About Inkle
Inkle is a company based in Cambridge (United States) founded in 2011 by Joseph Humfrey and Anand Krishna. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Inkle has raised $1.5 million across 1 funding round from investors including Force Ventures, Saison Capital and Picus Capital. The company has 27 employees. Inkle offers products and services including Inkle Books, Inkle Tax, Inkle Sales Tax, and Inkle Mailroom. Inkle operates in a competitive market with competitors including Intuit, Visma, Xero, Wave and FreshBooks, among others.
- Headquarter Cambridge, United States
- Employees 27
- Founders Joseph Humfrey, Anand Krishna
- SectorsTechnology
- Email••••••••
- Website inkle.io
- Social LinkedIn YouTube
- Legal Name Inkle India Private Limited
- Date of Incorporation 27 Sep, 2022
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹5.88 Cr
FY 2024 · +178% YoY
- Net Loss-₹43.1 Lakh
FY 2024 · -7% margin
- EBITDA-₹41.5 Lakh
FY 2024 · -7% margin
- Total Equity Funding$1.5M (USD)
in 1 rounds
- Latest Funding Round$1.5M (USD), Seed
Feb 2023
- InvestorsForce Ventures
& 2 more
- Employee Count27
Associated legal entities of Inkle
Inkle operates through Inkle India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Inkle India Private Limited CIN U72900KA2022FTC166523 | Active | 27 Sep 2022 | Bengaluru, Karnataka | ₹5.9 Cr | 27 | 2 | View details |
Products & Services of Inkle
Inkle offers a comprehensive portfolio of products and services, including Inkle Books, Inkle Tax, Inkle Sales Tax, and Inkle Mailroom.
Automated bookkeeping is provided for US startups efficiently.
Tax filings are simplified with AI for startups.
Sales tax registration and filing are automated effectively.
Virtual mailbox services are offered for US startups.
Apps and channels of Inkle
its YouTube channel Inkle has 87 subscribers and 19 videos.
Videos from Inkle
The most watched videos on Inkle's YouTube channel, Inkle (87 subscribers). Click a video to play it here.
More on Inkle.
Funding Insights of Inkle
Inkle has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.5M
- Total Rounds 1
- Last Round Seed — $1.5M
- First Round $1.5M
(Feb 2023)
- Investors Count 3
All 1 funding rounds of Inkle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2023 | $1.5M | Seed | – | Force Ventures, Saison Capital | – |
3 investors in total: 3 institutional.
Investors in Inkle
Inkle has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Force Ventures, Saison Capital and Picus Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and debt firm focused on pre-seed to series A stage companies | 2021 | forceventures.in | Bengaluru, India | |
Venture capital firm focused on pre-seed to series B stage companies | – | saisoncapital.com | Singapore, Singapore | |
Venture capital firm focused on early stage healthcare, renewable energy, real estate, finance, and multiple businesses | – | picuscap.com | Munich, Germany |
Investor details for Inkle
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Inkle India Private Limited (Inkle)
Inkle India Private Limited is the primary company behind Inkle. The board of Inkle India Private Limited currently have 2 directors; the longest-serving is Shilpa Bhat, appointed in 2022. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shilpa Bhat DIN 09218548 | Director | 27 Sep 2022 | 4 yrs | Inkle India Private Limited |
| Ranvir Singh DIN 09768153 | Director | 18 Oct 2022 | 3 yrs 11 mo | Inkle India Private Limited |
People of Inkle
12 people are tracked at Inkle (4 in leadership, 8 in team); the tracked headcount is 27.
| Name | Role | Group |
|---|---|---|
Joseph Humfrey | Co-Founder | Leadership |
Anand Krishna | Co-Founder & CEO | Leadership |
| Co-Founder & CTO | Leadership | |
Ankita Bansal | Head Of Product | Leadership |
Anjana P U | Customer Success - Revenue & Strategy | Team |
Nanda Kishor Palei | Software Engineer | Team |
Aditi Aggarwal | Management | Team |
Swapnil Sinha | Senior Software Engineer | Team |
Sandeep Yadav | Senior Software Engineer | Team |
Atulya Singh | Product Designer | Team |
Arjun Mehta | Growth | Team |
Jawakar D. | Engineering Lead | Team |
Complete people profiles for Inkle
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Inkle
Figures of Inkle India Private Limited, the primary company behind Inkle, for FY 2024. Revenue was ₹5.88 Cr (+178% year on year). Net loss was -₹43.1 Lakh (-7% margin). EBITDA was -₹41.5 Lakh (-7% margin).
- ₹5.88 CrRevenue · FY 2024 · +178% YoY
- -₹43.1 LakhNet loss · -7% margin
- -₹41.5 LakhEBITDA · -7% margin
- ₹10,000Paid-up capital
- 27Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Inkle India Private Limited are on its company page.
Detailed financial statements for Inkle
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Inkle
2 dated milestones of Inkle across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Inkle is founded.
- Funding First funding round of $1.5M.
Competitors of Inkle
Inkle operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Intuit, Visma, Xero, Wave and FreshBooks, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| intuit.com | 1983 | Mountain View, United States | $49.62M | 18,800 | Financial and accounting software is developed for businesses and individuals. | |
| visma.com | 1996 | Oslo, Norway | $198.09M | – | Cloud-based ERP software is provided for business management across segments. | |
| xero.com | 2006 | Wellington, New Zealand | – | 347 | Cloud-based accounting and payment management is offered for small businesses. | |
| waveapps.com | 2010 | Toronto, Canada | $82.4M | – | Web-based accounting software is offered for business use. | |
| freshbooks.com | 2003 | Toronto, Canada | $153.75M | 613 | Cloud-based invoicing and accounting software is offered for businesses. | |
| clear.in | 2011 | Bengaluru, India | $140.42M | – | Technology-enabled accounting and finance solutions are offered for SMBs. | |
| freeagent.com | 2007 | Edinburgh, United Kingdom | $21.89M | 264 | Cloud-based accounting software is provided for small businesses and freelancers. | |
| kyriba.com | 2000 | San Diego, United States | $160.68M | 334 | Cloud-based treasury automation and risk management solutions are provided. | |
| found.com | 2019 | San Francisco, United States | $118.75M | 35 | Accounting and bookkeeping solutions are provided for small businesses. | |
| myob.com | 1991 | Cremorne, Australia | – | – | Cloud-based accounting and ERP software is provided for businesses. |
Detailed competitors of Inkle
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Inkle
The website of Inkle (inkle.io) receives about 16.7K visits a month.
- Monthly visits16.7K
▲ 5.1% vs previous month
Websites whose visitors overlap most with Inkle. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| zeni.ai | 100% | 95.8K | #379,941 | View details | |
| gsquaredcfo.com | 100% | – | #1,642,073 | View details | |
| decimal.com | 91% | 9.5K | #2,448,615 | View details | |
| finzly.com | 86% | 12.4K | #1,994,459 | View details | |
| simpleclosure.com | 85% | 18.4K | #1,345,106 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 24 similar websites and full traffic analytics for Inkle
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 24 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Inkle
Complete news archive for Inkle
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Inkle
10 companies that operate in the same segment as Inkle (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about Inkle
Inkle was founded in 2011 and raised its 1st funding round 12 years after it was founded.
Inkle is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Anand Krishna is the current CEO of Inkle. They have also founded this company.
Inkle is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Seed of $1.5M, raised on Feb 2023.
Inkle has 27 employees.
The primary company behind Inkle, Inkle India Private Limited, reported revenue of ₹5.88 Cr for FY 2024, up 178% year on year.
Inkle offers automated accounting and tax filing solutions tailored for US startups. Services are delivered through AI-driven tools and expert support, covering bookkeeping, federal and state tax filings, sales tax automation, and virtual mailbox services. The platform is designed to ensure compliance with regulatory deadlines while simplifying financial management for modern founders. Additionally, solutions are provided for accountants to streamline workflows and enhance client satisfaction. The company serves over 500 US startups, including a notable percentage of Y Combinator companies, across various sectors.
Inkle offers Inkle Books, Inkle Tax, Inkle Sales Tax, and Inkle Mailroom.
Inkle has 3 investors. Key investors include Force Ventures, Saison Capital, and Picus Capital.
Inkle operates through Inkle India Private Limited.
The legal entities of Inkle currently have 2 directors, including Shilpa Bhat, Ranvir Singh.