Gunderson Dettmer Client Tactic Acquired by TaxBit
Gunderson Dettmer represented client Tactic, a crypto accounting platform, in its acquisition by TaxBit, an automated tax calculating and reporting platform for cryptocurrency transactions. Tactic’s platform provides automated accounting tools for web3 companies designed for seamless integration with other financial software products, and increased visibility to streamline crypto accounting processes. The newly combined company will work to provide the best-in-class crypto financial visibility and compliance software tools for businesses.
In the announcement of the acquisition, founder and CEO of Tactic Ann Jaskiw said, "As transparency and efficiency become the largest issues for businesses working in or entering the crypto sphere, we aspire to provide the definitive toolset for the industry. Austin and I share similar stories, being founders at the forefront of innovation and first movers in a fast-evolving industry. The team is thrilled to continue Tactic’s journey of product innovation and to establish our collective team as the go-to provider for digital asset accounting."
The Gunderson Dettmer deal team was led by corporate partners Melissa Marks and Neil Toomey and included associates Chiyel Hayles and Allison Giebisch, tech/IP partner David Sharrow and associate Caitlin Peltz, tax/fund partner Jace Clegg and associates Tina Xu and Sasha Benincasa, executive compensation partner Emily Cabrera and associates Brett Condie and Atul Jain, and employment & labor partner Max Perlman.