Estimated reading time: 1 minute, 7 seconds

TaxBit Raises $130 Million

Friday, Aug 13 2021
Tax
Written by 

TaxBit has raised $130 million in Series B funding. The company, which makes cryptocurrency tax software for consumers and businesses, raised $100 million five months ago. The latest funding round was led by IVP and Insight Partners.

The company will use the funds to grow its tax and accounting offerings in the business, consumer, and government sectors. It also plans to double the number of employees by the end of the year and open more offices in the United States and the United Kingdom.

TaxBit enables consumers and businesses to manage cryptocurrency transactions across all exchanges and import data to complete tax forms.

Bob Scott
Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
Read 2511 times
Rate this item
(0 votes)
More in this category: « IRS Provides Gross Receipts Safe Harbor TaxAct Price Lowered for Growth »
Bob Scott

Latest from Bob Scott

Visit other PMG Sites:
Template Settings
Theme

Color

For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue

Body

Background Color
Link Color
Text Color

Header

Background Color
Background Image
pattern1 pattern2 pattern3 pattern4 pattern5

Footer

Background Color
Background Image
pattern1 pattern2 pattern3 pattern4 pattern5
Layout
Select layout
Menu
Select menu
Typography
Google Font
Body Font-size
Body Font-family
Direction
Reset