Black Ore is an AI-powered tax preparation platform designed specifically for Certified Public Accountants (CPAs). Its flagship product, Tax Autopilot, automates the preparation of 1040 tax forms, enabling tax professionals to streamline their workflows and focus on strategic aspects of their practice. By leveraging advanced AI and machine learning algorithms, Black Ore ensures accurate and efficient tax preparation, reducing the time and effort traditionally required for these tasks.
Founded in 2022 by Eyal Shinar and Pavel Kapovski, Black Ore has quickly gained recognition in the financial services industry. In November 2023, the company emerged from stealth mode, announcing $60 million in financing led by prominent investors such as a16z and Oak HC/FT. This funding is being utilized to onboard new customers, expand the team, and accelerate the development of additional AI products across financial services. Black Ore’s platform is SOC-2 compliant, ensuring data security and compliance with industry standards.
