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SPRX - About the company

SPRX is a seed company based in Wilmington (United States), founded in 2020 by Mark Andrus and Dominic Vitucci. It operates as a Software-based R and D tax credit solutions for businesses. SPRX has raised $500K in funding from Y Combinator. The company has 43 active competitors, including 7 funded and 4 that have exited. Its top competitors include companies like Boast, neo.tax and Clarus R+D.

Company Details

Software-based R and D tax credit solutions for businesses. It enables businesses to load data from their accounting software. It uses AI to predict and validate the tax data and also generates reports, costing schedules, and federal, state tax, and more. It allows clients to upload necessary documents, such as employee wage data and project lists.
Website
sprx.tax
Social
X
Email ID
*****@sprx.tax
Key Metrics
Founded Year
2020
Location
Wilmington, United States
Stage
Seed
Total Funding
$500K in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
10 as on May 31, 2026
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SPRX's funding and investors

SPRX has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on 2023 for $*****. 1 investor participated in its latest round. SPRX has 3 institutional investors.

Here is the list of recent funding rounds of SPRX:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2023
5659
Seed
7628
4511
7192
6428
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SPRX's founders and board of directors

Founder? Claim Profile
The founders of SPRX are Mark Andrus and Dominic Vitucci. Dominic Vitucci is the CEO of SPRX.
Here are the details of SPRX's key team members:

SPRX's employee count trend

SPRX has 10 employees as of May 26. Here is SPRX's employee count trend over the years:
Employee count trend for SPRX
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SPRX's Competitors and alternates

Top competitors of SPRX include Boast, neo.tax and Clarus R+D. Here is the list of Top 10 competitors of SPRX, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Boast
Boast
2011, Vancouver (Canada), Series A
Provider of R&D tax credit claim preparation and optimisation services
$30M
59/100
2nd
Logo for neo.tax
neo.tax
2020, Mountain View (United States), Series A
Provider of AI software automating R&D tax credit and software capitalization
$13M
41/100
3rd
Logo for Clarus R+D
Clarus R+D
2016, Columbus (United States), Acquired
R&D tax credit management software for businesses
-
38/100
4th
Logo for TaxTaker
TaxTaker
2018, Austin (United States), Seed
R&D tax credit solutions for small businesses
$3.5M
36/100
5th
Logo for SPRX
SPRX
2020, Wilmington (United States), Seed
Software-based R and D tax credit solutions for businesses
$500K
33/100
6th
Logo for Ardius
Ardius
2018, Brea (United States), Acquired
Cloud-based R&D tax credit and claim software for businesses
-
33/100
7th
Logo for Claimer
Claimer
2018, Croydon (United Kingdom), Seed
R&D tax credits management software for businesses
$4.2M
32/100
8th
Logo for Mogara
Mogara
2022, San Francisco (United States), Seed
Tax management software for businesses
$500K
31/100
9th
Logo for SmartClaim
SmartClaim
2024, London (United Kingdom), Unfunded
AI-powered platform that provide R&D tax assistance
-
-
30/100
10th
Logo for Kreoh
Kreoh
2022, Dublin (Ireland), Unfunded
Developer of AI engine for research and development tax credit claims
-
-
28/100
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SPRX's Investments and acquisitions

SPRX has made no investments or acquisitions yet.

Reports related to SPRX

Here is the latest report on SPRX's sector:

FAQs about SPRX

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