What is onShore?
Founded in 2020, Onshore (formerly SPRX) operates at the intersection of artificial intelligence and corporate tax compliance. The platform provides a comprehensive suite of services designed to help businesses unlock, optimize, and defend complex financial incentives, including R&D Tax Credits, 179D Deductions, and Cost Segregation studies. By leveraging AI to automate the data-heavy requirements of tax filings, Onshore reduces the administrative burden on enterprises while ensuring higher accuracy and compliance. The company serves a diverse range of industries, positioning itself as an essential partner for CFOs and tax departments looking to maximize their financial efficiency through technology-enabled oversight.
How much funding has onShore raised?
onShore has raised a total of $31M across 1 funding round:
Series B
$31M
Series B (2026): $31M with participation from Restive Ventures, Vertex Ventures US, Y Combinator, ADP, and FPV Ventures
Key Investors in onShore
Restive Ventures
Restive Ventures is a specialized venture firm focused on early-stage fintech companies, providing both capital and deep operational expertise to help founders scale rapidly.
Vertex Ventures US
Vertex Ventures US is an early-stage VC firm that supports innovative founders in building a smarter digital economy through B2B software and infrastructure solutions.
Y Combinator
Y Combinator is a premier startup accelerator that provides seed funding and mentorship to high-growth technology companies, acting as a catalyst for early-stage development.
What's next for onShore?
With the successful closure of this major enterprise-level funding, Onshore is poised to accelerate its product development roadmap and broaden its market reach. The strategic focus will likely center on enhancing the platform's AI capabilities to handle increasingly complex regulatory environments and expanding its footprint within the enterprise SaaS ecosystem. As the company moves beyond its initial growth phase, the focus will shift toward deepening its integration with existing human capital management and payroll systems, potentially leveraging its existing investor network to drive adoption. The capital will also support the scaling of its expert-led service teams, ensuring that the human-in-the-loop model remains a core differentiator as the company scales its client base.
See full onShore company page
