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TaxBitrevenue, valuation & funding

Tax Practice Management SoftwareDraper, UtahFounded 2018CEO Austin Wodward

TaxBit is a Tax Practice Management Software company based in Draper, founded in 2018.

taxbit.comLinkedInUpdated Sep 30, 2026
Annual revenue
$25.2M
Nov 2024EST.
Total raised
$105.8M
3 rounds
Employees
156
Nov 2025

TaxBit revenue

TaxBit has not published its revenue. ZoomInfo puts it at about $25.2M a year (November 2024).

As ofRevenueSource
Apr 2021$1.8M–
Dec 2023$6.7MEST.GetLatka estimate
Oct 2024$8.5MEST.GetLatka estimate
Nov 2024$25.2MEST.ZoomInfo estimate

– source not recorded

TaxBit valuation

TaxBit is privately held, so there is no TaxBit stock to buy. Investors valued it at $1.5B.

TaxBit funding rounds & investors

TaxBit has raised $105.8M across three rounds since 2018. The latest was a $100M funding round in January 2021.

DateRoundRaised
Jan 2021Funding round$100M
Jan 2020Funding round$5M
Dec 2018Funding round$750K
Total raised$105.8M

TaxBit competitors

TaxBit competes most directly with Cryptotrader.

CompanyRevenueFundingEmployeesCustomersFounded
TaxBit$25.2M$105.8M156–2018
Cryptotrader$10M–187K2017

TaxBit CEO, founders & employees

Austin Wodward founded TaxBit in 2018 and runs it as CEO. TaxBit has 156 employees (November 2025, LinkedIn).

0
100
200
173
255
163
159
156
20212022202320242025
ReportedOne figure per year; a reported figure wins over an estimate
All 7 headcount readings, with sources
As ofEmployeesSource
Nov 2025156LinkedIn
Dec 2024159LinkedIn
Oct 2024168LinkedIn
Dec 2023163LinkedIn
Dec 2022255LinkedIn
Dec 2021173LinkedIn
Apr 202138–

TaxBit FAQ

How much money does TaxBit make?

TaxBit has not published its revenue. ZoomInfo estimates about $25.2M a year (November 2024).

How much is TaxBit worth?

Companies don't publish a net worth. The closest figure is TaxBit's valuation: $1.5B.

Who owns TaxBit?

TaxBit is privately held by its founders, employees and investors.

Is TaxBit publicly traded?

No. TaxBit is a private company, so its shares are not listed on a stock exchange.

How much funding has TaxBit raised?

$105.8M across 3 rounds; the latest was a $100M round in January 2021.

Who is the CEO of TaxBit?

Austin Wodward, a co-founder.

Who founded TaxBit?

Austin Wodward, in 2018.

How many employees does TaxBit have?

About 156 as of November 2025 (LinkedIn).

How this page is sourced

6 from public sources · 3 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Sep 30, 2026Data disclaimerReport a correctionClaim this profileRun TaxBit? Join the podcast