Prosperr.io secures $4m seed round to expand AI tax solutions

Prosperr.io secures $4m seed round to expand AI tax solutions

Prosperr.io, a Bangalore-based FinTech SaaS company focused on building AI-powered tax management infrastructure for individuals and enterprises, has secured $4m in seed funding.

This investment takes its total capital raised to $5.55m since it was founded in 2022, according to a report from SME Street.

The seed round was led by Jungle Ventures, with participation from Yatra Angel Network, Sadev Ventures and other strategic investors.

The new funding round was driven by the company’s ambition to scale its AI-led tax platform at a time when tax compliance and optimisation are becoming increasingly complex.

Founded by Manas Gond and Dev Kumar, Prosperr.io has demonstrated strong traction since its previous raise, delivering 5x revenue growth, achieving 80% retention across its consumer base and 100% retention among enterprise clients, it said.

The company now plans to deploy the fresh capital towards accelerating product development, strengthening its B2B sales infrastructure and expanding into adjacent areas such as wealth management.

Prosperr.io offers a variety of tools to aid companies with their tax processes. Its solution supports both individuals and businesses, with an AI-powered capabilities to manage the entire journey.

Prosperr.io CEO Manas Gond said, “We’re building Prosperr.io as the AI-powered financial operating system for working India. Our integrated Flexi Benefit Plan and Super Saver Plan are transforming how businesses and individuals handle tax, savings, and compliance. With 3x YoY revenue growth, this round accelerates our AI and product roadmap to serve millions with smarter, more compliant financial solutions,” he added.

Jungle Ventures partner Rishab Malik said, “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.

“Prosperr.io fits squarely into Jungle’s thesis of backing founders who are solving deep, structural problems with strong technical insight. Their ability to embed AI directly into compliance, deduction, and reimbursement workflows is creating a new category of tax infrastructure for both individuals and enterprises.”

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