Black Ore
“Can AI fully automate tax preparation for CPA firms and become the AI infrastructure layer for financial services?”
Founded2022
HQAustin, Texas, United States
Total raised$60M
Latest roundSeed, 2023
IndustryVertical SaaS / Tax & Accounting
The story
Black Ore was founded in 2022 as an AI-native platform for financial services, launching first into tax preparation for CPA firms. Its flagship product, Tax Autopilot, combines LLMs with federal and state tax code to automate 1040 preparation end-to-end. The company positions itself as 'AI infrastructure for financial services' — starting with tax but with a broader ambition to automate execution across financial workflows.
Product timeline
2022
Company founded in Austin, Texas as an AI platform for financial services.· founding
2023
Emerged from stealth with $60M seed round led by Oak HC/FT; launched Tax Autopilot for CPAs.· launch
2026
Hosted AI Tax Summit at Nasdaq Tower; expanded product roadmap to 1041, 1065, and K1/K3 automation.· product
The stack
2 layers disclosed in Black Ore’s embedded-finance stack
Money movement
Accounting
in the full report
Accounting gap: none
9 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.