The Founder Initiative
The Founder Initiative
Adam ODonnell
($30M raised) Kintsugi Founder, Jeff Gibson: Building “Boring” Fintech for Global Tax Compliance—Why Trust and Customer Support Win in Massive, Overlooked Markets
23 minutes Posted Apr 29, 2026 at 8:40 pm.
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Jeff Gibson, Founder of Kintsugi
https://www.linkedin.com/in/jeffgibsonsf/?utm_source=chatgpt.com
- Kintsugi, founded by Jeff Gibson, provides an AI-driven platform that automates global indirect tax compliance (VAT, GST, sales tax, etc.) for internet businesses, handling tax calculation, collection, and remittance.
- The company targets SMBs and mid-market companies selling online, offering a simple, automated solution to a complex, high-risk compliance problem, resulting in high customer retention and low churn.
- Kintsugi’s founding insight came from the realization that businesses were paying more for tax compliance than for billing solutions, and that the market was underserved, especially for SMBs and mid-market companies.
- The company raised a $2M pre-seed round in September 2023 from angels, Khyber Knights, and GC India, followed by an $18M Series A led by Vertex, with participation from Link Ventures and other notable VCs.
- Jeff emphasizes the importance of founder conviction, qualifying investors for deep understanding of the problem, and building trust with customers in a “boring but essential” fintech space.