Blockpit GmbH

company

About

Blockpit has developed SaaS products for monitoring, analyzing and investigating digital assets based with focus on TAX and AML compliance.

Details

Last Funding Type
Series A
Last Funding Money Raised
€8.40M
Industries
Accounting,Blockchain,Cryptocurrency,FinTech,Personal Finance,SaaS,Software
Founded date
Sep 28, 2017
Number Of Employee
11 - 50
Operating Status
Active
Also Known As
Blockpit

Blockpit has developed a cross-platform monitoring solution that is intended for both companies and private crypto currency traders. This enables a clear calculation of the taxable crypto income and an acceptance of the tax return by tax consultants.

Crypto traders are often unaware of taxes on profits. Regular trading makes it difficult to keep track of the individual trades. This is mainly because every single transaction, including the exchange within crypto currencies, must be valued as a taxable event. If the tax office requests a declaration or proof, it will be difficult to provide this afterwards.

This is where Blockpit's software solution can help. The monitoring platform automatically records all sources of income and creates a clear log. Every single transaction is imported and guarantees a daily documentation of all trades.
In addition, the user receives an overview of the development of his portfolio and information on taxable profits and speculation periods.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
€10.90M
Blockpit GmbH has raised a total of €10.90M in funding over 2 rounds. Their latest funding was raised on Jul 7, 2021 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 7, 2021 Series A €8.40M 7 Middlegame Ventures Detail
Jul 23, 2019 Angel €2.50M 1 European Super Angels Club Detail
Sep 24, 2018 Seed 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
8
Blockpit GmbH is funded by 8 investors. Middlegame Ventures and Fabric Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Middlegame Ventures Yes Series A
Fabric Ventures Series A
European Super Angels Club Series A
FiveT Fintech (formerly Avaloq Ventures) Series A
Force Over Mass Capital Series A
Tioga Capital Series A
Venionaire Capital Series A
coinIX Seed

Employee Profiles

Number of Employee Profiles
5
Blockpit GmbH has 5 current employee profiles, including Executive Florian Wimmer
Executive
Executive
Executive
Executive
Executive

Acquisition

Blockpit GmbH has acquired 1 organizations. Their most recent acquisition was CryptoTax on Sep 9, 2020. They acquired CryptoTax for 0.

Date Company Name
Industry Acquisition Type Price
Sep 9, 2020 CryptoTax
Cryptocurrency acquisition Detail