TaxBit
Financials
Estimates*
USD | 2021 | 2023 |
---|---|---|
Revenues | 28.8m | 45.2m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$750k | Seed | ||
$5.0m | Seed | ||
N/A | Early VC | ||
$100m | Series A | ||
$130m Valuation: $1.3b | Series B | ||
* | N/A Valuation: $1.3b | Late VC | |
* | N/A | $15.6m Valuation: $1.3b | Late VC |
* | N/A | Late VC | |
Total Funding | AUD388m |
Related Content
Recent News about TaxBit
EditTaxBit is a leading financial technology company specializing in tax and accounting solutions for the digital asset economy. The company provides a comprehensive platform that automates the collection, validation, and reporting of tax information for digital assets such as cryptocurrencies. This ensures that businesses and individuals remain compliant with ever-changing regulatory requirements.
TaxBit serves a diverse range of clients, including individual cryptocurrency investors, exchanges, and enterprises involved in the digital asset market. By offering a seamless tax onboarding experience, the company helps its clients navigate the complexities of tax compliance in the digital age.
Operating in the rapidly evolving digital asset market, TaxBit's business model revolves around providing software-as-a-service (SaaS) solutions. This means they offer their software on a subscription basis, allowing clients to access their platform online. The company generates revenue through these subscriptions, which vary based on the level of service and the number of transactions processed.
TaxBit's platform is designed to be user-friendly, enabling clients to automate the entire tax reporting process. From onboarding to form generation, delivery, and filing, the platform ensures that users can effortlessly stay compliant with regulatory changes. Additionally, TaxBit offers robust data analysis and examination support, making it easier for clients to manage their tax obligations.
In summary, TaxBit is a premier provider of tax and accounting solutions for the digital asset economy, helping clients stay compliant with regulations through its automated, user-friendly platform.
Keywords: Tax compliance, digital assets, cryptocurrency, SaaS, automation, regulatory compliance, tax reporting, data validation, financial technology, onboarding.