FundedIQ
Financial Services

TaxBit: Funding, Investors & Team (Sep 2026)

TaxBit is a cryptocurrency tax and accounting software that automates tax calculations and reporting on cryptocurrency transactions. With TaxBit, users can link their exchanges and wallets to seamlessly pull their transactions through their tax engine and auto-generate tax forms. Aside from automating taxes, TaxBit provides crypto enthusiasts real-time portfolio tracking and tax optimization visibility so that they can make tax-optimized crypto trades throughout the year. TaxBit connects the consumer and enterprise cryptocurrency tax experiences.

www.taxbit.com LinkedIn Draper, United States 101-250 employees
Accounting Cryptocurrency Financial Services FinTech Software
Total raised
$132M
Rounds
3
Latest
Undisclosed round
Dec 2022

TaxBit has raised $132M across 3 funding rounds on record, the most recent an undisclosed round of $2.0M announced in Dec 2022.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

TaxBit Company Profile and Key Stats

Total funding raised
$132M
across 3 rounds on record
Funding rounds on record
3
1 with no disclosed amount
Latest funding round
Undisclosed round
$2.0M in Dec 2022
Employees
101-250
reported band
Headquarters
Draper, United States

Latest funding round on record: Dec 2022.

TaxBit Funding Rounds

Date
Round
Amount
Undisclosed round
$2.0M
Undisclosed round
Undisclosed
Series B
$130M

1 of 3 rounds was announced without a disclosed amount and is excluded from the total.

TaxBit raised $130M in a Series B announced in Aug 2021.

9 months later, an undisclosed round was announced in May 2022 with no disclosed amount.

7 months later, an undisclosed round of $2.0M was announced in Dec 2022.

TaxBit Founders and Leadership Team

Name
Role
Contact
Brandon Woodward
Founder
Locked
Austin Woodward
CEO
Locked

Contact details for the TaxBit team: 2 of 2 have an email address on file.

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TaxBit Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

TaxBit's latest round of $2.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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TaxBit Funding FAQs

What does TaxBit do?

TaxBit is a cryptocurrency tax and accounting software that automates tax calculations and reporting on cryptocurrency transactions. With TaxBit, users can link their exchanges and wallets to seamlessly pull their transactions through their tax engine and auto-generate tax forms. Aside from automating taxes, TaxBit provides crypto enthusiasts real-time portfolio tracking and tax optimization visibility so that they can make tax-optimized crypto trades throughout the year. TaxBit connects the consumer and enterprise cryptocurrency tax experiences.

How much funding has TaxBit raised?

TaxBit has raised $132M across 3 rounds on record. The most recent is an undisclosed round of $2.0M announced in Dec 2022.

When did TaxBit last raise funding?

TaxBit's most recent funding round on record is an undisclosed round of $2.0M, announced in Dec 2022.

Who founded TaxBit?

FundedIQ lists Brandon Woodward (Founder) at TaxBit.

Who is the CEO of TaxBit?

Austin Woodward is listed as CEO at TaxBit.

Where is TaxBit headquartered?

TaxBit is based in Draper, Utah, United States.

How many employees does TaxBit have?

TaxBit is in the 101-250 employee band.

How does TaxBit's funding compare to other Financial Services startups?

TaxBit's latest round of $2.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's TaxBit Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for TaxBit is left off this page rather than filled in.

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