Announced
Completed
Financials
Tags
Single Bidder
FinTech
United States
cryptocurrency tax
Domestic
Venture Capital
Private Equity
Completed
Private
Minority
Acquisition
Friendly
fintech
Synopsis
Institutional Venture Partners and Insight Partners led a $130m Series B funding round in TaxBit, a tax and accounting software provider. Additional investors include Tiger Global, Paradigm, 9Yards Capital, Sapphire Ventures, Madrona Venture Group, and Anthony Pompliano. "Tax reporting requirements make TaxBit a 'must have' for both crypto-native companies as well as traditional financial services companies as they increasingly embrace crypto. TaxBit has emerged as the clear market leader in its offering to enterprises and tax authorities. It is a privilege to partner with Austin and the TaxBit team on their next phase of growth," Tom Loverro, IVP General Partner.
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