About TaxGPT
TaxGPT is a company based in San Francisco (United States) founded in 2023. It operates as a SaaS (Software-as-a-Service), and Freemium. TaxGPT has raised $5.22 million across 3 funding rounds from investors including Y Combinator, LAUNCH Accelerator and Rebel Fund. TaxGPT offers products and services including TaxGPT AI Assistant and Agent Andrew. TaxGPT operates in a competitive market with competitors including TaxSlayer, Jackson Hewitt, Ownwell, TurboTax and Let's Get Set, among others.
- Headquarter San Francisco, 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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- Legal Name Taxgpt 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
$5.22 M (USD)
in 3 rounds
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Latest Funding Round
$4.6 M (USD), Series A
Feb 06, 2025
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Investors
Y Combinator
& 10 more
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Employee Count
Employee Count
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Products & Services of TaxGPT
TaxGPT offers a comprehensive portfolio of products and services, including TaxGPT AI Assistant and Agent Andrew. 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.
AI tool is used for tax assistance and research.
AI tool is utilized for tax document review analysis.
Funding Insights of TaxGPT
TaxGPT has successfully raised a total of $5.22M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.6 million completed in February 2025. 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 3
- Last Round Series A — $4.6M
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First Round
First Round
(22 Feb 2024)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series A - TaxGPT | Valuation |
investors |
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| Jun, 2024 | Amount | Seed - TaxGPT | Valuation | Y Combinator |
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| Feb, 2024 | Amount | Seed - TaxGPT | Valuation | LAUNCH Accelerator |
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| 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 |
Investors in TaxGPT
TaxGPT has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Y Combinator, LAUNCH Accelerator and Rebel Fund. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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A startup accelerator program is offered to early-stage founders.
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Founded Year | Domain | Location | |
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Venture capital fund focused on tech startups
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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 TaxGPT
| 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 - TaxGPT
| 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 |
Taxgpt Comparisons
Competitors of TaxGPT
TaxGPT 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 TaxSlayer, Jackson Hewitt, Ownwell, TurboTax and Let's Get Set, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online software for tax preparing and filing
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| domain | founded_year | HQ Location |
Online individual federal and state income tax preparation and filing services.
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| domain | founded_year | HQ Location |
Property tax reduction services are provided by Ownwell.
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| domain | founded_year | HQ Location |
E-filing platform
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| domain | founded_year | HQ Location |
Tax filing software is provided with accuracy and refund guarantees.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 TaxGPT
When was TaxGPT founded?
TaxGPT was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is TaxGPT located?
TaxGPT is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is TaxGPT a funded company?
TaxGPT is a funded company, having raised a total of $5.22M across 3 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Feb 22, 2024.
What does TaxGPT do?
TaxGPT is established as a provider of AI-powered tax solutions for tax professionals, firms, businesses, and individuals. Services are focused on enhancing productivity through research, memo drafting, and document analysis. The platform is designed to reduce errors, save time, and improve client satisfaction in the tax and accounting sector. Cutting-edge tools like Agent Andrew are offered for audit and review processes, ensuring compliance and identifying savings opportunities.
Who are the top competitors of TaxGPT?
TaxGPT's top competitors include Ownwell, Jackson Hewitt and TaxSlayer.
What products or services does TaxGPT offer?
TaxGPT offers TaxGPT AI Assistant and Agent Andrew.
Who are TaxGPT's investors?
TaxGPT has 11 investors. Key investors include Y Combinator, LAUNCH Accelerator, Rebel Fund, Mangusta Capital, and iSeed Ventures.
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