TurboTax - About the company
TurboTax is a seed company based in San Diego (United States), founded in 2018. It operates as an Online tax preparation software for individuals, self-employed, and businesses. TurboTax has raised $20K in funding from Techstars. The company has 454 active competitors, including 33 funded and 15 that have exited. Its top competitors include companies like Clear, ClearTax and Taxfix.
Company Details
Online tax preparation software for individuals, self-employed, and businesses. It provides a platform for users to file taxes online with options for do-it-yourself filing, expert assistance, or full-service tax preparation. The platform offers various tools and resources, including tax calculators, tax tips, and a knowledge base. It supports simple and complex tax situations, including W- income, itemized deductions, investments, and self-employment income. The platform offers guarantees for accuracy and maximum refunds. It provides different filing options, including online, desktop software, and expert services. It offers features like document import, refund advance loans, and audit support. It caters to both individual and business tax needs, offering solutions for sole proprietorships, LLCs, and more. The platform operates on a subscription and pricing model, with options for free filing for simple tax returns. It is a tech-enabled solution, providing a user-friendly interface and online support.
- Website
- turbotax.intuit.com
- Social
Key Metrics
Founded Year
2018
Location
San Diego, United States
Stage
Seed
Total Funding
$20K in 1 round
Latest Funding Round
Investors
Ranked
26th among 454 active competitors
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TurboTax's funding and investors
TurboTax has raised a total funding of $20K over 1 round. Its latest funding round was a Seed round. 1 investor participated in its latest round. TurboTax has 1 institutional investor.
View details of TurboTax's funding rounds and investors
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TurboTax's Competitors and alternates
Top competitors of TurboTax include Clear, ClearTax and Taxfix. Here is the list of Top 10 competitors of TurboTax, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of software for tax compliance and financial process automation | $146M | 71/100 | ||
2nd | AI-powered platform offering income tax filing, GST compliance, invoicing, tax planning, and financial solutions | - | - | 68/100 | |
3rd | Provider of application for completing and submitting tax returns | $330M | 64/100 | ||
4th |  Ownwell 2020, Austin (United States), Series B | Property tax saving & management solutions for individuals and businesses | $74M | 62/100 | |
5th | Provider of an app-based platform for taxation services | $1.52M | 61/100 | ||
6th | Provider of banking, invoicing, accounting, and tax management platform | $9M | 59/100 | ||
7th | Provider of company formation, online accounting, and tax management services | $1M | 54/100 | ||
8th | Online tax filing portal for individuals and businesses | $1.5M | 53/100 | ||
9th |  Taxfyle 2015, Miami (United States), Series B | Online tax filing services for individuals and businesses | $35M | 52/100 | |
10th | TaxSpanner 2007, Delhi (India), Acquired | Tax e-filing services with no cross-selling of information | $1.25M | 52/100 | |
26th |  TurboTax 2018, San Diego (United States), Seed | Online tax preparation software for individuals, self-employed, and businesses | $20K | 39/100 |
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TurboTax's Investments and acquisitions
TurboTax has made no investments or acquisitions yet.
Reports related to TurboTax
Here is the latest report on TurboTax's sector:
News related to TurboTax
Filter this listMedia has covered TurboTax for a total of 10 events in the last 1 year, 5 of them have been about company updates and 1 about partnerships.
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Intuit to cut 3,000 jobs due to AI pressure impacting its tax businessBusiness Line•May 21, 2026•Intuit, TurboTax
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Mailchimp boosts lead generation with new features and improved pop-up forms.Financial Post•Feb 26, 2025•Intuit, Credit Karma, TurboTax
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TurboTax and H&R Block Embrace AI for Tax Advice, But Results May VaryInferse.com•Mar 05, 2024•TurboTax, H&R Block
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