TaxBit
Facts
- Sectors
- Cryptocurrency, Tax, Accounting, Software
- Founded
- 2021 Seattle business license
- Type
- Corporation Seattle business license
- Registered name
- TaxBit Inc Seattle business license
- Stage
- startup
Seattle Startup Radar Highlights AI-Driven Ventures Like The Carry’s $299 Fitness Vest and Color42’s Music Video AI with 1,000 Users
Several Seattle-area startups led by founders such as Esther Sedgwick of The Carry and Prince Bajracharya of Color42 are leveraging AI across diverse sectors including fitness, music marketing, and autonomous debugging. These companies are at early stages with products launching this year and are receiving feedback from a GPT-powered critic called 'Mean VC' to refine their market strategies.
BearTax raises $3.2M seed round led by Seattle VC Ascend; Tela Andrews leads company after acquisition
Seattle-based BearTax, which helps cryptocurrency investors prepare taxes, raised a $3.2 million seed round led by Ascend and is led by Tela Andrews after he acquired the business and brought on former Avalara colleagues.
PTO Exchange raises $5.4M second seed round led by TTV Capital, total funding now $9M
Seattle-based PTO Exchange raised a $5.4 million second seed round (bringing total funding to $9 million) to expand its platform that converts employees' unused paid time off into retirement contributions, student loan repayment, HSA deposits, donations or shared PTO.
Seattle startups push into crypto, blockchain and Web3 amid investor caution and regulatory shifts
The article lists Seattle startups building products and services around crypto, blockchain, and Web3, noting the region’s talent but limited local investor interest and regulatory uncertainty. Industry leaders cite Seattle’s potential as a cloud-computing hub while warning entrepreneurs face funding disadvantages compared with other jurisdictions.
TaxBit raises $130M at $1.33B valuation after opening Seattle HQ, led by IVP and Insight Partners
Cryptocurrency tax and accounting startup TaxBit raised $130 million at a $1.33 billion valuation after opening a second headquarters in Seattle; the company plans to double its workforce, expand U.S. and U.K. offices, and recently partnered with the IRS. The Series round was led by IVP and Insight Partners with participation from Madrona Venture Group.
TaxBit opens second headquarters in Seattle, plans to expand local team to 40 after $100M Series A
Utah-based crypto tax and accounting firm TaxBit is opening a second headquarters in Seattle’s South Lake Union to tap local tech talent and grow its team. Founded in 2018, TaxBit recently raised $100 million in a Series A (bringing total funding to $105 million), has a partnership with the IRS, and expects to grow its Seattle headcount from six to about 40 by year-end.
