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Crypto tax firm CoinTracker cuts 20% of staff a year after $100M round

Crypto tax firm CoinTracker cuts 20% of staff a year after $100M round

CoinTracker is laying off 20% of its workforce, claiming that it “over-hired” amid a changing cryptocurrency environment.

Cryptocurrency news by Protos · Protos

February 1, 20231m 44s

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Show Notes

Cryptocurrency tax company CoinTracker has laid off 19 employees representing approximately 20% of its workforce. This is according to an internal email reviewed by Protos and confirmed by a statement from CoinTracker CEO Jon Lerner.


In January last year, CoinTracker raised $100 million in its Series A at a valuation of $1.3 billion. The round included Y Combinator, Kraken Ventures, and Coinbase Ventures.


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