Tax management infra startup Prosperr.io raises $4 Mn led by Jungle Ventures

AI-led tax management infrastructure startup Prosperr.io has raised $4 million in a seed funding round led by Jungle Ventures. The round also saw participation from Yatra Angel Network, Sadev Ventures, and other investors. 

The Bengaluru-based company has now raised a total of $5.55 million since its incorporation in 2022. Earlier in August last year, Prosperr had raised $1.55 million in its pre-seed round led by Gokul Rajaram, a board member at Pinterest and Coinbase. 

The proceeds will be used to accelerate product development, strengthen AI capabilities, and scale its B2B sales operations. The company is also exploring expansion into adjacent areas such as wealth management.

Founded by Manas Gond and Dev Kumar, Prosperr.io is building software infrastructure to manage tax planning, compliance, and employee reimbursements for both individuals and enterprises. The platform uses automation and AI to handle deductions, filings, and compliance workflows across salaried users and businesses.

For enterprises, Prosperr.io offers tools that automate employee tax benefits, reimbursements, and compliance, reducing manual processing and regulatory risk. 

On the consumer side, the company operates a subscription-led model that provides ongoing tax planning and advisory, adjusting to changes in income and financial goals.

The brand has also expanded its enterprise offering with an AI-powered reimbursement product aimed at simplifying corporate tax operations. Prosperr.io claims strong traction across both segments, with high retention among enterprise clients.