About SPRX
SPRX is a company based in Wilmington (United States) founded in 2020 by Mark Andrus and Dominic Vitucci. SPRX has raised $500 thousand across 1 funding round from investors including Y Combinator. SPRX offers products and services including R&D Credit Software, 179D Deduction Software, and Cost Segregation Software. SPRX operates in a competitive market with competitors including ARQUIMEA INGENIERIA, Claimer, neo.tax, Clarus R+D and Mogara, among others.
- Total Equity Funding$500K (USD)
in 1 rounds
- Latest Funding Round$500K (USD), Seed
Jun 2023
- Investors
Products & Services of SPRX
SPRX offers a comprehensive portfolio of products and services, including R&D Credit Software, 179D Deduction Software, and Cost Segregation Software.
AI tool for identifying and processing R&D tax credit claims.
Platform for simplifying energy efficiency tax deductions.
Tool to accelerate depreciation for commercial properties.
Apps and channels of SPRX
its YouTube channel SPRX - R&D Tax Credit Technology has 24 subscribers and 9 videos.
Videos from SPRX
The most watched videos on SPRX's YouTube channel, SPRX - R&D Tax Credit Technology (24 subscribers). Click a video to play it here.
More on SPRX - R&D Tax Credit Technology.
Funding Insights of SPRX
SPRX has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in June 2023. 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 $500,000
- Total Rounds 1
- Last Round Seed — $500,000
- First Round $500,000
(Jun 2023)
- Investors Count 1
All 1 funding rounds of SPRX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $500,000 | Seed | – | Y Combinator | – |
1 investors in total: 1 institutional.
Investors in SPRX
SPRX has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States |
Investor details for SPRX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of SPRX
12 people are tracked at SPRX (9 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Mark Andrus | Co-Founder | Leadership |
Dominic Vitucci | Co-Founder & CEO | Leadership |
Paula Law | Director Of Strategic Operations | Leadership |
Seth Glovier | Director Of Partnerships | Leadership |
Lon O'Connor | Vice President Of Sales | Leadership |
Anthony DiFalco | Head of Product | Leadership |
Emma Peralta | Director | Leadership |
Hillary Dube` | Senior Director | Leadership |
Jake Moross | Senior Director | Leadership |
Karla North | Business Development Manager | Team |
Sheridan Murphy | Client Success | Team |
Daniel Astle | Client Success | Team |
Complete people profiles for SPRX
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of SPRX
2 dated milestones of SPRX across 3 years, from founding to its latest funding, stage changes and deals.
- Founded SPRX is founded.
- Funding First funding round of $500K.
Competitors of SPRX
SPRX 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 ARQUIMEA INGENIERIA, Claimer, neo.tax, Clarus R+D and Mogara, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| arquimea.com | 2005 | Madrid, Spain | – | – | Provider of engineering, manufacturing, and research and development services to industries | |
| claimer.com | 2018 | Croydon, United Kingdom | $4.2M | 13 | R&D tax credits management software for businesses | |
| neo.tax | 2020 | Mountain View, United States | $13M | – | Provider of AI software automating R&D tax credit and software capitalization | |
| clarusrd.com | 2016 | Columbus, United States | – | 31 | R&D tax credit management software is developed for businesses. | |
| mogara.com | 2022 | San Francisco, United States | $500,000 | – | Tax management software is provided for automating business R&D expenses. | |
| taxtaker.com | 2018 | Austin, United States | – | 6 | R&D tax credit solutions are provided for small businesses. | |
| empowerrd.com | 2017 | London, United Kingdom | – | 25 | R&D tax credit claims solution | |
| randdspecialists.co.uk | 2017 | Altrincham, United Kingdom | $6.51M | – | R&D tax credits are identified and claimed for UK businesses. |
Detailed competitors of SPRX
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of SPRX
The website of SPRX (sprx.tax) receives about 4.8K visits a month.
- Monthly visits4.8K
▼ 4% vs previous month
Websites whose visitors overlap most with SPRX. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
spear-funds.com | spear-funds.com | 100% | – | – | – |
hillsborose.com | hillsborose.com | 92% | – | #9,013,296 | – |
Similar companies to SPRX
10 companies that operate in the same segment as SPRX (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about SPRX
SPRX was founded in 2020 and raised its 1st funding round 3 years after it was founded.
SPRX is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Dominic Vitucci is the current CEO of SPRX. They have also founded this company.
SPRX is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Jun 2023.
SPRX was founded in 2020 and is headquartered in Wilmington, United States. Software solutions for RD tax credits are offered to businesses in the tax services sector. Data from accounting software is loaded, and AI is utilized to predict and validate tax information. Reports, costing schedules, and federal and state tax forms are generated. Necessary documents, including employee wage data and project lists, are uploaded by clients for processing.
SPRX's top competitors include ARQUIMEA INGENIERIA, Claimer and neo.tax.
SPRX offers R&D Credit Software, 179D Deduction Software, and Cost Segregation Software.
SPRX has 1 investor. Key investors include Y Combinator.
SPRX operates through Sprx Technologies, Inc.