Anrok Lands $55 Million Series C

<p><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; Anrok&comma; a global sales tax compliance platform powering the world&&num;8217&semi;s fastest-growing digital businesses&comma; announced a &dollar;55 million Series C funding round led by Spark Capital&comma; with participation from Sapphire Ventures and existing investors Khosla Ventures&comma; Sequoia Capital&comma; and Index Ventures&period; The round brings Anrok&&num;8217&semi;s total funding to over &dollar;100 million&period;<&sol;p>&NewLine;<p>Anrok currently serves over 3&comma;000 global finance businesses&period; Companies like Anthropic&comma; Cursor&comma; and Notion rely on Anrok to automate global tax compliance&comma; with comprehensive coverage across all countries and jurisdictions where businesses operate&comma; saving teams 90&percnt; of time on sales tax compliance every month&period;<&sol;p>&NewLine;<p>Anrok serves businesses across the entire digital economy—from AI companies and SaaS providers to e-commerce marketplaces and hardware businesses&period; With over 40&percnt; of the Forbes AI 50 relying on Anrok for tax compliance&comma; the company has achieved explosive growth and established itself as the leading solution for the world&&num;8217&semi;s most innovative technology companies&period;<&sol;p>&NewLine;<p>The global sales tax landscape is rapidly evolving&period; In the U&period;S&period;&comma; state rules continue to multiply&comma; while globally more than 100 countries now impose VAT or GST on digital products&period; Based on Anrok’s analysis of over 32 million monthly transactions&comma; companies experience explosive growth in filing requirements as they scale — jumping from 2 annual filings at under &dollar;1M revenue to 94&plus; filings at &dollar;50M&plus; revenue&comma; a staggering 47x increase&period; Meanwhile&comma; the percentage of revenue subject to taxation more than doubles from 20&percnt; to 51&percnt;&plus; as companies expand globally&comma; creating exponential complexity that manual processes simply cannot handle&period; Anrok is the only solution with full global compliance coverage across all jurisdictions and countries and a technology platform that combines AI-native automation with tax expertise&comma; helping finance teams stay compliant and ahead of constant regulatory change&period;<b><&sol;b><&sol;p>&NewLine;<p>Anrok is an AI-native company founded and built by technology veterans in AI and infrastructure software&comma; who brought together a team of global tax and accounting experts that innovate alongside partners and customers&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Knowing our tax compliance automatically scales with our billing allows us to focus on product development without diverting engineering resources to tax complexity&comma;” said Connor Solimano&comma; Business Operations and Strategy at Cursor&period;<&sol;p>&NewLine;<p>What sets Anrok apart is its approach to combining artificial intelligence with human expertise&period; While AI excels at routine tasks like document extraction and automation&comma; tax compliance is deterministic and requires thorough documentation for audit defense—making expert oversight of AI-generated results critical&period; Anrok&&num;8217&semi;s hybrid approach uses AI for workflow efficiency gains while keeping infrastructure and human experts in the loop for accuracy and assurance over results&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Global sales tax compliance has been broken for too long – it&&num;8217&semi;s one of those problems that gets exponentially harder as companies scale&comma;&&num;8221&semi; said Yasmin Razavi&comma; General Partner at Spark Capital&period; &&num;8220&semi;Anrok has built the first solution that actually scales with modern businesses&period; They understand that commerce is global &&num;8211&semi; you need to deeply understand local requirements to support modern commerce&period; We&&num;8217&semi;re excited to back this team as they become essential infrastructure for global businesses&period;&&num;8221&semi;<b><&sol;b><&sol;p>&NewLine;<p>The Series C funding will accelerate Anrok’s product partnerships&comma; fuel innovation in global sales tax compliance automation&comma; and support expanded R&amp&semi;D investments in AI to meet the needs of the world’s fastest-growing companies&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Anrok powers compliance for some of the fastest growing AI companies worldwide&comma;” concludes Michelle Valentine&comma; CEO and co-founder at Anrok&period; &OpenCurlyDoubleQuote;We’re building the tax infrastructure that can keep up with the pace and scale of their demand&comma; and allow customers to focus on growing their business across borders&period;”<&sol;p>&NewLine;

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