Prosperr.io, a fintech SaaS platform focused on automating income tax management, has successfully raised $1.55 million in a pre-seed funding round led by Gokul Rajaram, a prominent board member at Pinterest and Coinbase.
This funding round also attracted investments from several notable angel investors including Vinodh Bhat, President & Co-founder of JioSaavn; Ramakant Sharma, founder of Livspace; Kunal Shah of QED Ventures; and Saurabh Jain, CEO of Livspace, among others.
The raised capital will be primarily allocated towards the development of Prosperr.io’s AI-driven tax advisor. This innovative tool aims to streamline the tax filing process and optimize tax savings for users.
Founded in March 2022 by Manas Gond, Prosperr.io provides a subscription-based service tailored to manage income taxes comprehensively for salaried individuals. The platform ensures users maximize their eligible tax savings while maintaining full compliance with tax regulations.
Prosperr.io offers two main products:
- Super Saver Product (B2C): This product is designed to help individual taxpayers plan and save on taxes effectively.
- Prosperr-FBP (Flexi Benefits Plans, B2B): This product enables employers to offer non-taxable allowances to their employees, enhancing their compensation packages.
Gokul Rajaram’s investment in Prosperr.io follows his recent funding of Reelo, a customer loyalty and marketing startup. His diverse investment portfolio includes health-tech startup Dozee, financial technology company Vance, cash management solution CashFlo, and project management tool Rocketlane, highlighting his interest in innovative and impactful startups.
With this new influx of capital, Prosperr.io is poised to accelerate its growth and enhance its offerings, solidifying its position as a key player in the fintech and tax automation sectors.
