GruntWorx - About the company
GruntWorx is an acquired company based in Hampton (Australia), founded in 2005. It operates as a Provider of automated tax document organization and data extraction software. GruntWorx has raised $16.2M in funding from Pilot House Ventures and Commonwealth Capital Ventures. The company has 188 active competitors, including 26 funded and 17 that have exited. Its top competitors include companies like Kivra, Conexiom and Neat.
Company Details
Provider of automated tax document organization and data extraction software. This technology processes client financial documents to create organized digital workpapers. It extracts tax data from source files and populates information directly into tax preparation applications. The system utilizes optical character recognition and machine learning to digitize and structure tax records for review.
- Website
- gruntworx.com
- Social
- Email ID
- *****@gruntworx.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2005
Location
Hampton, Australia
Stage
Acquired
Total Funding
$16.2M in 2 rounds
Latest Funding Round
Investors
Ranked
8th among 188 active competitors
Employee Count
57 as on Jun 30, 2026
Exit Details
Acquired by Drake Software (Aug 17, 2011)
GruntWorx's acquisition details
GruntWorx got acquired by Drake Software on Aug 17, 2011.
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GruntWorx's funding and investors
GruntWorx has raised a total funding of $16.2M over 2 rounds. Its first funding round was on Apr 05, 2007. Its latest funding round was a Series B round on Oct 22, 2009 for $*****. 2 investors participated in its latest round. GruntWorx has 2 institutional investors.
Here is the list of recent funding rounds of GruntWorx:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 22, 2009 | 1550614 | Series B | 4579638 | 1023619 | 4560547 | 6964110 |
Apr 05, 2007 | 9551345 | Series A | 8960052 | 2971882 | 7215456 |
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GruntWorx's founders and board of directors
Founder? Claim ProfileGruntWorx's employee count trend
GruntWorx has 57 employees as of Jun 26. Here is GruntWorx's employee count trend over the years:
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GruntWorx's Competitors and alternates
Top competitors of GruntWorx include Kivra, Conexiom and Neat. Here is the list of Top 10 competitors of GruntWorx, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of a digital platform for receiving and managing documents | $11.1M | 68/100 | ||
2nd | AI-powered order and invoice automation for manufacturers and distributors | $170M | 61/100 | ||
3rd |  Neat 2002, Philadelphia (United States), Series B | Digital Filing System for small businesses | $16.9M | 57/100 | |
4th |  Deepsee Analytics 2017, Salt Lake City (United States), Series A | Provider of AI agents designed for financial services process automation | $30.7M | 55/100 | |
5th | Provider of customer engagement and loyalty solutions for retailers | $34.5M | 50/100 | ||
6th | Docsumo 2019, Lewes (United States), Seed | Cloud-based platform for document automation | $3.72M | 49/100 | |
7th | Financial documents management | $4.85M | 49/100 | ||
8th | Provider of automated tax document organization and data extraction software | $16.2M | 47/100 | ||
9th | Automatic scanning technology for bills, statements and expenses. | $3.22M | - | 47/100 | |
10th | KnowledgeLake 1999, St. Louis (United States), Acquired | Provider of agentic AI powered document processing and synthetic labor | - | 45/100 |
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GruntWorx's Investments and acquisitions
GruntWorx has made no investments or acquisitions yet.
Reports related to GruntWorx
Here is the latest report on GruntWorx's sector:
News related to GruntWorx
Media has covered GruntWorx for 1 event in last 1 year, It was about partnerships.
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