TaxBit
Draper, Utah, United States
How TaxBit hit $6.7M revenue with a 163 person team in 2023.
Developer of a SaaS platform that automates the tax calculations and reporting on cryptocurrency transactions. The company's platform serves everyday retail investors through a self-service sales model by integrating with most exchanges and wallets, automatically pulling in a user's transaction data, running it through the tax code as applied to cryptocurrency, and then auto-generating the corresponding tax forms. It also serves enterprise customers. mainly exchanges, wallets, and businesses dealing with cryptocurrency by generating the required 1099 and other required tax forms that enterprises are required to issue for tax compliance purposes.
2018
Founded
$6.7M
2023 Revenue
138%
YOY
$105.8M
Funding
TaxBit Revenue
In 2023, TaxBit revenue run rate hit $6.7M in revenue.
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2023
TaxBit hit $6.7M in revenue in 2023
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2021
TaxBit hit $1.8M in revenue in 2021
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2018
TaxBit launched in 2018 with $0 revenue
TaxBit Funding History
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2021
TaxBit raised a of in January, 2021
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2020
TaxBit raised a of in January, 2020
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2018
TaxBit raised a of in December, 2018
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| January, 07 2021 | |||
| January, 06 2020 | |||
| December, 21 2018 |
Team
TaxBit has 163 total employees. an engineering team of 9 and a marketing team of 1.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 163 |
| Engineer | 9 (6%) |
| Marketing | 1 (1%) |
Founder / CEO
Austin Wodward
Austin Woodward is the Co-Founder, Chief Executive Officer & Board Member at TaxBit.
Q&A
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What's your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Churn
TaxBit Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Austin Wodward | CEO | [email protected] | - |
TaxBit Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Austin Wodward | CEO | [email protected] | - |
Frequently Asked Questions about TaxBit
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When was TaxBit founded?
TaxBit was founded in 2018.
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How much revenue does TaxBit generate?
TaxBit generates $6.7M in revenue.
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Who is the CEO of TaxBit
The CEO of TaxBit is Austin Wodward.
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How much funding does TaxBit have?
TaxBit raised $105.8M.
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How many employees does TaxBit have?
TaxBit has 163 employees.
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Where is TaxBit headquarters?
TaxBit is headquartered at Draper, Utah, United States
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