Crypto tax startup ZenLedger raises $15 million led by ParaFi Capital

Crypto tax startup ZenLedger has closed a $15 million Series B round led by ParaFi Capital, with participation from Three Point Capital, King River Capital, and its Series A lead investor Bloccelerate VC, among others.

ZenLedger amalgamates crypto investors' transaction information across exchanges, NFTs, DeFi, and wallets into one dashboard for tax purposes. 

The company said in a press release that the ongoing movement in tax enforcement has resulted in it having its most successful tax season to date — it boasts more than 50,000 users. 

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

With the new funding, it will add products such as registered investment advisors (RIAs) and certified public accountants (CPAs) to b