Soraban, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Soraban, Inc. - overview

Established

2019

Location

Tempe, AZ, US

Primary Industry

Software

About

Soraban, Inc. , based in the US, specializes in AI solutions that enhance the efficiency of accounting firms by automating administrative tasks and improving client communication. Founded in 2019 in Tempe, Arizona, Soraban, Inc. focuses on delivering innovative technology solutions for accounting firms.


The company has executed one significant deal as of August 12, 2025, during which it raised a Series A funding round led by Altos Ventures. Soraban specializes in providing AI-powered solutions designed specifically for modern accounting firms, addressing key challenges such as tedious administrative tasks and inefficient communication with clients. The company's core product offerings include an AI-powered copilot and various automation tools that optimize processes like document collection, tax form completion, and client communication. These tools enable firms to create customized questionnaires that automatically remind clients to submit required documents via SMS, email, or voicemail, while also converting all uploads into a standardized PDF format.


Soraban's solutions are primarily aimed at professional accounting firms across the United States, Canada, and the United Kingdom, enhancing client experiences by offering a seamless, branded platform for document management and communication. Soraban operates on a revenue model primarily based on transaction fees linked to its suite of services, which includes automated document collection, tax form automation, and client management tools. Clients typically pay for active engagements, with pricing structured around the number of tax returns processed. For instance, the company has established pricing tiers that charge USD 20 per return for a minimum purchase of 150 returns, with additional plans offering different rates based on volume.


This B2B model facilitates direct transactions between Soraban and accounting firms, allowing clients to only pay for the services they actively use. The pricing structure is designed to align with the needs of accounting firms, enabling them to scale their usage of Soraban’s services as their client base grows. Soraban is focused on expanding its product offerings and entering new markets. They are currently developing additional AI-driven tools aimed at further automating the accounting process, with planned releases set for late 2025.


The company is also looking to enter the European market by the end of 2026. The recent Series A funding raised in August 2025 will support these initiatives, enabling Soraban to enhance its technological capabilities and establish a presence in new geographical regions.


Current Investors

Altos Ventures

Primary Industry

Software

Sub Industries

e-Financial, Accounting/Finance Software

Website

www.soraban.com

Verticals

Artificial Intelligence, FinTech

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.