TaxBit, Inc.
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TaxBit, Inc. - overview
Established
2018
Location
-, UT, US
Primary Industry
Software
About
Based in Utah, US, and founded in 2018, TaxBit, Inc. operates as a provider of provider of digital asset tax and accounting solutions. The company was co-founded by Austin Woodward, Bobby Clayson, Brandon Woodward, and Justin Woodward. In April 2024, TaxBit, Inc.
raised an undisclosed amount in venture funding led by investor In-Q-Tel. Taxbit’s platform provides a suite of tools to automate tax reporting, financial reporting, and compliance for digital asset transactions. The product includes features for information reporting, financial sub-ledger management, and government solutions, helping clients stay compliant with global regulations. It customer base includes Fortune 500 companies, regulatory bodies, and enterprises in over 140 countries, providing integration with existing financial systems.
Taxbit generates revenue primarily through its subscription-based model, offering various packages for enterprises, governments, and developers. Their scalable solutions are used by a wide range of organizations to manage their digital asset compliance and reporting needs.
Current Investors
Album VC, TTV Capital, Valar
Primary Industry
Software
Sub Industries
Accounting Services, Application Integration Software, Accounting/Finance Software
Website
www.taxbit.com
Verticals
Blockchain, Cloud Computing, FinTech
Company Stage
Series B
Total Amount Raised
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