Prosperr.io, said,

“The growing complexity of income tax regulations and the increasing number of individuals filing income tax returns (ITR) highlight the need for user-friendly, technology-driven solutions. Our mission is to address this challenge by developing AI-powered solutions that redefine income tax management and help our customers save money while achieving their financial goals.”

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