Invopop
We help global software companies comply with local tax reporting
Hey YC! 👋
We are Sam and Juan, co-founders of Invopop, and we are on a mission to simplify Sales Tax/VAT compliance, globally.
🧨 The problem: new sales reporting requirements
Tax authorities around the world are starting to require that companies report every sale, in real-time for tax recording purposes. Yes, every single transaction, in real-time (i.e. electronic invoicing)
This is already required in most LatAm countries and India, and the majority of European countries are making it mandatory in the next 1-3 years.
🎉 Our solution: one API, global compliance
Our API receives the information of a sale in a simple open-source format and converts it to a locally-compliant invoice, including
- Sync with tax authorities reporting requirements (e-invoicing).
- Generate a custom-branded PDF invoice and send it to customers.
- Integrate with the company’s stack (e.g. ERP, billing, payments, reconciliation).
Invopop is already live in Colombia, Spain & Portugal. Many more coming soon: Mexico, Italy, Peru…
🚀 Why we built Invopop
Sam was previously co-founder & CTO of Cabify, and as they expanded to LatAm, complying with the e-invoicing requirements became a nightmare. As he could not find a global provider to solve this, he built Invopop.
Juan worked as a consultant in Mexico and was blown away by how complex the e-invoicing system was. When he learned this is becoming mandatory in Europe, he knew Invopop was needed!
🙏🏼 Ask
If you want to make sure your company complies with the new regulation: Schedule a demo with us here!