TaxJar, a sales tax automation company for e-commerce businesses and developers, secured a $60 million growth equity round of funding from Insight Venture Partners. TaxJar's most recent funding was a $2 million Series Seed round led by Rincon Venture Partners and Daher Capital in 2014,
Canopy, a cloud-based practice management platform for tax and accounting professionals, extended their latest funding round led by NEA, bringing the total round to $42 million. This additional funding was provided by Tenaya Capital and Nyca Partners. Known for its free two-minute IRS Transcripts Tool, Canopy’s
Canopy, a leading cloud-based practice management platform for tax and accounting professionals, announced a round of $30 million. The funding was led by New Enterprise Associates (NEA), with participation from Wells Fargo Strategic Capital, Pelion Ventures, University Growth Fund, and EPIC Ventures. Canopy, founded in 2014,
Enterprise platform Libra completed $7.8 million in Series A financing. Four investors contributed to the round, including Liberty City Ventures, Boost VC, and XBTO. Founded in 2014, Libra’s solutions automate and optimize accounting, audit, and tax processes such as reporting, reconciliation, controls, and compliance. Its
Business and financial software company Intuit announced that it has signed an agreement to acquire Exactor, a leading cloud-based SaaS technology provider of sales and use tax calculation and filing. Exactor is “revolutionizing sales tax compliance” with its next-generation, end-to-end solution for sales tax compliance efforts,
Fintech startup Visor closed $6.5 million in seed financing led by Obvious Ventures. Social Capital, Maveron, Lux Capital, Fika Ventures, and Box Group also participated. Visor is an online tax filing and advisory service that removes the hassle and complexity people face when doing their
TaxDrop is an iPhone fintech mobile app that helps users get their taxes done in 10 minutes. It connects users with licensed CPAs who prepare tax returns. Simply snap photos of any financial documents, such as pay slips and investment statements, upload to the TaxDrop