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Prophit.ai leverages machine learning to address the complexities of sales and use tax compliance, specifically focusing on preventing overpayments on tax-exempt purchases. The platform analyzes…

Prophit.ai leverages machine learning to address the complexities of sales and use tax compliance, specifically focusing on preventing overpayments on tax-exempt purchases. The platform analyzes…
Product: AI/ML platform for sales & use tax compliance (historical refund analysis + prevention)
Headquarters: Cleveland, Ohio
Founders / Leadership: Founder/CTO Rob van Haaren; CEO Austin Murray, Esq.
Employee count: 4
Known funding: Convertible note / Pre-seed activity (Dec 2019–Jan 2020), ~$80k reported
Sales & use tax compliance for U.S. corporations (preventing overpayments and reclaiming refunds).
2019
FinTech / RegTech (tax compliance)
$30,000
Reported Dec 2019 seed-style event
80000.00 USD
Convertible note dated Jan 15, 2020; profiles list multiple early investors including Forum Ventures, Right Side Capital Management, gbeta, and Innovation Fund Northeast Ohio
“Investors reported include Forum Ventures, Right Side Capital Management, gbeta, and Innovation Fund Northeast Ohio”
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