As businesses scale beyond their home markets, managing indirect taxes such as VAT, GST, and Sales Tax becomes one of their most complex and time-consuming operational challenges. Every jurisdiction has its own filing requirements and deadlines, which often change with little notice. In addition, tax authorities worldwide are intensifying their scrutiny of cross-border compliance, which is why Yonda Tax automates global tax compliance from start to finish, ensuring businesses remain fully compliant as they expand across borders.

Yonda Tax has grown over 100% YoY, and headcount has more than doubled over the past 12 months as it expands globally, highlighting strong market demand for accurate, personalised tax support for growth businesses. Around 60% of clients are based in the US, with growing customer bases in the UK, Australia, Canada, and Singapore. The platform serves a wide range of clients, from eCommerce brands selling through Shopify and other platforms, to high-growth SaaS and AI companies.

Gareth Kobrin, Co-Founder of Yonda Tax, said: “We started Yonda after seeing founders do everything right, yet still get tripped up by the nightmare of international tax. So we built Yonda as the partner we wish they’d always had, leveraging decades of accountancy expertise to create a personal, highly accurate technology that takes tax off their plate so they can focus on building. After years of bootstrapping, working with Kennet has been a natural fit from the start and validates all the hard work we’ve achieved. We are incredibly excited to be able to support even more of the world’s most promising young companies.”

Hillel Zidel, Managing Director of Kennet Partners said: “Yonda Tax is an exceptionally promising business, combining a clear market need with an experienced team and a product that solves a complex global challenge. Unlike many competitors who take a “tech first” approach, Yonda positions itself as a “tax-first, tech-second” company, a genuine partner rather than a cold SaaS product. That combination breeds accuracy and trust that stands out in this space, and it’s why we are proud to be their first institutional investor and to support their next stage of global expansion.”

Yonda Tax also differentiates itself through its subscription-based pricing model. Unlike many competitors who charge variable fees based on transaction volume or require annual contracts that scale with company growth, Yonda offers a fixed monthly fee based on the number of regions a client files in. This approach provides businesses with predictable, transparent costs so they can focus on scaling their business.

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