Folklore Ventures
Folklore Ventures
19
companies
43
Jobs

Founding Engineer to help build the world’s first tax-focused LLM 🌎 (customers incl. Runway AI)

Sphere

Sphere

Software Engineering, Customer Service, Data Science
San Francisco, CA, USA · San Francisco, CA, USA
Posted on Sunday, June 30, 2024
We’re looking for a founding engineer at Sphere!

About Sphere

Sphere helps US software companies manage their global sales tax / VAT / GST compliance requirements.

Companies like Runway AI choose our platform because we’re the only product that offers true global coverage, is easy to implement and reasonably priced.

  • We're growing rapidly (20%+ MoM revenue growth) and have signed customers like Runway AI, Sierra AI, Taktile + many more
  • We're building the world's first tax-focused LLMs (which we believe will be the foundation for a broader cross border compliance platform; think Deel for international billing)
  • We're well funded by Felicis Ventures and the founders of Flexport, Lyft, Betterup, Go1 and Xendit

Why this is a massive opportunity

🌍 The market is enormous: This is a ‘need to have’ solution for every business around the world once they hit a certain stage. It’s becoming increasingly hard to ignore (see below) and if businesses don’t collect and remit indirect tax, they end up paying for it out of pocket later.

🌬️ Strong macro tailwinds: Businesses are going global earlier and earlier and they’re not equipped to deal with cross border compliance. Additionally, tax authorities are clamping down on cross border tax compliance which means demand for this solution will continue to grow (e.g. EU forcing payment processors to hand over tax evaders from April 1, 2024).

✨ AI can change the game - a lot of processes related to tax compliance / research have been extremely manual and cumbersome to date. That’s why incumbents like Avalara, Vertex (and newer players like Anrok) haven’t been able to move outside the US. We think LLMs can change that.

🔮 Product vision: We believe that tax-focused LLMs will be the foundation of a broader cross border compliance platform that help businesses go global from day 1. We want to be the Deel for international billing.

What You Will Do

  • Build out our AI-powered tax engine which involves collecting, monitoring and processing tax rate and legislation data across the world
  • Help build out the Sphere’s web app including functionality around tax monitoring, registration, calculation, filing and remittance

What We Are Looking For

A founding engineer with:

  • Strong full stack expertise (Django/Python, Nextjs/React) and an interest in LLMs (prior AI experience not strictly necessary)
  • Early stage experience - a desire to own something from the early stages and grind
  • Ideally some background in the fintech realm
  • A desire to work in person in our office in SF