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Anrok Raises $30M To Be The Tax Compliance Infrastructure Behind The Digital Economy

Anrok, a leader in sales tax compliance for software companies, recently received $30 million in Series B funding. The funding, led by Khosla Ventures, will help Anrok improve its platform to offer better tax compliance solutions for digital products and services in the digital economy.

Michelle Valentine, Anrok's CEO, stressed the need for a solution to handle global revenue and compliance in the digital economy. Anrok aims to make sales tax compliance easier for software companies worldwide.

Khosla Ventures partner Ethan Choi highlighted Anrok's importance in the financial stack of top SaaS and AI companies. Anrok's platform, created by tax experts from Deloitte and EY, has helped companies like Notion and Vanta manage over $7 billion in revenue in the past year.

Gem's Controller, Temi Vasco, commended Anrok for simplifying compliance for their fast-growing software company. Gem relies on Anrok to manage compliance and reduce risk.

Read More - https://www.techdogs.com/tech-news/business-wire/anrok-raises-30m-to-be-the-tax-compliance-infrastructure-behind-the-digital-economy