About ARK Penny
ARK Penny is a company based in Irvine (United States) founded in 2016 was acquired by Taxes Served in December 2021.. ARK Penny offers products and services including Tax Preparation, Business Accounting, and Tax Planning. ARK Penny operates in a competitive market with competitors including Taxfyle, Frec, TurboAppeal, SPAN Enterprises and SecureTax, among others.
- Headquarter Irvine, United States
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
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Acquired by
Taxes Served
(Dec 09, 2021)
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Products & Services of ARK Penny
ARK Penny offers a comprehensive portfolio of products and services, including Tax Preparation, Business Accounting, and Tax Planning. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for accurate tax filing and compliance for individuals.
Proactive bookkeeping for monitoring business cash flow.
Guidance on tax strategies to optimize deductions and returns.
Funding Insights of ARK Penny
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ARK Penny
ARK Penny has secured backing from 1 investor. Prominent investors backing the company include Taxes Served. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Online platform for tax filing, bookkeeping, and payroll solutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ARK Penny
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ARK Penny
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ark Penny Comparisons
Competitors of ARK Penny
ARK Penny operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Taxfyle, Frec, TurboAppeal, SPAN Enterprises and SecureTax, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Online tax filing services are offered for individuals and businesses.
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| domain | founded_year | HQ Location |
Margin lending services are provided by Frec to financial clients.
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| domain | founded_year | HQ Location |
Oline platform for preparing and filing residential property tax appeals.
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| domain | founded_year | HQ Location |
Develops and supports IRS e-filing and business management software products.
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| domain | founded_year | HQ Location |
Web-based tax preparation and filing services are provided online.
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| domain | founded_year | HQ Location |
Offers electronic tax filing services for IRS forms and extensions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ark Penny
Frequently Asked Questions about ARK Penny
When was ARK Penny founded?
ARK Penny was founded in 2016.
Where is ARK Penny located?
ARK Penny is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
What does ARK Penny do?
ARK Penny was founded in 2016 in Irvine, United States, and operates in the tax services sector. Online platforms are utilized for tax preparation, calculation, refund processing, income tax returns, deductions, filing, consulting, and credits. Resources related to taxes are also provided for users, serving both individuals and businesses across various needs.
Who are the top competitors of ARK Penny?
ARK Penny's top competitors include Taxfyle, Frec and TurboAppeal.
What products or services does ARK Penny offer?
ARK Penny offers Tax Preparation, Business Accounting, and Tax Planning.
Who are ARK Penny's investors?
ARK Penny has 1 investor. Key investors include Taxes Served.