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Invopop

Invopop

We help global software companies comply with local tax reporting

Invopop helps global software companies comply with local tax reporting requirements. We offer an API that records every sale and reports it to the appropriate tax authority in the right format. In the last years, +15 countries have started to require businesses to report to tax authorities every sale, in real-time (e.g., India, Mexico, Brazil). This regulatory trend is catching up, as +20 countries will introduce this new regulation in the next 3 years (e.g., Germany, France, Australia, China). We help companies comply with this.

Invopop
Founded:2021
Team Size:6
Location:Madrid, Spain
Group Partner:Michael Seibel

Active Founders

Juan Moliner Malaxechevarría

Spanish-born, Industrial Engineer and ex-BCG.

Juan Moliner Malaxechevarría
Juan Moliner Malaxechevarría
Invopop

Sam Lown

Software developer. CTO Founder of Cabify, Spain's first tech unicorn.

Sam Lown
Sam Lown
Invopop

Company Launches

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!