# Taxbit: Financial services, Draper, United States > Taxbit: Taxbit is a financial software company based in Draper, Utah, founded in 2018. Based in Draper, United States. Founded 2018. Source: https://millionrounds.com/startup/taxbit (Millionrounds; every figure on the page links to its filing or article) United States · [Financial services startup](https://millionrounds.com/companies) # Taxbit Taxbit is a financial software company based in Draper, Utah, founded in 2018. Funding reported Last round: Undisclosed round Financial services Draper, United States Company summary - **Founded:** 2018 8 years old - **Team:** 150 51 to 200 people - **Funding reported:** $253M in dollars - **Last round:** Undisclosed round Apr 2024 How sure we are - ✓ **Listed** We know it exists and what it does - 2 **Funding reported** A company dataset reports a raise - 3 **Observed** A filing or a dated announcement confirms a round No round for Taxbit has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology) ## About Taxbit 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. ## What company datasets say Taxbit raised Funding, as reported Reported in all **$253M** in dollars Rounds **8** Last round **Undisclosed round** Last round date **Apr 2024** Investors listed **31** Valuation **$1.5B, Mar 2026** SEC Form D **$16M sold, 2 filings, last Jan 2023** ## Founders and team From Taxbit's own website and the SEC filings it signed: 7 on the team. - **Lindsey Argalas** Chief Executive Officer - **Clark Roberts** Chief Technology Officer - **Erin Fennimore** Chief Customer & Compliance Officer - **Landon Fowler** Chief Financial Officer - **Robin Melnick** Chief Revenue Officer - **Richelle Medellin** VP of People & Culture - **Austin Woodward** Executive Officer, Director i On the board, as filed i *Justin Woodward* *Matt Huang* *Tom Loverro* ## On 12 portfolio pages Investors who name them - [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) - [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) - [Tribe Capital](https://millionrounds.com/fund/tribe-capital) - [TTV Capital](https://millionrounds.com/fund/ttv-capital) - [Album VC](https://millionrounds.com/fund/album) - [Paradigm](https://millionrounds.com/fund/paradigm) - [Collab+Currency](https://millionrounds.com/fund/collab-currency) - [Madrona Venture Group](https://millionrounds.com/fund/madrona) - [K2 Global](https://millionrounds.com/fund/k2-global-2) - [1/1 Capital](https://millionrounds.com/fund/1-1-capital) - [Element Ventures](https://millionrounds.com/fund/element-ventures-2) - [Haun Ventures](https://millionrounds.com/fund/haun-ventures) Each firm lists Taxbit on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source. ## The company, in detail What they build Known for audit-ready crypto reports financial data reconciliation digital asset tax regulation compliance tax center api tax details validation enterprise-grade security user role management regulatory reporting standards tax compliance automation digital asset tax standards cryptocurrency tax solutions regulatory standards compliance tax information reporting transaction categorization tax season readiness crypto compliance solutions Built with from their website GitHub Actions Linkedin Sign-in Amazon DynamoDB Google Tag Manager Amazon CloudFront WordPress.org Atlassian CallMiner Eureka Font Awesome GitHub +8 more Google Workspace CloudFlare Viewport Meta Hubspot Amazon Simple Queue Service PostgreSQL CircleCI Excel4Apps - **Sector:** Financial services - **Industry code:** NAICS 54151, 51321, SIC 7375, 7372 - **Region:** Utah - **Revenue:** $22M a year, as listed - **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/taxbit) ## Financial services in United States Startups like it - [**Kalshi** New York · founded 2019 *Raised*](https://millionrounds.com/company/kalshi) - [**Temporal** founded 2022 *Raised*](https://millionrounds.com/company/temporal) - [**Vestwell** New York · founded 2016 *Raised*](https://millionrounds.com/company/vestwell) - [**C2FO** Kansas City · founded 2008 *Raised*](https://millionrounds.com/company/c2fo) - [**Yieldstreet** New York · founded 2015 *Raised*](https://millionrounds.com/company/yieldstreet) - [**Flutterwave** San Francisco · founded 2016 *Raised*](https://millionrounds.com/company/flutterwave) - [**Corgi** San Francisco · founded 2024 *Raised*](https://millionrounds.com/company/corgi) - [**Alpaca** San Mateo · founded 2017 *Raised*](https://millionrounds.com/company/alpaca) ## Is this your company? 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