We are thrilled to announce that Yonda Tax, the leading indirect tax automation platform for growing businesses, has successfully closed a $15 million funding round. This milestone marks our first major institutional investment and represents a huge vote of confidence in our mission to deliver the best indirect tax solution in the market.
The round was led by Kennet Partners, with continued participation from NYO Capital and Portfolio Ventures, and will fuel further innovation across our platform and global expansion into new industries and jurisdictions.
Hear from our Co-Founder, Gareth Kobrin on the impact this fundraising can have on our growth and the value we provide our clients:
“As we continue to build the most trusted, accurate, and intuitive indirect tax solution available, this funding enables us to bring even more value to our clients. We couldn’t be more excited to grow alongside the incredible businesses that rely on us, helping them stay compliant and confident as they scale internationally. We’ve built Yonda to be more than just software. We’re a partner in our clients’ growth journeys and this funding will help us keep that promise, enhancing our capabilities so businesses of all sizes can scale with confidence.”
Looking Ahead
With this additional capital, we will:
- Expand product features and platform functionality
- Enter additional tax jurisdictions and industry verticals
- Strengthen client support and services worldwide
We remain committed to delivering unparalleled clarity, accuracy, and support, helping businesses navigate indirect tax with confidence as they scale their operations globally.
Transforming How Businesses Manage Indirect Tax
Managing indirect taxes, including Sales Tax, VAT, and GST, across jurisdictions is one of the most complex operational challenges for companies selling globally. Every market has unique rules, filing requirements, and deadlines, and staying compliant is critical for continued growth.
We eliminate this complexity by automating compliance end to end on a single, unified platform. From automated tax calculation and registration to filing and remittance, our solution gives businesses peace of mind and frees finance teams to focus on growth rather than compliance.
Need help getting ready? Reach out to us today. Let’s make sure your business is future-proof.