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
- 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
5th among 43 active competitors
Employee Count
10 as on May 31, 2026
Legal entities associated with SPRX
SPRX is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SPRX Technologies, Inc CIN: 691871,5 , United States, Active | Jul 18, 2022 | - | - | - |
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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 |
View details of SPRX's funding rounds and investors
SPRX's founders and board of directors
Founder? Claim ProfileHere are the details of SPRX's key team members:
- Mark Andrus: Co-Founder | COO | Tax Director of SPRX.
- Dominic Vitucci: Co-Founder & CEO of SPRX. Contact Info: 1 email address
View details of SPRX's Founder profiles and Board Members
SPRX's employee count trend
SPRX has 10 employees as of May 26. Here is SPRX's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of R&D tax credit claim preparation and optimisation services | $30M | 59/100 | ||
2nd | 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 | Clarus R+D 2016, Columbus (United States), Acquired | R&D tax credit management software for businesses | - | 38/100 | |
4th | TaxTaker 2018, Austin (United States), Seed | R&D tax credit solutions for small businesses | $3.5M | 36/100 | |
5th | SPRX 2020, Wilmington (United States), Seed | Software-based R and D tax credit solutions for businesses | $500K | 33/100 | |
6th | Ardius 2018, Brea (United States), Acquired | Cloud-based R&D tax credit and claim software for businesses | - | 33/100 | |
7th | Claimer 2018, Croydon (United Kingdom), Seed | R&D tax credits management software for businesses | $4.2M | 32/100 | |
8th | Mogara 2022, San Francisco (United States), Seed | Tax management software for businesses | $500K | 31/100 | |
9th | SmartClaim 2024, London (United Kingdom), Unfunded | AI-powered platform that provide R&D tax assistance | - | - | 30/100 |
10th | Developer of AI engine for research and development tax credit claims | - | - | 28/100 |
Looking for more details on SPRX's competitors? Click here to see the top ones
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:
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