K1x provides a patented AI‑driven SaaS platform that automates the extraction, validation, and digital production of private‑market tax forms such as K‑1s, 1099s, W‑2s, and 990s. The solution integrates with existing tax, accounting, and ERP systems via open APIs and customizable reports, reducing manual effort by up to 90% and enabling firms to scale high‑volume filings while maintaining compliance.
Funding
$20M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Accounting firms, fund administrators, and tax‑exempt organizations must manually extract, validate, and distribute data from K‑1, 1099, W‑2, and 990 forms, a process that is time‑consuming, error‑prone, and limits capacity to handle high volumes of private‑market tax filings.
Solution
K1x offers a patented AI‑driven SaaS platform that automates the end‑to‑end workflow for private‑market tax forms. The system ingests scanned or electronic forms, extracts key data fields with high accuracy, validates the information against tax rules, and produces structured, digital outputs ready for integration with tax software, ERP systems, or custom APIs. Users can generate and distribute standardized K‑1s, 1099s, W‑2s, and IRS‑approved 990 filings at scale, reducing manual effort by up to 90 %. The platform is vendor‑neutral, allowing firms to retain their existing tax‑tech stack while adding AI‑powered automation. Built‑in reporting and API access enable downstream analytics, compliance monitoring, and seamless data exchange with investors, advisors, and regulatory bodies.
Target Audience
Primary customers are accounting firms, fund administrators, family offices, and tax‑exempt organizations that process large volumes of private‑market tax forms and require automated, compliant data workflows.
Features
- AI‑based extraction engine that captures data from over 400 tax forms across 47 state and federal jurisdictions in minutes
- Automated validation rules and compliance checks that flag inconsistencies before filing
- Digital K‑1, 1099, W‑2, and 990 production with customizable templates and bulk distribution capabilities
- Open APIs and XLS export tools for integration with existing tax, accounting, and ERP platforms
- Role‑based access control and audit trails to meet security and regulatory requirements
- Scalable SaaS architecture with multi‑year licensing options and dedicated implementation support