What is CoinTracker?
Founded in 2017 and based in San Francisco, CoinTracker specializes in cryptocurrency portfolio tracking and tax compliance solutions for consumers. The company leverages advanced technology and strategic partnerships to provide accurate, simple, and reliable services throughout the year. CoinTracker addresses the complex needs of digital asset management for individuals navigating the evolving cryptocurrency landscape.
How much funding has CoinTracker raised?
CoinTracker has raised a total of $100M across 1 funding round:
Series A
$100M
Series A (2022): $100M with participation from Accel, General Catalyst, Initialized Capital, and Kraken Ventures
Key Investors in CoinTracker
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth. The firm focuses on supporting innovative companies and entrepreneurs.
General Catalyst
General Catalyst operates as a venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors and stages. The firm deploys capital strategically to back entrepreneurs and management teams pursuing ambitious visions that reshape their respective industries.
Initialized Capital
Initialized Capital is a venture capital firm dedicated to supporting seed stage founders across various sectors including enterprise SaaS, sustainability, health, hard tech, artificial intelligence, infrastructure, consumer, and crypto. They focus on providing the necessary tools and guidance for entrepreneurs from the early stages to long-term success.
What's next for CoinTracker?
The recent major strategic investment, following a Series A funding round, indicates CoinTracker is poised for significant scaling and market penetration. This capital infusion is expected to fuel product development, enhance user acquisition strategies, and potentially explore new market segments within the digital finance ecosystem. The company's focus on tax compliance and portfolio tracking positions it to benefit from increasing regulatory clarity and mainstream adoption of cryptocurrencies.
See full CoinTracker company page
