Inkle

Cambridge, United States Founded: 2011 • Age: 15 yrs
Accounting and tax automation services are provided for US startups.
Annual revenue - Latest available
Total funding $1.5M 1 rounds
Employees 27 Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

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 as of April 05, 2024. 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 as on 05 Apr, 2024
  • Founders Joseph Humfrey, Anand Krishna
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Legal Name Inkle India Private Limited
  • Date of Incorporation 27 Sep, 2022
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.5 M (USD), Seed

    Feb 06, 2023

  • Investors
  • Employee Count
    27

    as on Apr 05, 2024

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Products & Services of Inkle

Inkle offers a comprehensive portfolio of products and services, including Inkle Books, Inkle Tax, Inkle Sales Tax, and Inkle Mailroom.

Product name locked
Category locked
Primary

Automated bookkeeping is provided for US startups efficiently.

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Tax filings are simplified with AI for startups.

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Sales tax registration and filing are automated effectively.

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Virtual mailbox services are offered for US startups.

People of Inkle

Headcount 10-50
Employee Profiles 11
Employee Profiles
People
Anjana P U
Customer Success - Revenue & Strategy
People
Nanda Kishor Palei
Software Engineer
People
Ranvir Singh
Co-Founder & CTO
People
Anand Krishna
Founder & CEO

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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.

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.

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Venture Fund
Investor Description Founded Year Domain Location
Venture capital and debt firm focused on pre-seed to series A stage companies
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Venture capital firm focused on pre-seed to series B stage companies
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Venture capital firm focused on early stage healthcare, renewable energy, real estate, finance, and multiple businesses
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Investor details for Inkle

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Investments & Acquisitions by Inkle

Investments
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Investment portfolio details for Inkle

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Financial Statements - Inkle

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Detailed financials for Inkle

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Inkle Comparisons

Inkle Primary company
Description
Accounting and tax automation services are provided for US s...
Location
Cambridge, United States
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
27
As of 2024
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Peer comparison for Inkle

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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 year HQ Location Description
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Financial and accounting software is developed for businesses and individuals.
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Cloud-based ERP software is provided for business management across segments.
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Cloud-based accounting and payment management is offered for small businesses.
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Web-based accounting software is offered for business use.
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Cloud-based invoicing and accounting software is offered for businesses.
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Technology-enabled accounting and finance solutions are offered for SMBs.
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Detailed competitors of Inkle

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Latest news on Inkle

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Complete news archive for Inkle

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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.

As of Apr 05, 2024, the latest employee count at Inkle is 27.

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's top competitors include Intuit, Visma and Clear.

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.

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