The investment comes on the
heels of zenledger’s “high-quality tax season ever.”
Cryptocurrency tax offerings
employer zenledger added wednesday it raised $15 million in series B funding,
bumping the enterprise enterprise’s ordinary investment up to $27 million.
The round changed into led
with the aid of parafi capital, with contributions from bloccelerate vc, king
river capital, g1 ventures, essential avenue funding, three factor capital,
shorooq partners, vaynerfund, snow fall fund and angellist quant fund, regular
with a press launch.
Coming off what ceo pat
larsen referred to as the five-yr-antique startup’s “quality tax season ever,”
zenledger has seen its income increase fivefold. it’s miles now dating new
markets with a purpose to growth in addition still.
Zenledger helps
token-holders navigate the ambiguities of crypto taxes through plugging into
their shopping for and promoting data from wallets, exchanges and non-fungible
tokens (nfts). It has plenty of competition in that area: closing august,
taxbit raised $130 million on the equal time as cointracker raised $one hundred
million earlier of tax season.
According to larsen, there
are presently 50,000 customers of zenledger. It’s some distance now making
plans on launching new merchandise tailored for opportunities from the
registered funding advisor (ria) and licensed public accountant (cpa) global.
Zenledger additionally plans
to use the investment to extend its group. that attempt’s already began: in
april, it employed a brand new leader era officer in daniel escobar, a bitpay
alum, on the aspect of 3 distinct c-suite executives.