About SurePrep
SurePrep is a company based in Irvine (United States) founded in 2002 by David Wyle was acquired by Thomson Reuters in November 2022.. SurePrep offers products and services including TaxCaddy, 1040SCAN, and SPbinder. SurePrep operates in a competitive market with competitors including HubSync, K1x, TaxModel, SmartWiz and LittleNewt, among others.
- Headquarter Irvine, United States
- Founders David Wyle
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Thomson Reuters
& 1 more
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Employee Count
Employee Count
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Acquired by
Thomson Reuters
(Nov 11, 2022)
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Products & Services of SurePrep
SurePrep offers a comprehensive portfolio of products and services, including TaxCaddy, 1040SCAN, and SPbinder. 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.
Tool for gathering and delivering tax documents electronically.
Automates data entry from scanned tax documents efficiently.
Organizes and standardizes tax workpapers for streamlined reviews.
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Software Development Team
263 people
Sales and Marketing
75 people
Leadership Team
72 people
Product Management Team
45 people
Senior Team
36 people
Legal and Compliance
32 people
Human Resources and Administration
32 people
Finance and Accounting
26 people
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Funding Insights of SurePrep
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2019 | Amount | Private Equity Round - SurePrep | Valuation | Bregal Sagemount |
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| 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 |
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Investors in SurePrep
SurePrep has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Thomson Reuters and Bregal Sagemount. 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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Investments are directed toward high-growth startups in multiple sectors.
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Cloud-based legal management and data services are provided for businesses.
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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 SurePrep
| 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 - SurePrep
| 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 |
Sureprep Comparisons
Competitors of SurePrep
SurePrep 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, K1x, 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 AI-powered automation software for K-1, K-3, and 990 tax reporting
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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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Latest news on Sureprep
Frequently Asked Questions about SurePrep
When was SurePrep founded?
SurePrep was founded in 2002 and raised its 1st funding round 17 years after it was founded.
Where is SurePrep located?
SurePrep is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
Who is the current CEO of SurePrep?
David Wyle is the current CEO of SurePrep. They have also founded this company.
What does SurePrep do?
SurePrep provides tax automation software for professionals. It provides multiple solutions including TaxCaddy to generate a customized document request list for each client through e-signature, messaging, photo scanning, questionnaire, etc; 1040 SCAN to automate work paper preparation, and data entry; SPbinder for bookmarking, tax work paper organization, tax return preparation, etc; and Outsource for tax return preparation outsourcing.
Who are the top competitors of SurePrep?
SurePrep's top competitors include HubSync, K1x and Taxware Systems.
What products or services does SurePrep offer?
SurePrep offers TaxCaddy, 1040SCAN, and SPbinder.
Who are SurePrep's investors?
SurePrep has 2 investors. Key investors include Thomson Reuters, and Bregal Sagemount.