About TaxJar
TaxJar is a company based in San Diego (United States) founded in 2013 was acquired by Stripe in April 2021.. TaxJar has raised $62.6 million across 3 funding rounds from investors including Stripe, Insight Partners and Rincon Venture Partners. TaxJar offers products and services including Sales Tax Compliance Platform, Real Time Calculations, Sales Tax Reports, and Filing and Remittance. TaxJar operates in a competitive market with competitors including Avalara, TAINA Technology, Exactera, Taxdoo and LumaTax, among others.
- Headquarter San Diego, 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 Modern Sales S.R.O.
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Products & Services of TaxJar
TaxJar offers a comprehensive portfolio of products and services, including Sales Tax Compliance Platform, Real Time Calculations, Sales Tax Reports, and Filing and Remittance. 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 sales tax calculations and compliance for businesses.
Provides instant accurate sales tax rates at checkout.
Generates detailed reports on sales tax collected by jurisdiction.
Automates tax return submissions and payments.
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Funding Insights of TaxJar
TaxJar has successfully raised a total of $62.6M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $60 million completed in January 2019. 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 — $60.0M
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First Round
First Round
(12 Mar 2014)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2019 | Amount | Series A - TaxJar | Valuation | Insight Partners |
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| Jun, 2014 | Amount | Seed - TaxJar | Valuation | Rincon Venture Partners , Daher Capital |
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| Mar, 2014 | Amount | Angel Round - TaxJar | Valuation | Dan Rose , Harris Barton |
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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 |
investors |
Investors in TaxJar
TaxJar has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Stripe, Insight Partners and Rincon Venture 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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Investment firm scaling software and technology companies from early to late stages.
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Early-stage venture capital is provided to US technology firms.
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A family office managing global investment portfolios is operated.
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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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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TaxJar
| 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 - TaxJar
| 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 |
Taxjar Comparisons
Competitors of TaxJar
TaxJar 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 Avalara, TAINA Technology, Exactera, Taxdoo and LumaTax, 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 |
Cloud-based tax compliance solutions are delivered for businesses worldwide.
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| domain | founded_year | HQ Location |
Compliance management platforms are provided for financial institutions' regulatory needs.
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| domain | founded_year | HQ Location |
Tax compliance software solutions are provided for business operations.
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| domain | founded_year | HQ Location |
Sales tax management is offered for online retailers.
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| domain | founded_year | HQ Location |
Tax and compliance management solutions are offered to businesses.
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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 Taxjar
Frequently Asked Questions about TaxJar
When was TaxJar founded?
TaxJar was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is TaxJar located?
TaxJar is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is TaxJar a funded company?
TaxJar is a funded company, having raised a total of $62.6M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $600K, raised on Mar 12, 2014.
What does TaxJar do?
TaxJar was founded in 2013 and is headquartered in San Diego, United States. Operations focus on the tax compliance sector, where cloud-based tools are developed for small businesses. Services encompass sales tax filing, reporting, collection, and management. Real-time tax calculations and remittances are enabled through the platform. Artificial intelligence is employed to handle filing tasks efficiently.
What products or services does TaxJar offer?
TaxJar offers Sales Tax Compliance Platform, Real Time Calculations, Sales Tax Reports, and Filing and Remittance.
Who are TaxJar's investors?
TaxJar has 7 investors. Key investors include Stripe, Insight Partners, Rincon Venture Partners, Daher Investments, and Dan Rose.