Sphere
About Sphere
Sphere provides a fully managed solution for global indirect tax compliance, automating registration, calculation, filing, and remittance for sales tax, VAT, and GST. By integrating with payment systems and local tax authorities, Sphere ensures businesses meet their compliance obligations efficiently and accurately.
```xml <problem> Global businesses face significant challenges in managing indirect taxes like sales tax, VAT, and GST due to varying regulations, nexus thresholds, and compliance requirements across different jurisdictions. Manually tracking these obligations and filing returns is time-consuming, error-prone, and can lead to penalties for non-compliance. </problem> <solution> Sphere offers a fully managed, automated solution for global indirect tax compliance, streamlining the entire process from monitoring nexus thresholds to filing and remitting taxes. The platform integrates with existing payment systems and directly connects with local tax authorities worldwide, ensuring businesses accurately calculate and remit the correct amount of tax in each jurisdiction. By automating registration, calculation, filing, and remittance, Sphere eliminates the complexity of indirect tax management, freeing up resources and minimizing the risk of errors or penalties. The system provides real-time monitoring of tax regulations and automates the registration process when nexus thresholds are met. </solution> <features> - Automated nexus monitoring to identify when and where businesses need to register for indirect tax. - One-click registration process that handles government portals and submissions. - Integration with existing payment systems for real-time tax calculation at the point of purchase. - Automated filing and remittance of indirect taxes to the relevant authorities. - Global coverage, monitoring tax regulations and integrating with local tax authorities worldwide. - Developer-friendly API for seamless integration with existing systems. </features> <target_audience> Sphere primarily targets global software and SaaS businesses that need to manage indirect tax compliance across multiple jurisdictions. </target_audience> ```
What does Sphere do?
Sphere provides a fully managed solution for global indirect tax compliance, automating registration, calculation, filing, and remittance for sales tax, VAT, and GST. By integrating with payment systems and local tax authorities, Sphere ensures businesses meet their compliance obligations efficiently and accurately.
Where is Sphere located?
Sphere is based in San Francisco, United States.
When was Sphere founded?
Sphere was founded in 2024.
How much funding has Sphere raised?
Sphere has raised 4300000.
Who founded Sphere?
Sphere was founded by Nicholas Rudder.
- Nicholas Rudder - Co-Founder/CEO
- Location
- San Francisco, United States
- Founded
- 2024
- Funding
- 4300000
- Employees
- 15 employees
- Major Investors
- Y Combinator, Felicis, Pioneer Fund, Uncommon Capital, Folklore Ventures