GruntWorx Overview

  • Year Founded
  • 2005

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

GruntWorx General Information

Description

Provider cloud-based paperless tax workflow systems intended to automate the tasks of organizing and populating client tax data to live more, type less and deliver better value to customers. The company's system reads, classifies and extracts data from paper-based forms and PDF files and uses a combination of heuristic pattern recognition technology and machine learning to achieve accuracy across thousands of variations of tax documents, enabling clients to secure their data in a cost-efficient manner.

Contact Information

Website
www.gruntworx.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 1 Merrill Industrial Drive
  • Suite 22-23
  • Hampton, NH 03842
  • United States
+1 (877)
Primary Industry
Systems and Information Management
Other Industries
Accounting, Audit and Tax Services (B2B)
Parent Company
Drake Software
Vertical(s)
Big Data
Corporate Office
  • 1 Merrill Industrial Drive
  • Suite 22-23
  • Hampton, NH 03842
  • United States
+1 (877)

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GruntWorx Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 17-Aug-2011 Completed Generating Revenue
2. Early Stage VC (Series A1) 21-Oct-2009 Completed Generating Revenue
1. Early Stage VC (Series A) 20-Mar-2007 $6M $6M Completed Generating Revenue
To view GruntWorx’s complete valuation and funding history, request access »

GruntWorx Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A-1
To view GruntWorx’s complete cap table history, request access »

GruntWorx Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider cloud-based paperless tax workflow systems intended to automate the tasks of organizing and populating client t
Systems and Information Management
Hampton, NH

Irvine, CA
 
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GruntWorx Competitors (1)

One of GruntWorx’s competitors is SurePrep, a Formerly PE-Backed company based in Irvine, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
SurePrep Formerly PE-Backed Irvine, CA
You’re viewing 1 of 1 competitors. Get the full list »

GruntWorx Patents

  • 22

    Total Documents Applications and Grants

  • Total Patents Families

  • 6

    Granted

  • Pending

  • Expiring in next 12 mo

GruntWorx Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20110249905-A1 Systems and methods for automatically extracting data from electronic documents including tables Inactive 15-Jan-2010
US-20110258150-A1 Systems and methods for training document analysis system for automatically extracting data from documents Inactive 15-Jan-2010
US-20110255788-A1 Systems and methods for automatically extracting data from electronic documents using external data Inactive 15-Jan-2010
US-20110258170-A1 Systems and methods for automatically correcting data extracted from electronic documents using known constraints for semantics of extracted data elements Inactive 15-Jan-2010
US-20110255790-A1 Systems and methods for automatically grouping electronic document pages Inactive 15-Jan-2010 G06V30/40
To view GruntWorx’s complete patent history, request access »

GruntWorx Former Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Commonwealth Capital Ventures Venture Capital Minority
Pilot House Ventures Group Venture Capital Minority
The Pilot Group PE/Buyout Minority
To view GruntWorx’s complete investors history, request access »

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GruntWorx FAQs

  • When was GruntWorx founded?

    GruntWorx was founded in 2005.

  • Where is GruntWorx headquartered?

    GruntWorx is headquartered in Hampton, NH.

  • What industry is GruntWorx in?

    GruntWorx’s primary industry is Systems and Information Management.

  • Is GruntWorx a private or public company?

    GruntWorx is a Private company.

  • What is GruntWorx’s current revenue?

    The current revenue for GruntWorx is .

  • How much funding has GruntWorx raised over time?

    GruntWorx has raised $16.2M.

  • Who are GruntWorx’s investors?

    Commonwealth Capital Ventures, Pilot House Ventures Group, and The Pilot Group have invested in GruntWorx.

  • Who are GruntWorx’s competitors?

    SurePrep is a competitor of GruntWorx.

  • When was GruntWorx acquired?

    GruntWorx was acquired on 17-Aug-2011.

  • Who acquired GruntWorx?

    GruntWorx was acquired by Drake Software.

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