Taxbit
TaxBit is a tax compliance and accounting software platform that focuses on automated tax reporting and financial compliance for digital assets and cryptocurrency. Founded in 2017 and based in Draper, Utah, the company employs around 155-170 people. TaxBit aims to modernize financial infrastructure, ensuring that blockchain and tokenized assets operate safely and in compliance with regulations. The company offers a range of enterprise solutions, including an Information Reporting Platform that automates tax reporting across various jurisdictions and currencies, generating over 100 million tax forms. Their Enterprise Accounting Solution integrates digital asset transactions with existing accounting systems, providing organized financial insights. TaxBit's platform features developer-friendly APIs, end-to-end automation, and real-time dashboards, supporting compliance in 140 countries. TaxBit serves various sectors, including custodial exchanges, marketplaces, payment processors, and FinTech companies. Their platform is trusted by notable clients such as Dave.com, Fidelity, and Uphold, and is recognized for its high security standards, holding multiple certifications.
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The department split adds up all the years listed above. FY2025 alone: 3 filings.
Salaries at Taxbit
All salaries17 salary profiles in the US
Most reported roles
Funding
- Apr 2024 · Venture · In-Q-Tel
- Jan 2023 · Venture · $15.6M · Insitutional Venture Partners, Paradigm
- May 2022 · Venture · Haun Ventures
- Aug 2021 · Series B · $130M · Insight Partners, IVP, Anthony Pompliano (Pomp)
- Mar 2021 · Series A · $100M · Ryan Smith, Valar Ventures, Global Founders Capital
- Jan 2020 · Seed · $5M · Valar Ventures, Collaborative Fund, Global Founders Capital
- Dec 2018 · Seed · $750K · Album VC
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Taxbit FAQ
How many employees does Taxbit have?
Taxbit has about 150 employees (as of Mar 2026).
Does Taxbit sponsor H1B visas?
Yes. Taxbit filed 3 H1B (LCA) applications in FY2025, according to the latest U.S. Department of Labor disclosures. Most of them were for Engineering roles.
What is Taxbit's revenue per employee?
Taxbit makes about $100K in revenue per employee, based on $15M annual revenue and 150 employees.
How much does Taxbit pay?
6figr has 17 salary profiles for Taxbit in the US, with pay broken down by role, level, gender and ethnicity on the Taxbit salaries page. See Taxbit salaries
How much funding has Taxbit raised?
Taxbit has raised $251.35M in total funding.
Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.