# BearTax

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beartax

- Industry: Software
- Headquarters: Alpharetta, US
- Website: www.bear.tax
- Total disclosed funding: $2.3M
- Latest round: Seed (Mar 8, 2022)
- Investors on record: 8

## About

Based in Georgia, US, and founded in 2018, BearTax, Inc. is a cryptocurrency tax filling software for individuals and accounting professionals. In March 2022, BearTax, Inc. raised USD 3.2 million in Seed funding led by Ascend Venture Capital, with participation from BAM Ventures, Defy.vc, Draper Startup House, Hustle Fund, Liquid 2 Ventures, Sketchnote, and Tacoma Venture Fund. As of March 2022, the company is led by its CEO Tela Andrews.

The company offers products for investors and accounting firms. The platform for investors and traders enables them to import transactions from more than 50 exchanges integrated directly via API or CSV, then it allows them to export auto-generated tax documents required by their accountant or export taxable transactions to various tax software. The platform also provides features for accountants or accounting firms to manage clients from the dashboard, import client's transactions from exchanges, and download tax documents.  

The company generates revenue by offering its services on a subscription-based pricing plan. The plans include basic, plus, and pro. The charges are USD 49 per year for the basic, USD 149 per year for the plus, and USD 499 per year for the pro.

The company plans to use the seed funds to accelerate its mission of helping crypto investors maximize their profits.

## Funding rounds

- Seed, Mar 8, 2022, $2.3M — BAM Ventures, Liquid 2 Ventures, Defy., Hustle Fund, Draper Startup House, Ascend, Tacoma Venture Fund, Sketchnote

## Investors

- BAM Ventures (https://capitalatlas.ai/funds/bam-ventures) — Seed
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Seed
- Defy. (https://capitalatlas.ai/funds/defy) — Seed
- Hustle Fund (https://capitalatlas.ai/funds/hustle-fund) — Seed
- Draper Startup House (https://capitalatlas.ai/funds/draper-startup-house) — Seed
- Ascend — Seed
- Tacoma Venture Fund (https://capitalatlas.ai/funds/tacoma-venture-fund) — Seed
- Sketchnote — Seed