AI-based Mexican tax platform Heru raised a $6 million seed round led by Gradient Ventures, Google’s AI-focused venture fund.
The round was followed by SOMA Capital, GFC, Moving Capital, and Mike Shoemaker, Roofstock’s Chief Operating Officer, alongside continued support from Flourish Ventures and Magma Partners.
Heru leverages AI to automate thousands of rules and streamline the entire tax filing, retention, and reporting process.
The company’s technology provides customers with better financial planning tools and a holistic view of every financial transaction’s potential impact on their taxes.
Heru offers both a front-end solution and an embedded integration for companies or enterprises.
Heru will use its capital to expand its suite of products and to improve its core tax automation technology both for its end customers and business partners like Uber, Rappi, UberEats, Mercado Envios Extra (Mercado Libre), Cornershop, and Beat, amongst others.
The Mexican platform was co-founded by Mateo Jaramillo and Stiven Rodriguez in 2019 and raised a $1.7M pre-seed round back in December 2020.
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