Blockpit is a technology company.
Blockpit has raised $10.0M across 1 funding round.
Blockpit has raised $10.0M in total across 1 funding round.
Blockpit has raised $10.0M in total across 1 funding round.
Blockpit's investors include Force Over Mass Capital.
Blockpit is a RegTech SaaS platform specializing in cryptocurrency tax compliance, portfolio tracking, and transaction analysis.[1][2][3] It automates tax calculations for IRS-compliant reports, supports real-time monitoring of blockchain transactions, and helps users offset losses while ensuring adherence to anti-money laundering and tax regulations.[1][3] Targeting individual crypto investors, traders, and businesses, Blockpit solves the complexity of tracking gains, losses, and reporting across wallets, exchanges, and protocols, with free portfolio tools and paid reports starting at $49 per tax year.[2][3][7]
The platform stands out for its verifiability, full coverage of major blockchains, and features like tax optimization simulators and NFT galleries, earning recognition as Europe's most-trusted crypto tax solution.[3][5]
Founded in Austria (headquartered in Linz), Blockpit emerged as one of Europe's earliest pioneers in crypto tax regulation over six years ago, driven by the need to bring trust to blockchains through compliant monitoring and analysis.[1][5] Its mission focuses on equipping users with tools for confident financial decisions amid growing crypto taxation demands, bridging retail access to institutional-grade compliance.[5]
Key growth moments include strategic acquisitions in 2020 and 2023, which expanded its European footprint in tax reporting and solidified its market position.[5] From a tax-focused tool, it evolved into comprehensive infrastructure with ongoing enhancements like Blockpit Plus for year-round portfolio management.[6][7]
Blockpit rides the wave of maturing crypto regulation, where rising adoption demands robust tax and AML compliance amid global crackdowns.[1][5] Its timing aligns with IRS guidelines and European policies it's helped shape, capitalizing on market forces like DeFi growth, NFT proliferation, and institutional inflows that amplify transaction complexity.[3][5]
As essential "boring" infrastructure, it influences the ecosystem by enabling compliant scaling for investors and firms, competing with players like TaxBit and ZenLedger while dominating Europe through local expertise.[4][6]
Blockpit is poised to expand as crypto tax rules tighten worldwide, potentially integrating AI-driven forecasting and enterprise treasury tools to capture more institutional share.[3][5][6] Trends like real-time reporting mandates and multichain complexity will fuel demand, evolving its role from tax calculator to full compliance backbone—much like how it transformed from a niche tool into European infrastructure leader.[6]
This positions Blockpit to keep more profits in users' pockets while navigating the regulated financial future it helped pioneer.[5]
Blockpit has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Series A in July 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2021 | $10.0M Series A | Force Over Mass Capital |