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Compare TaxBit vs ZenLedger

Customers evaluate the quality of TaxBit's products using the following success metrics.

Overview

TaxBit Logo

TaxBit is 6 yrs old and is based in United States.

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.

ZenLedger Logo

ZenLedger is 7 yrs old and is based in United States.

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.

Founded Year

2018

Country

United States
United States

Demo Video

Demo not available because TaxBit has not claimed their profile.

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Leadership

Justin Woodward (Founder)

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Patrick Larsen (Founder, Chief Executive Officer)

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Funding

TaxBit last raised $15.61M on 1/20/2023.
ZenLedger last raised $15M on 5/25/2022.

Stage

Unattributed VC - II
Series B

Total Raised

$251.36M
$25.85M

Investors

Institutional Venture Partners, Paradigm

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Bloccelerate, G1 Ventures

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Product

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Why ZenLedger beats TaxBit

    Benefits

    ZenLedger did not submit their benefits in their Analyst Briefing

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    Products

    ZenLedger did not submit their products in their Analyst Briefing

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    Customers

    ZenLedger did not submit their products in their Analyst Briefing

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    Known Partners

    ZenLedger did not submit their partners in their Analyst Briefing

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    Why They Buy

    ZenLedger did not submit their references in their Analyst Briefing

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    News & Analysis

    TaxBit has been mentioned in our research 7 times.

    ZenLedger has been mentioned in our research 5 times.

    Expert Collections

    U

    Unicorns- Billion Dollar Startups

    1,214 items

    B

    Blockchain

    7,053 items

    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.

    B

    Blockchain

    6,949 items

    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.

    F

    Fintech

    8,123 items

    Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

    Market

    ESP Rankings position vendors based on their resources and execution.

    TaxBit has not been listed in an ESP Ranking.

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    ZenLedger is a Leader in Crypto accounting & taxes

    Crypto accounting & taxes

    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 offering comprehensive enterprise-grade digital asset finance. The market also addresses the need for crypto users and investors to accurately track their profit/loss and prepare tax-relevant crypto transactions. As cryptocurrencies continue to gain popularity, the importance of proper accounting and tax reporting becomes increasingly important.