TaxBit operates as a tax and accounting software platform for digital assets and cryptocurrency. It enables tax automation, tax compliance and reporting, cost basis tracking, information reporting, and more. The company was founded in 2018 and is based in Draper, Utah.
ESPs containing TaxBit
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The crypto accounting and taxes market refers to the provision of accounting and tax services to individuals and businesses engaged in cryptocurrency activities, such as buying, selling, trading, and mining. These solutions include making cryptocurrency data legible to traditional tax and accounting systems, providing modern technology approaches to power digital assets tax and accounting, and off…
Research containing TaxBit
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned TaxBit in 7 CB Insights research briefs, most recently on Sep 29, 2022.
Expert Collections containing TaxBit
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
TaxBit is included in 6 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Latest TaxBit News
Nov 8, 2023
News provided by Share this article Share toX NEW YORK, Nov. 8, 2023 /PRNewswire/ -- TaxBit , today announced it ranked number 10 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year. Lindsey Argalas, CEO, TaxBit (PRNewsfoto/TaxBit) "Securing a top 10 spot on the 2023 Deloitte Technology Fast 500™ list is a tremendous honor for TaxBit. It underscores the expertise and unwavering dedication of our team. We're immensely proud to be recognized for our industry-leading compliance solutions for the digital economy across accounting, tax, and the public sector," says Lindsey Argalas, CEO of TaxBit. Alongside the company's Fast 500 ranking, TaxBit's recent milestones also include the successful launch of its AI-Enabled Rules Engine , designed to streamline accounting compliance for digital asset transactions, as well as the introduction of TaxBit's DAC7 Compliance Solution , solidifying TaxBit's position as an industry leader in ensuring regulatory adherence for crypto-related activities on a global scale. Additionally, TaxBit was named a Forbes Fintech 50 winner , a prestigious recognition that underscores the company's achievements and contributions to the fintech industry. TaxBit enables tax and accounting compliance across prominent industry leaders within the financial services ecosystem, including Paypal, Google, Fidelity, NYDIG, Wise, Uphold, and many more. About the 2023 Deloitte Technology Fast 500 Now in its 29th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2019 to 2022. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least US$50,000 and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America. About TaxBit TaxBit, designed by CPAs and tax attorneys, is the leading tax and accounting compliance solution for the digital economy. Providing tax and accounting solutions for enterprises, financial institutions, and government bodies at scale, the TaxBit platform is modernizing the otherwise complex and manual — from automating tax document issuance to crypto accounting. TaxBit is SOC 1 Type 1, SOC 2 Type 2 attestation and ISO 27001 certified. TaxBit has secured over $235 million from leading global investors, including Tiger Global, Haun Ventures, and PayPal Ventures. TaxBit has headquarters in Draper, Utah with offices in Salt Lake City, San Francisco, Seattle, New York and Washington D.C. For more information, please visit www.taxbit.com . About Deloitte Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future . Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte's approximately 457,000 people worldwide connect for impact at www.deloitte.com . Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms. PR Contact:
TaxBit Frequently Asked Questions (FAQ)
When was TaxBit founded?
TaxBit was founded in 2018.
Where is TaxBit's headquarters?
TaxBit's headquarters is located at 66 East Wadsworth Park Drive, Draper.
What is TaxBit's latest funding round?
TaxBit's latest funding round is Unattributed VC - II.
How much did TaxBit raise?
TaxBit raised a total of $251.36M.
Who are the investors of TaxBit?
Investors of TaxBit include Paradigm, Institutional Venture Partners, Haun Ventures, Ribbit Capital, Insight Partners and 21 more.
Who are TaxBit's competitors?
Competitors of TaxBit include Accointing, Kryptoskatt, BitVision, Ledgible, Cryptio and 7 more.
Compare TaxBit to Competitors
CoinTracker operates as a cryptocurrency tax and portfolio software. The platform allows users to track and manage users crypto investment performance, enables users' clients to stay compliant with virtual currency tax regulations, calculate taxes, generate tax reports, and more. It was founded in 2017 and is based in San Francisco, California.
Cryptio is a company that focuses on providing accounting solutions for digital assets, operating within the financial technology and blockchain industries. The company offers a platform that transforms data from decentralized finance, custody, over-the-counter trading, and exchanges into auditable records for accounting, treasury, and tax filings. Cryptio primarily serves financial institutions, corporates, and crypto-native companies. It was founded in 2018 and is based in Paris, France.
ZenLedger provides tax software for cryptocurrency investors and their accountants. The company allows users to import transactions, calculate gains and income, and prepare tax returns. Using the platform, cryptocurrency investors can manage their portfolios, generate profit-loss statements, file their taxes, and avoid Indian revenue service (IRS) audits. It was founded in 2017 and is based in Chadds Ford, Pennsylvania.
Ledgible is a professional-first digital asset software platform for fund administrators, accountants, institutions, tax advisors, fintech providers, and enterprises. Its solutions include crypto tax management, crypto accounting, tax info reporting, and more. It was founded in 2016 and is based in Atlanta, Georgia.
Koinly is a company that focuses on providing tax solutions for cryptocurrency investors and accountants in the financial technology sector. The company offers a software that integrates with major blockchains and exchanges to calculate and report cryptocurrency taxes, simplifying the process of declaring taxes for individuals with multiple exchange accounts or wallets. Koinly primarily serves the financial technology industry. It was founded in 2018 and is based in London, England.
CoinLedger simplifies tax reporting seasons. The platform helps to file crypto taxes and track gains and losses manageable. It facilitates digital asset tax reporting for cryptocurrency, decentralized finance (DeFi), and non-fungible token (NFT) users. The company offers a solution CryptoTrader.Tax, which integrates with exchanges, wallets, and blockchains. It was founded in 2018 and is based in Kansas City, Missouri.