Palm offers an API‑driven identity fabric that creates a portable, verified business identity by aggregating data from authoritative sources such as the IRS, state licensing agencies, and FinCEN. The service continuously refreshes business attributes and provides automated filing tools for compliance tasks, enabling platforms and developers to embed real‑time verification and statutory document submission into their applications. Pricing starts with a free tier and scales with a subscription model for higher‑volume or expedited filing needs.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses and platforms must repeatedly verify company information across fragmented sources, leading to duplicated effort, missed regulatory signals, and time‑consuming manual compliance tasks such as filing annual reports, permits, and tax documents.
Solution
Palm provides a unified “identity fabric” that creates a portable, verified business identity once and makes it reusable across any platform. By aggregating data from authoritative sources (e.g., IRS, state licensing agencies, FinCEN) and continuously updating it, Palm ensures that business attributes remain current without manual intervention. The service is exposed via a RESTful API, allowing developers to embed real‑time verification, compliance checks, and automated filing workflows directly into their applications. Palm also offers turnkey filing tools—including annual report, BOIR, and lien monitoring—that submit documents to government agencies on behalf of the user. Pricing starts free with a pay‑as‑you‑scale model, and a $49 per‑year per‑business plan adds expedited filings and automatic state/federal submissions.
Target Audience
Primary customers are small‑to‑mid‑size businesses and SaaS platforms that need reliable, automated compliance and identity verification, as well as developers and accountants building compliance solutions for their clients.
Features
- API‑driven verification of business identities using aggregated data from IRS, state permits, licenses, FinCEN, and other authoritative sources
- Continuous attribute refresh (updated every ~6 days) to keep compliance data current without manual effort
- Portable Palm ID that can be shared across platforms, reducing duplicate verification processes
- Automated filing services for annual reports, BOIR, lien monitoring, and other statutory documents with expert review
- Integration connectors for accounting software such as QuickBooks and for developer ecosystems via SDKs
- Pay‑as‑you‑scale pricing with a free tier and a $49 per‑year per‑business plan that includes expedited filings and automatic state/federal submissions