Tax compliance enabler Kintsugi attracts $18-M led by US-based tax s’ware maker Vertex

Vertex, a US-based provider of indirect tax technology solutions, has invested USD 15 million (out of a total Series A round size of USD 18 million) for a 10% ownership in Kintsugi, an India- and USA-based startup focused on automating sales tax compliance for small and mid-size businesses (SMBs). Vertex will take a seat on the Kintsugi board.Co-founded in 2023 by Pujun Bhatnagar and Jeff Gibson, Kintsugi is claimed to automate the entire sales tax compliance lifecycle for small businesses, including tax calculations, filings, and compliance monitoring across multiple jurisdictions. Kintsugi operates in the USA, Canada and Europe with a 95+ member team serving a base of 2,400 customers.