AI-Powered Tax Management Platform Prosperr.io Raises $1.55M to Expand Beyond India into US Market

Prosperr.io, an AI-driven fintech startup focused on simplifying personal tax compliance, has closed a significant pre-seed funding round of $1.55 Million. The investment signals strong market confidence in the platform’s approach to automating tax planning for individual taxpayers—a segment often underserved by existing financial technology solutions.

Strong Investor Backing Reflects Market Opportunity

The funding round was led by Gokul Rajaram, whose board positions at Coinbase and Pinterest highlight his expertise in scaling consumer platforms. Beyond Rajaram, the round attracted prominent angel investors including Vinodh Bhat (JioSaavn co-founder), Ramakant Sharma (Livspace founder), Kunal Shah (QED Ventures), and Saurabh Jain (Livspace CEO), among others. This diverse investor base reflects confidence in both the founding team and the underlying market opportunity for tax optimization technology.

Solving the Tax Complexity Problem

Founded in March 2022 by Manas Gond and Dev Kumar, Prosperr.io targets a clear pain point: the growing complexity of income tax regulations paired with an expanding population of high-earning individuals. The company’s core offering, the “Super Saver” product, uses AI to continuously monitor users’ financial activities and generate personalized tax-saving strategies while maintaining compliance.

Behind the scenes, an AI engine analyzes applicable tax codes and regulations, identifying relief opportunities specific to each user’s financial situation. Rather than requiring customers to navigate complex tax laws independently, the platform automates this process entirely—translating regulatory complexity into actionable recommendations.

Proven Traction in India Market

The timing of this funding round comes after Prosperr.io demonstrated measurable market validation in India. The Super Saver product has attracted 7,000 active taxpayers, with employees from 1,500 companies already using the platform. More notably, the company projects achieving $1 million in annual recurring revenue within the coming weeks, a milestone that validates both product-market fit and unit economics.

According to CEO Manas Gond, “With the growing population of high tax-payers and the ever-changing complexity of income tax regulations, there’s a need for user-friendly, technology-driven solutions. Our mission is to address this challenge by developing AI-powered solutions that redefine tax management and help our customers save money while achieving their financial goals.”

Expanding to the US Market by 2024

The capital raised will be deployed primarily toward launching Prosperr.io’s services in the United States, where individual income tax compliance presents similarly complex challenges—though governed by different tax codes and regulations. The company plans to introduce its Super Saver product to US taxpayers by 2024.

This geographic expansion requires evolving Prosperr’s underlying AI technology to operate across multiple jurisdictions and legal frameworks. Dev Kumar, CPTO and co-founder, explains the technical challenge: “We are building a constitutional AI agent to solve tax globally. Our product philosophy has always been to build products personalized for the users. We understand user’s financial data in depth to generate capability to develop AI-solutions to simplify personal-finance in future for the users across the globe. Our next step is launching in the US market to amplify.”

Long-Term Vision: Global Tax Intelligence Platform

Prosperr.io’s ambitions extend beyond India and the US. By developing AI systems capable of interpreting any tax code across jurisdictions, the company is positioning itself for eventual global expansion. This approach differs from traditional tax software, which typically requires separate product builds for each geography.

Investor Gokul Rajaram emphasized the broader opportunity: “I’m excited to support the Prosperr team on their mission to build the best tax optimisation platform for consumers not just for India but for the world. The world of taxes is complicated and confusing, and Prosperr’s AI platform helps individuals and employees stay compliant while maximizing tax savings.”

Product Ecosystem and Future Direction

Beyond Super Saver, Prosperr.io offers a complementary product called the FBP Benefit Product, which enables employers to structure non-taxable allowances for their workforce. This B2B angle creates additional revenue diversification while helping employees maximize take-home compensation through tax-efficient benefit structuring.

The combination of consumer-focused tax optimization and employer-directed benefit management positions Prosperr.io at the intersection of personal finance and workplace benefits—a growing frontier in fintech innovation. With $1.55 million in funding and clear product-market validation, the platform is now positioned to tackle one of the world’s most universally frustrating financial processes: tax compliance.