TaxBit Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 162


  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 36

TaxBit General Information


Developer of a SaaS platform designed to automate tax calculations and reporting on cryptocurrency transactions. The company's platform serves everyday retail investors through a self-service model by integrating with exchanges and wallets, automatically pulling in a user's transaction data, running it through the tax code as applied to cryptocurrency, and then auto-generating the corresponding tax forms, enabling enterprise customers to deal with cryptocurrency by generating the required 1099 and other tax forms that enterprises are required to issue for tax purposes.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Accounting, Audit and Tax Services (B2B)
Corporate Office
  • 66 East Wadsworth Park Drive
  • Suite 201
  • Draper, UT 84020
  • United States
+1 (801) 000-0000

TaxBit Timeline

Financing RoundCaptured Employee CountEstimated Employee Growth

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TaxBit Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC 01-Apr-2024 00000 Completed Generating Revenue
6. Later Stage VC 17-May-2022 000 00000 Completed Generating Revenue
5. Early Stage VC (Series B) 06-Aug-2021 00000 00000 00.000 Completed Generating Revenue
4. Early Stage VC (Series A3) 02-Mar-2021 00000 00000 00000 Completed Generating Revenue
3. Early Stage VC (Series A1) 07-Jan-2021 000 00.000 0000 Completed Generating Revenue
2. Seed Round 01-Dec-2019 $5M $5.75M 0000 Completed Generating Revenue
1. Seed Round 09-Jan-2019 $750K $750K 00.000 Completed Generating Revenue
To view TaxBit’s complete valuation and funding history, request access »

TaxBit Cap Table

Stock # of Shares
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B 0,000,000 00.000000 000.00 000.00 00 000.00 0.000
Series A-3 0,000,000 00.000000 000.00 000.00 00 000.00 00.000
Series A-2 000,000 00.000000 00.0 00.0 00 00.0 0.000
Series A-1 000,000 00.000000 00.0 00.0 00 00.0 0.000
Seed-1 2,808,826 $0.000001 $1.82 $1.82 1x $1.82 14.62%
Seed 1,250,000 $0.000001 $0.6 $0.6 1x $0.6 6.51%
To view TaxBit’s complete cap table history, request access »

TaxBit Comparisons

HQ Location
Total Raised
Post Valuation
Developer of a SaaS platform designed to automate tax calculations and reporting on cryptocurrency transactions. The com
Financial Software
Draper, UT
162 As of 2024
0000000000 0 00000


dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla par
0000000000, 00000 00
Atlanta, GA
00 As of 0000
00000000000 000.00


psum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididu
000000000 00000000
London, United Kingdom
000 As of 0000
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TaxBit Competitors (5)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Ledgible Venture Capital-Backed Atlanta, GA 00 000.00 00000000000 000.00
Koinly Corporation London, United Kingdom 000
Coinpanda Corporation Sofia, Bulgaria 00
Token Tax Corporation New York, NY 00 000000000 -
ZenLedger Venture Capital-Backed Chadds Ford, PA 00 000.00 00000000000 000.00
You’re viewing 5 of 5 competitors. Get the full list »

TaxBit Executive Team (11)

Name Title Board Seat
Lindsey Argalas Chief Executive Officer
Justin Woodward Co-Founder, Tax Attorney & Board Member
Blaine Farr Partnerships, Strategic Accounts & Business Development
Richelle Medellin Head of People & Culture
Austin Woodward Chairman
You’re viewing 5 of 11 executive team members. Get the full list »

TaxBit Board Members (10)

Name Representing Role Since
Ajay Vashee IVP Board Observer 000 0000
Amman Bhasin PayPal Ventures Board Observer 000 0000
Austin Woodward TaxBit Chairman 000 0000
Diogo Myrrha Album VC Board Member 000 0000
James Black IVP Board Member 000 0000
You’re viewing 5 of 10 board members. Get the full list »

TaxBit Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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TaxBit Investors (36)

Investor Name Investor Type Holding Investor Since Participating Rounds
In-Q-Tel Not-For-Profit Venture Capital Minority 000 0000 000000 0
Alameda Research Hedge Fund Minority 000 0000 000000 0
Capital Fun Capital Venture Capital Minority 000 0000 000000 0
Dragonfly (San Francisco) Venture Capital Minority 000 0000 000000 0
Haun Ventures Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 36 investors. Get the full list »

TaxBit Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Tactic (Financial Software) 17-Jan-2023 0000000000 Financial Software 000000 00
To view TaxBit’s complete acquisitions history, request access »

TaxBit Subsidiaries (1)

Company Name Industry Location Founded
Tactic (Financial Software) Financial Software New York, NY 0000
To view TaxBit’s complete subsidiaries history, request access »

TaxBit FAQs

  • When was TaxBit founded?

    TaxBit was founded in 2017.

  • Who is the founder of TaxBit?

    Brandon Woodward, Justin Woodward, Bobby Clayson, and Austin Woodward are the founders of TaxBit.

  • Who is the CEO of TaxBit?

    Lindsey Argalas is the CEO of TaxBit.

  • Where is TaxBit headquartered?

    TaxBit is headquartered in Draper, UT.

  • What is the size of TaxBit?

    TaxBit has 162 total employees.

  • What industry is TaxBit in?

    TaxBit’s primary industry is Financial Software.

  • Is TaxBit a private or public company?

    TaxBit is a Private company.

  • What is TaxBit’s current revenue?

    The current revenue for TaxBit is 00000.

  • How much funding has TaxBit raised over time?

    TaxBit has raised $240M.

  • Who are TaxBit’s investors?

    In-Q-Tel, Alameda Research, Capital Fun Capital, Dragonfly (San Francisco), and Haun Ventures are 5 of 36 investors who have invested in TaxBit.

  • Who are TaxBit’s competitors?

    Ledgible, Koinly, Coinpanda, Token Tax, and ZenLedger are competitors of TaxBit.

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