Prosperr.io, a Bangalore-based fintech SaaS company building an AI-powered tax management infrastructure, 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 strategic investors.
The fresh funds raised will be used to accelerate its product development and strengthen its B2B sales infrastructure as the company scales its enterprise platform and expands into new markets like wealth management and other adjacent business lines.
This brings Prosperr.io’s total capital raised to $5.55 million. Previously, Prosperr.io raised $1.55 million in its pre-seed funding round led by Gokul Rajaram, with participation from several prominent angel investors, including Vinodh Bhat, the President and Co-founder of JioSaavn, Ramakant Sharma, founder of Livspace, Kunal Shah of QED Ventures, and Saurabh Jain, CEO of Livspace, among others.
Founded in 2022 by Manas Gond and Dev Kumar, Prosperr.io is an AI-powered fintech SaaS platform that specializes in automated income tax management and compliance for individuals and enterprises.
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 salaried individuals, Prosperr.io is building an always-on taxation platform that adapts to the user’s financial goals, unlocking eligible deductions with proactive adviser communication.
Prosperr.io also offers tax-saving employee allowances and simplified employee reimbursement using automation and artificial intelligence for enterprises, which enables them to proactively support the financial well-being of their workforce.
The company recently expanded its enterprise product suite with an AI-powered reimbursement solution to address the growing complexity of corporate tax operations.
Since its previous funding round, Prosperr.io has delivered 5x revenue growth while expanding its product suite across both B2B and B2C segments, and currently maintains 80% retention across its consumer business and 100% retention across enterprise clients.
Manas Gond, CEO and Co-Founder, Prosperr.io, 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.”
Rishab Malik, Partner, Seed Investments, Jungle Ventures, 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.”
