About K1x
K1x is a company based in Chicago (United States) founded in 2022 by Geralyn Hurd and Neal Schneider.. K1x has raised $35 million across 2 funding rounds from investors including Edison Partners. K1x offers products and services including K1 Aggregator, K1 Creator, and 990 Tracker. K1x operates in a competitive market with competitors including HubSync, SurePrep, TaxModel, SmartWiz and LittleNewt, among others.
- Headquarter Chicago, United States
- Founders Geralyn Hurd, Neal Schneider
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name K1x, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35 M (USD)
in 2 rounds
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Latest Funding Round
$20 M (USD), Private Equity Round
Sep 06, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of K1x
K1x offers a comprehensive portfolio of products and services, including K1 Aggregator, K1 Creator, and 990 Tracker. 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.
Automates receipt and digitization of K-1 forms for tax data.
Automates digital production of K-1 packages and allocations.
Streamlines IRS-approved e-filing for 990 forms and reporting.
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Funding Insights of K1x
K1x has successfully raised a total of $35M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $20 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $20.0M
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First Round
First Round
(15 Dec 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2024 | Amount | Private Equity Round - K1x | Valuation | Edison Partners |
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| Dec, 2022 | Amount | Series B - K1x | Valuation |
investors |
| 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 K1x
K1x has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Edison Partners. 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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Provider of a growth equity firm for adaptive and personalized plans
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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 K1x
| 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 - K1x
| 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 |
K1x Comparisons
Competitors of K1x
K1x 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 HubSync, SurePrep, TaxModel, SmartWiz and LittleNewt, 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 |
Software-based taxation solutions platform for tax professionals
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| domain | founded_year | HQ Location |
Provider of tax automation software
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| domain | founded_year | HQ Location |
Tax workflow solutions for professionals
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| domain | founded_year | HQ Location |
Tax software is utilized by professionals for client tax management.
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| domain | founded_year | HQ Location |
AI-driven software for tax preparation and practice management is provided.
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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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Frequently Asked Questions about K1x
When was K1x founded?
K1x was founded in 2022.
Where is K1x located?
K1x is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of K1x?
John LaMancuso is the current CEO of K1x.
Is K1x a funded company?
K1x is a funded company, having raised a total of $35M across 2 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Dec 15, 2022.
What does K1x do?
Provider of AI-powered automation software for K-1, K-3, and 990 tax reporting. This software automates the receipt and production of K-1s, streamlining the process for both investors and advisors. It also offers automated 990 exempt reporting and filing, including e-filing capabilities. The platform integrates with various other software solutions and provides support, training, and onboarding services. The software aims to reduce manual effort, costs, and risks associated with alternative investment tax compliance.
Who are the top competitors of K1x?
K1x's top competitors include HubSync, SurePrep and Taxware Systems.
What products or services does K1x offer?
K1x offers K1 Aggregator, K1 Creator, and 990 Tracker.
Who are K1x's investors?
K1x has 1 investor. Key investors include Edison Partners.