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CryptoTaxCalculator has secured a $4 million series seed capital raise, led by AirTree Ventures and with participation from Coinbase Ventures.
Firm: Herbert Smith Freehills (CryptoTaxCalculator)
Value: $4 million
Area: Finance, venture capital
Key players: The team was led by co-head of venture capital Claire Thompson and solicitor Adam Ong. They were supported by partner Adam Charles and solicitors Esther Adeyinka and Mapa Madhawa.
Deal significance: CryptoTaxCalculator is an Australian technology company that collates data from hundreds of major crypto exchanges, blockchains and decentralised finance services and generates a report compatible with a range of different tax jurisdictions.
Commenting on the deal, Ms Thompson said: “We have been delighted to have assisted CryptoTaxCalculator on their first capital raise.
“This raise highlights the exciting growth of early-stage companies that assist in web3 products and crypto assets. Working on seed stage raises provides a fantastic opportunity to closely connect with founders and ensure that they have strong support to help build their businesses.”
Naomi Neilson is a senior journalist with a focus on court reporting for Lawyers Weekly.
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