How Much Did Sarus Raise?
Funding & Key Investors

Sarus, a specialist in Indirect Tax Technology Automation, has secured $150K in total capital, with its most recent funding round bringing in $150K in a major strategic investment. This significant backing underscores the company's established position and its ongoing efforts to streamline complex tax processes for large enterprises.

What is Sarus?

Sarus
SoftwareFinancial SoftwareBusiness Services

Founded in 2006, Sarus Inc. provides comprehensive indirect tax technology automation and managed services. The company's solutions cover sales and use tax, VAT, GST, and excise tax, offering implementation, support, and exemption certificate management. Sarus has become a trusted partner for Fortune 500 companies, simplifying and accelerating tax automation through innovative tools like its Rapid Testing Tool, designed to enhance efficiency for tax professionals.

How much funding has Sarus raised?

Sarus has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Sarus

PPP

Public-Private Partnership

What's next for Sarus?

With a substantial capital infusion indicated by its $150K in total funding and a recent strategic investment of $150K, Sarus is well-positioned for its next phase of growth. This late-stage funding suggests a focus on scaling operations, expanding market reach, and potentially further developing its technology to address evolving global tax regulations. The company's established client base among Fortune 500 firms provides a strong foundation for continued expansion and innovation in the indirect tax automation sector.

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Frequently Asked Questions Regarding Sarus Financial Insights

What are the most recent funding rounds that Sarus has completed, and what were the funding rounds?
Sarus has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Sarus has raised to date?
Sarus has raised a total of $150K in funding to date.
How many funding rounds has Sarus completed?
Sarus has completed 1 funding rounds.
How much funding did Sarus raise in its most recent funding round?
Sarus raised $150K in its most recent funding round.
Who are the lead investors in Sarus's latest funding round?
The lead investor in Sarus's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Sarus's history?
The largest funding round in Sarus's history was $150K.
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