Onshore
Category: AI in Fintech
AI-native platform that automates corporate R&D tax credit and incentive analysis, replacing manual CPA workflows with intelligent automation. Onshore was founded in 2020. The company is led by Dominic Vitucci. Based in New York City, New York, United States. Team size: 101-500. Total funding raised: $46M. Latest round: Series B. Key investors include FPV Ventures, Vertex Ventures US, ADP Ventures, Y Combinator, Restive Ventures, Rebel Fund, PruVen.
- Founded
- 2020
- Headquarters
- New York City, New York, United States
- Team size
- 101-500
- Total funding
- $46M
Value proposition
AI-powered platform that completes R&D tax credit studies 90% faster than traditional methods, at 30-50% lower cost, while identifying ~15% more eligible credits — with full audit-ready documentation to IRS standards.
Products and solutions
R&D Tax Credit platform (AI-powered studies in 2-3 weeks), 179D Energy-Efficient Commercial Building Deduction, Cost Segregation studies
Unique value
Combines proprietary AI agents with credentialed CPA expert review to deliver comprehensive business-component analysis (not sampling) for every claim, turning tax from a cost center into capital for growth.
Target customer
US businesses in technology, manufacturing, agriculture, architecture/engineering, energy, and oil & gas sectors that perform qualifying R&D activities
Industries served
Technology, Manufacturing, Agriculture, Architecture & Engineering, Energy, Oil & Gas
Technology advantage
Proprietary ML models that transform raw financial documentation (payroll data, ledgers, technical project evidence) into structured, audit-ready reports. AI agents read data against full tax code. Integrates with John Deere, Climate FieldView, Deltek, QuickBooks, ConnectWise.
How they differentiate
Unlike traditional providers that use statistical sampling, Onshore performs detailed business-component analysis on 100% of data using AI agents, with credentialed tax professionals reviewing every number. Studies completed in 28 days vs. industry standard 270 days. SOC 2 Type II compliant with full audit trail.
Main competitors
Boast.ai, Engineered Tax Services
Key partnerships
Y Combinator (W23 batch), Integrations with John Deere, Climate FieldView, Deltek, QuickBooks, ConnectWise
Notable customers
500+ companies served across technology, energy, manufacturing, architecture, and agriculture sectors
Major milestones
Founded 2020 as SPRX Technologies, Y Combinator Winter 2023 batch, $12M Series A led by Vertex Ventures US (Oct 2024), Rebranded from SPRX to Onshore (Feb 2026), $31M Series B led by FPV Ventures (Feb 2026), 500+ companies served with $600M+ in tax incentives delivered
Growth metrics
500+ companies served; $600M+ in tax incentives identified and defended; 28-day average turnaround (vs. 270-day industry standard); 30-50% lower client costs; ~15% more eligible credits identified
Market positioning
Category-defining AI-native tax platform positioned between traditional CPA firms (manual, billable-hour model) and generic tax software, offering AI speed with expert human oversight for complex R&D tax credit claims.
Geographic focus
United States (focused on federal and state R&D tax credits, 179D deduction, cost segregation)
About Dominic Vitucci
CPA; Founder & CEO of Onshore (formerly SPRX); SMU Cox School of Business alumnus
Latest news about Onshore
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Official website: https://onshore.com