Anrok

Anrok specializes in automating sales tax compliance across financial stacks, enabling businesses to grow in any market. The company provides a global sales tax solution specifically tailored for SaaS companies. Anrok’s platform automates sales tax calculation, filing, and remittance, and integrates with various billing, payment, and HR systems. Key features include real-time tax calculation, automated compliance, exposure monitoring, and built-in filing, remittance, and reconciliation to simplify reporting. The platform supports both US sales tax and global VAT and GST, and offers no-code integrations with popular SaaS finance tools like NetSuite, QuickBooks, and Stripe. Additional features include VAT ID validation for international transactions, monitoring of economic and physical nexus in real time, sales tax reconciliation, exposure modeling, and tools for tracking the compliance impact of remote employees. Anrok’s platform is designed to handle the complexities of software billing models and remote teams, and offers a transparent pricing model with different packages based on company size and needs. Anrok has raised a total of $54.3 million in funding, including $30 million in a Series B round led by Khosla Ventures, $20 million in a Series A round co-led by Index Ventures and Sequoia, and $4.3 million in seed funding.