Additive - About the company
Additive is an acquired company based in San Francisco (United States), founded in 2023 by Venky Iyer and Dwight Crow. It operates as a Provider of AI-driven software for extracting tax data from documents. The company has 102 active competitors, including 12 funded and 4 that have exited. Its top competitors include companies like K1x, HubSync and Ledgible.
Company Details
Provider of AI-driven software for extracting tax data from documents. The software supports various tax forms and processes large tax packages. It extracts footnotes and statements, including complex tables, for review and export. The software integrates with existing workflows through an add-in and API.
Key Metrics
Founded Year
2023
Location
San Francisco, United States
Stage
Acquired
Investors
Ranked
7th among 102 active competitors
Employee Count
22 as on Jul 31, 2026
Exit Details
Acquired by Thomson Reuters (Sep 16, 2025)
Additive's acquisition details
Additive got acquired by Thomson Reuters on Sep 16, 2025.
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Additive's funding and investors
Additive is a funded company. Additive has 1 institutional investor.
View details of Additive's funding rounds and investors
Additive's founders and board of directors
Founder? Claim ProfileThe founders of Additive are Venky Iyer and Dwight Crow.
Here are the details of Additive's key team members:
- Venky Iyer: Co-Founder of Additive.
- Dwight Crow: Founder of Additive.
View details of Additive's Founder profiles and Board Members
Additive's employee count trend
Additive has 22 employees as of Jul 26. Here is Additive's employee count trend over the years:
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Additive's Competitors and alternates
Top competitors of Additive include K1x, HubSync and Ledgible. Here is the list of Top 10 competitors of Additive, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | K1x 2022, Morristown (United States), Series B | Provider of AI-powered automation software for K-1, K-3, and 990 tax reporting | $210M | 56/100 | |
2nd | HubSync 2019, Alexandria (United States), Series B | Provider of a platform for tax workflow and client management | $105M | 54/100 | |
3rd | Ledgible 2014, Atlanta (United States), Series A | Provider of a platform for digital asset tax and accounting | $20M | 53/100 | |
4th | Juno 2023, Rancho Santa Fe (United States), Seed | AI-powered tax preparation platform for tax professionals | $12M | 49/100 | |
5th | Materia 2023, New York City (United States), Acquired | Provider of an AI platform for tax, audit, and accounting professionals | $6.3M | 42/100 | |
6th | Byron 2025, San Francisco (United States), Seed | Developer of artificial intelligence agents for business tax return preparation | $9.1M | 37/100 | |
7th | Additive 2023, San Francisco (United States), Acquired | Provider of AI-driven software for extracting tax data from documents | - | 34/100 | |
8th | SurePrep 2002, Irvine (United States), Acquired | Provider of tax automation software | - | 31/100 | |
9th | Sigma Tax Pro 2013, Delray Beach (United States), Funding Raised | Cloud-based tax preparation solutions for tax professionals | - | - | 29/100 |
10th | SmartWiz 2023, Birmingham (United States), Seed | Tax software solution for tax professionals | $700K | 29/100 |
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Additive's Investments and acquisitions
Additive has made no investments or acquisitions yet.
Reports related to Additive
Here is the latest report on Additive's sector:
News related to Additive
Media has covered Additive for 1 event in last 1 year.
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