Anrok

Anrok specializes in automating sales tax compliance for Software as a Service (SaaS) companies. Operating in the financial technology sector, Anrok serves businesses that need to manage complex sales tax requirements across various jurisdictions. The platform integrates seamlessly with billing systems like Recurly to provide real-time sales tax calculations, ensuring that invoices are accurate and compliant with local tax laws. Anrok's business model is subscription-based, charging clients for access to its tax automation services. This model allows the company to generate recurring revenue while providing ongoing value to its clients. By automating the sales tax process, Anrok saves its clients countless hours each month, reduces the risk of non-compliance, and allows businesses to focus on growth rather than administrative tasks. The company has attracted significant investment, including a $30 million Series B round led by Khosla Ventures, highlighting its rapid growth and the increasing demand for its services.

Keywords: sales tax automation, SaaS, compliance, real-time calculations, financial technology, subscription model, Recurly integration, tax compliance, investment, growth.