Sphere Analysis
What is Sphere?
Sphere provides software for indirect tax compliance across sales tax, VAT, and GST. It describes itself as the only AI-native tax engine, with automation for registration, calculation, filing, and remittance. The company says its platform serves fast-growing firms operating across more than 100 tax authorities.
Location
San Francisco, United States
Employees
11-50
Founded
2021
Product Features & Capabilities
- global tax compliance, sales tax management, VAT compliance, GST compliance, tax calculation, tax filing, tax remittance, jurisdiction registration, AI-enabled tax technology, integration with billing systems, automated tax processes, expert tax support
Pricing
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Basic Plan:
- Less than 10 regions
- $100 / REGION / MONTH
- Includes monitoring, registration, calculation, and filing
- Includes back tax calculations
- Slack support 24/7
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Growth Plan:
- 10+ regions
- Custom pricing
- Everything in Basic
- Dedicated account manager
- CPA on demand
Investors
- Sundeep Ahuja
- Pale Blue Dot
- Backbone Angels
- Lunch Partners
- TCap Private Equity
- Abhay Kumar
Market Focus
Sphere primarily focuses on the tax compliance industry, providing an AI-enabled platform for managing global tax processes such as sales tax, VAT, and GST for businesses of all sizes.
Competitors Overview
Sphere's main competitors in the global tax compliance market include:
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Kintsugi:
- Overview: Kintsugi specializes in sales tax automation for businesses globally. It offers a platform that simplifies tax compliance processes.
- Key Features:
- One-click sales tax registration across multiple jurisdictions.
- Real-time sales tax calculation at the point of sale.
- Automated tax filing with advanced reporting features.
- Advantages: Kintsugi provides a free plan for monitoring tax nexus and liabilities, and it is known for its real-time support and affordable pricing, making it suitable for growing businesses.
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TaxCloud:
- Overview: TaxCloud has been simplifying sales tax compliance across the U.S. for over 15 years, processing over a million orders monthly.
- Key Features:
- Accurate sales tax calculations across all U.S. jurisdictions.
- Automated tax reporting and filing.
- Native integrations and developer API for seamless operation.
- Advantages: TaxCloud focuses on ensuring accuracy in tax collection and filing, which helps businesses stay ahead of their economic nexus exposure.
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TaxJar:
- Overview: TaxJar is a cloud-based platform that automates sales tax compliance for over 20,000 businesses.
- Key Features:
- Automation of sales tax compliance across 11,000 jurisdictions.
- Integration with e-commerce and ERP platforms.
- High-performance sales tax engine with over 99% accuracy.
- Advantages: TaxJar is recognized for its reliability and performance, providing businesses with tools to reduce errors and missed deadlines.
Notable differences include Kintsugi's focus on real-time analytics and proactive alerts, TaxCloud's extensive jurisdiction coverage, and TaxJar's high accuracy and integration capabilities.
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