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Announced

Completed

Accel led a $100m series A funding round in CoinTracker.

Financials

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Transaction Value£88m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Minority

United States

Domestic

cryptocurrency

Acquisition

Digital Services

Private Equity

tax management services

Friendly

Completed

Venture Capital

Synopsis

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Accel, an American venture capital firm, led a $100m series A funding round in CoinTracker, a cryptocurrency portfolio tracker & tax calculator, with participation from General Catalyst, Initialized Capital, Y Combinator Continuity, 776 Ventures, Coinbase Ventures, Intuit Ventures and Kraken Ventures. “CoinTracker and its investors have a shared mission of increasing the world’s financial freedom and prosperity. Our industry-defining investing partners like Accel believe in our vision and opportunity to give people more control of their wealth and taxes. We are incredibly excited to partner with them to make cryptocurrency portfolio tracking and tax compliance seamless, and ultimately enable and accelerate mainstream adoption of crypto,” Jon Lerner, CoinTracker CEO and co-founder.

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