The burgeoning intersection of Artificial Intelligence and financial technology has received a significant capital injection as Prosperr.io, a Bengaluru-based fintech startup, successfully closed a $4 million seed funding round to accelerate its vision of creating an AI-driven, 'always-on' financial management infrastructure. The investment, led by Jungle Ventures, also saw participation from Yatra Angel Network and Sadev Ventures, bringing the company's total funding to approximately $5.55 million since its incorporation in 2022.[1][2] This latest funding round valued the company at an estimated post-money valuation of about $15.6 million (Rs 140 crore), underscoring strong investor confidence in the future of AI-powered financial compliance and optimization.[1]

The fresh capital is earmarked for a multi-pronged strategy focused on strengthening the company’s core technology, scaling its business-to-business (B2B) sales, and strategically expanding its product suite into adjacent financial services, most notably wealth management.[1][3] Founded by Manas Gond and Dev Kumar, Prosperr.io's foundational offering is a subscription-based platform designed to simplify tax planning and compliance for both salaried individuals and enterprises across the Indian market.[1][3] The co-founders aim to position the platform as the singular, subscription-based solution for a salaried individual’s daily financial needs, encompassing both taxation and wealth planning.[1] The company had previously secured a $1.55 million pre-seed round in June 2024, led by prominent Silicon Valley angel investor Gokul Rajaram.[1][2]

At the core of Prosperr.io’s disruptive model is its proprietary AI-driven platform, which moves beyond traditional, periodic tax filing to offer real-time financial monitoring and optimization.[4][5] For individual users, its flagship 'Super Saver Plan' provides an always-on taxation engine that tracks income and spending automatically, leveraging a state-of-the-art data model to calculate real-time tax liability and proactively suggest personalized strategies for maximizing eligible tax savings and ensuring compliance.[4][6][7] The AI solution employs an in-house Retrieval-Augmented Generation (RAG) model, which is trained specifically on each user's unique financial persona and the applicable tax law, allowing the platform to predict year-end tax liability and generate highly personalized, compliant tax-saving recommendations.[7] This system significantly reduces the time and cost associated with traditional chartered accountant services, offering real-time tax alerts and unlimited access to expert advisors as part of its subscription model.[4][5] This deployment of RAG technology in financial infrastructure signifies a key advancement in the AI industry's push toward hyper-personalized, regulatory-compliant digital advisory services.

On the enterprise side, the startup has developed solutions that simplify and automate corporate tax operations and employee benefits.[2][8] Its offerings include tools for automating employee tax benefits, reimbursement solutions, and compliance workflows, thereby reducing manual processing overhead and regulatory risk for businesses.[2] A notable recent addition to this suite is an AI-driven reimbursement product that addresses the growing complexity of corporate tax operations, demonstrating the company’s commitment to infusing artificial intelligence into every layer of the tax and financial infrastructure.[1][2] This enterprise-focused approach also serves a dual purpose, as Prosperr.io plans to leverage these corporate partnerships to drive user acquisition for its consumer business, creating a synergistic growth loop.[1] The company has already demonstrated strong market traction, claiming a headcount of around 150 employees, an 80% retention rate among individual users, and full retention across its enterprise client base, with employees from over 1,500 companies currently utilizing the platform.[1][6]

The strategic pivot towards wealth management represents a significant expansion and a natural progression for a platform that has already mastered a user's tax profile.[1][2] The rationale behind this expansion is the recognition that taxation is intrinsically linked to wealth creation, and an AI that can manage a user’s tax liability is perfectly positioned to guide their investment decisions.[1] To solidify this expansion, Prosperr.io has already secured an Asset Management Company (AMC) license and is registered as a SEBI investment adviser.[1] The platform currently offers mutual fund products and has stated plans to rapidly expand its wealth management suite to include equity and bond investments.[1] This integrated approach allows the platform to offer tax-aware investing, where AI can recommend investment vehicles not just based on financial returns, but also on how they will optimize a user’s overall tax liability, a highly complex and sought-after form of financial advice. With approximately 25% of its consumer users already engaging with its nascent wealth management offerings, the company is demonstrating early validation for its holistic financial subscription model.[1]

The successful fundraising and subsequent scaling plans place Prosperr.io firmly within the cohort of fintech players driving the AI revolution in finance. The use of sophisticated deep-tech products like RAGs to parse and act upon complex, ever-changing tax laws for individual and corporate compliance signals a shift from purely transactional financial services to ongoing, personalized financial management infrastructure. As Rishab Malik, a partner at Jungle Ventures, noted, taxation remains an "under-innovated layer of financial infrastructure," and the complexity of modern income streams only compounds the problem, making AI-driven solutions essential.[1] By coupling a robust AI-powered tax engine with a newly established wealth management arm, Prosperr.io is moving to create a comprehensive, single-point solution that transforms traditionally fragmented financial tasks into an automated, subscription-based service. This model has profound implications for the AI industry, proving that advanced generative AI models can be trained and deployed for high-stakes, regulatory-intensive tasks, paving the way for a future where a user’s entire financial lifecycle is managed by an intelligent digital assistant. The company’s trajectory is a case study in how AI is enabling fintech startups to create all-in-one platforms that are highly defensible due to deep integration with a user's most sensitive financial data.