TaxBit: Raises $130m
- TaxBit is the leading tax and accounting solution for the digital economy
- Raised $130 million in Series B funding at a $1.33 billion valuation
- Coming just months after a $100 million Series A, the latest round was co-led by IVP and Insight Partners
- With participation from Madrona Venture Group, Tiger Global, Paradigm, 9Yards Capital, and Sapphire Ventures
- Automates all aspects of cryptocurrency tax compliance for consumers, businesses, and exchanges
- Founded in Salt Lake City, the company recently opened a second headquarters in Seattle
