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SaaS product Inkle raises $1.5 Mn pre-seed funding

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Picus Capital, Saison Capital, and Force Ventures led a $1.5 million pre-seed fundraising round for Inkle, a US CPA SaaS product centred on human conversation. Anand Krishna founded Inkle in late 2021 to offer software that makes it simple and affordable for US businesses with foreign founders to manage tax, accounting, and compliance. For multinational corporations, a scalable, on-demand, and economical back office is created with Inkle's full-stack software and collaboration capabilities.

According to Inkle, the platform provides live chat with bookkeepers and CPAs, as well as transparent billing, team collaboration, clear dashboards with deadline alarms, and secure corporate document vaults. Transfer pricing, foreign direct investment, royalty payments, and complex group consolidation are just a few of the intercompany money transfers that Inkle Books keeps track of within the group.

The company, which has offices in Delaware and Bengaluru, claims to facilitate compliances such reporting required by state, federal, and international regulations as well as registered agent and mailroom services. In order to connect all three sides, both customer and CPA software are continually updating their cutting-edge SaaS user interfaces.

Inkle asserts that it has grown revenues seven times in the last year to hundreds of thousands of dollars and established a strong leadership position in the US-India corridor despite being bootstrapped and operating in secret up until this point. The business also says it will enter new markets, including crypto taxes and new trade routes like US-Canada and US-LATAM. Leading tech firms including Salesken, Mailmodo, Zoko, and DriveTrain are among its clientele.