# Black Ore Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/black-ore-technologies

- Industry: Software
- Headquarters: Austin, US
- Website: www.blackore.ai
- Total disclosed funding: $85M
- Latest round: Series A (Nov 7, 2023)
- Investors on record: 9

## About

Based in Texas, US, and founded in 2022, Black Ore Technologies, Inc. is a financial software company that develops an automated tax preparation system for tax and accounting firms and CPAs. In November 2023, Black Ore Technologies, Inc. raised USD 60 million in venture funding co-led by investors Andreessen Horowitz and Oak HC/FT Partners, with participation from General Catalyst Partners, Founders Fund, Khosla Ventures, Trust Ventures, LionBird, SciFi VC, and SV Angel.

The company provides digital financial services that leverage artificial intelligence to automate diverse tax planning and filing processes. The platform offers comprehensive 1040 tax preparation automation, accommodating over 50 source documents, and delivers compliant solutions.

The company intends to use the November 2023 funding to expand its workforce, bring on new clients, and enhance AI technologies for the financial services industry.

## Funding rounds

- Series A, Nov 7, 2023, $45M — General Catalyst Partners, Founders Fund, Khosla Ventures, Andreessen Horowitz, SV Angel, LionBird, Oak HC/FT, SciFi VC, Trust Ventures
- Series A, Jan 12, 2021, $40M — General Catalyst Partners, Founders Fund, Khosla Ventures, Andreessen Horowitz

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series A
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A
- LionBird (https://capitalatlas.ai/funds/lionbird) — Series A
- Oak HC/FT (https://capitalatlas.ai/funds/oak-hc-ft) — Series A
- SciFi VC (https://capitalatlas.ai/funds/scifi-vc) — Series A
- Trust Ventures (https://capitalatlas.ai/funds/trust-ventures) — Series A