Jupid

Jupid is an AI-driven accounting platform specifically designed for freelancers and limited liability companies (LLCs) in the United States. Its core function is to automate the tedious process of expense tracking, tax deduction identification, and tax form preparation by directly connecting to a user’s bank account. Once a user links their financial accounts—typically within five minutes—Jupid ingests transaction data and categorizes each item based on the vendor, amount, and nature of the expense. For example, a payment made to Figma is automatically tagged under “Software Subscriptions,” an Amazon Web Services charge is classified as “Cloud Hosting,” Uber rides become “Travel,” and a Starbucks purchase is marked as “Meals.” The system also recognizes income entries, such as a Stripe transfer, and maps them to “Revenue.” This classification allows the platform to build a personalized spending profile that improves over time. Beyond basic categorization, Jupid employs machine learning to identify potential tax deductions that the user might have otherwise missed. According to the platform’s own data, early users have uncovered an average of $1,249 per year in overlooked deductions. The system learns each user’s unique vendor list and spending patterns—it becomes more accurate with every new transaction, achieving a 96% accuracy rate for automatic classification. This learning capability means that recurring expenses (like monthly office rent at WeWork) are recognized without manual intervention after the initial setup. The platform’s primary output is a ready-to-file Schedule C, the form used by sole proprietors and single-member LLCs in the U.S. to report business profit or loss to the IRS. Jupid generates this form based on the categorized transactions and identified