TaxBit

Valuation $3B

About TaxBit

TaxBit is a cryptocurrency tax and accounting software that automates tax calculations and reporting on cryptocurrency transactions.
Headquarters TaxBit, Draper
Founded 2018-01-01
Industry Accounting, Cryptocurrency, Financial Services, FinTech, Software
Last Funding Type Series Unknown
Valuation 3
Total Funding $253.36 million dollars
IPO Status Private

Financial

TaxBit secured an investment from In-Q-Tel to bolster its digital asset compliance efforts. Additionally, TaxBit announced its entrance into the European market due to increasing demand for digital asset compliance solutions. The company also partnered with TAINA Technology to streamline gig economy tax reporting.

TaxBit has secured an investment from the intelligence community's venture investment arm, which sees potential use cases for its finance-focused compliance software in government. Additionally, TaxBit has announced a strategic partnership with TAINA Technology to deliver a comprehensive tax compliance solution for the gig economy, aiding digital marketplaces with onboarding and reporting related to gig workers.
Funding Rounds 8
Number of Lead Investors 8
Total Funding Amount  $253.36 million dollars
Number of Investors 31

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