
United States · Financial services startup
Taxbit is a financial software company based in Draper, Utah, founded in 2018.
Funding reportedLast round: Undisclosed round
Taxbit is a financial software company based in Draper, Utah, founded in 2018.
It specializes in tax and accounting solutions tailored for the digital economy, focusing on regulatory compliance and innovation for individuals, enterprises, and governments. The company has raised over $235 million in funding and is valued at approximately $1.5 billion, employing around 170 to 200 people. Taxbit offers a comprehensive suite of products, including an Enterprise Tax Suite that automates tax calculations and reporting, and an Enterprise Accounting Suite that provides real-time ERP accounting. Their platform also includes a self-service solution for individual taxpayers and a global tax reporting platform for organizations with complex reporting needs. Taxbit's technology is designed to streamline the management of digital asset transactions, ensuring accurate tax filing and portfolio management. The company serves a diverse clientele, including major cryptocurrency exchanges, institutional investors, government agencies, and individual taxpayers.
Funding, as reported
From Taxbit's own website and the SEC filings it signed: 7 on the team.
On the board, as filediJustin WoodwardMatt HuangTom Loverro
What they build
Known for
audit-ready crypto reportsfinancial data reconciliationdigital asset tax regulation compliancetax center apitax details validationenterprise-grade securityuser role managementregulatory reporting standardstax compliance automationdigital asset tax standardscryptocurrency tax solutionsregulatory standards compliancetax information reportingtransaction categorizationtax season readinesscrypto compliance solutions
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