We founded CoinTracker because we believe that there is too much friction with the existing financial system. It's slow. It's fragmented. It's expensive. Money remains largely the same as it has for decades despite massive changes and new capabilities from the internet.
Today CoinTracker lets cryptocurrency holders connect their wallets and exchanges and see their portfolio, wallets, and transactions in one place. Users can also calculate their cryptocurrency taxes with the click of a button. We are building the best consumer experience for interacting with cryptocurrency.
Some notes about our progress to date:
Solid financials: we are profitable, generating $1M+ in annual revenue
Traction: users rave about CoinTracker. Less than 2 years after launching, we track over $1B in cryptocurrency assets across our users
Partners: we have partnered with Coinbase and TurboTax, and are becoming the authority product for cryptocurrency taxes
Top tier investors: we are backed by the best including: Y Combinator, Initialized Capital, Garry Tan, Alexis Ohanian (co-founder of Reddit), Juan Benet (CEO/Founder of Protocol Labs), Zach Perret (CEO/Co-Founder of Plaid), Ryan Shea (Co-Founder of Blockstack), Paul Buchheit (creator of Gmail), Serena Williams, and others
Strong founding team: Jon previously co-founded TextNow ($50M / year in revenue, >100 employees) and was an engineer at Google. Chandan was the PM on Project Loon at Google X.
Technical challenges: advanced algorithms, lots of data, scalability, performance, and more.