Awaken Tax

What Awaken Tax does

Awaken Tax is a San Francisco-based cryptocurrency tax software company, legally incorporated as Accrue Finance Inc., that automates transaction reconciliation across 500+ exchanges, wallets, and DeFi protocols for retail and professional crypto holders. The platform aggregates on-chain and exchange activity from 100+ blockchain networks and 10,000+ dapps, applies double-entry ledger reconciliation, and uses AI-driven transaction grouping and anomaly detection to produce jurisdiction-specific tax documentation for 55+ countries. Pricing is tiered by transaction volume from a free Minnow tier up to a $999/year Whale plan, with TurboTax and TaxACT export integrations for US filers.

The company earns revenue primarily through annual subscriptions (Minnow at $0, Fish at $99, Dolphin at $199-$399, Whale at $599-$999) and a premium Full Service white-glove offering starting at $3,000/year, where in-house specialists handle transaction categorization for complex DeFi, NFT, and staking portfolios. Distribution is overwhelmingly direct-to-consumer via a self-serve PLG website (awaken.tax), supplemented by founder-led Twitter/X engagement, a $20 referral program, free crypto tax/profit calculators, and comparison content targeting competitors such as Koinly, CoinTracker, TokenTax, CoinLedger, and ZenLedger.

Awaken serves crypto-native power users including high-volume traders, DeFi users engaged in liquidity provision and yield farming, NFT collectors, multichain users, busy professionals seeking done-for-you filing, and professional accountants handling crypto funds. The company is bootstrapped with only $400,000 of disclosed seed funding from Script Capital, Hustle Fund, and South Park Commons, operates with 1-10 employees, is SOC 1 and SOC 2 Type II certified, and is led by founder Andrew Duca.

Name

Awaken Tax

Legal name

Accrue Finance Inc.

Website

https://awaken.tax

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Awaken Tax is a San Francisco-based cryptocurrency tax software platform that automates transaction reconciliation across 500+ exchanges and 100+ blockchains for individual crypto traders, DeFi users, and NFT collectors, offering tiered subscriptions from free to $999/year plus a $3,000+ white-glove Full Service.

Ownership category

akta.pro rank

Product category

Cryptocurrency Tax Software

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Tax Planning & Personal Tax Optimization Tools (FSAGADAJ)

Keywords

• Cryptocurrency tax software
• Crypto tax reporting
• DeFi transaction tracking
• Digital asset bookkeeping
• Crypto capital gains

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Subscription - Tiered Annual Plans: Annual subscription model based on transaction count with four tiers ranging from free (Minnow) to $999/year (Whale). Users are charged based on their transaction count in the current tax year. The subscription includes access to Awaken platform, tax reports for current and past years, customer support, and coverage for DeFi, NFTs, and memecoins.
2. Full Service White-Glove: Premium done-for-you service starting at $3,000/year where crypto tax specialists handle all categorization and reporting. Includes direct Telegram access, expert transaction tagging, and comprehensive tax report generation.
3. Usage-Based Transaction Fees: Pricing scales with transaction volume: Fish ($99) for up to 300 transactions, Dolphin ($199-$399) for 1k-5k transactions, Whale ($599-$999) for 10k-50k transactions.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Awaken Tax provides a cryptocurrency tax software platform that automates transaction reconciliation across 500+ exchanges, wallets, and DeFi protocols to generate jurisdiction-specific tax documentation for 55+ countries. The platform uses AI-powered transaction grouping for 10,000+ dapps, supports multiple cost basis methods (FIFO, LIFO, HIFO, average cost), and exports to TurboTax, TaxACT, and Form 8949, Schedule D, and 1099-B/DA. A premium Full Service tier starting at $3,000/year offers white-glove done-for-you tax preparation with dedicated crypto tax specialists accessible via Telegram.

Product overview

Awaken Tax is a cryptocurrency tax software platform consisting of a core unified product (Awaken Crypto Tax Software) with multiple pricing tiers (Minnow free, Fish at $99/year, Dolphin at $199-$399/year, Whale at $599-$999/year), a premium Full Service add-on starting at $3,000/year for white-glove bookkeeping, and supporting free tools including a Crypto Tax Calculator and Crypto Profit Calculator. The platform integrates with 500+ exchanges and wallets, supports 55+ countries, and offers AI-powered transaction reconciliation, tax form generation, and migration via Awaken Bridge. The Full Service tier provides human expert categorization for complex DeFi, NFT, staking, and bridging transactions via dedicated Telegram access.

Differentiator

Problem solved

Functional benefit

Products and services

• Awaken Crypto Tax Software Primary cryptocurrency tax software platform that automates transaction reconciliation across exchanges, wallets, and DeFi protocols to generate jurisdiction-specific tax documentation. Supports 500+ crypto integrations, AI-powered transaction categorization, multiple cost basis methods, and tax form generation (Form 8949, Schedule D, 1099-DA, and international equivalents). Offered via tiered annual subscriptions from free (Minnow) to $999/year (Whale).
• Full Service White-Glove Crypto Tax Preparation

Quantifiable outcome

• Users report catching significantly more transactions compared to Koinly (tons missing from Koinly)
• +3 more outcomes

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration166 records

AI capability4 records

Feature8 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Sam's ListminorGTM or Marketing Partner · 15 September 2025Awaken partnered with Sam's List to help users find vetted crypto CPAs who understand DeFi, NFTs, and on-chain activity. Awaken directs users to Sam's List for professional tax preparation assistance while positioning Awaken as the software solution.
• NansenminorGTM or Marketing Partner · 15 August 2025Awaken joined Nansen Points Season 02, allowing Nansen users to redeem NXP tokens for up to 30% off Awaken subscriptions. The partnership ran from September 25 to December 31, 2025, providing a marketing incentive for Awaken acquisition.
• TurboTaxcoreTechnology or IntegrationIntegration allowing Awaken users to export tax reports directly to TurboTax. Supports US citizens with Form 8949, Schedule D, and 1099B reporting. Core integration for US market tax filing workflow.
• Vezgo APIcoreTechnology or IntegrationVezgo API integration enables secure import of full transaction history from exchanges like Gemini using API keys. Core infrastructure for exchange data connectivity.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Koinly: Direct competitor in crypto tax software, offering automated transaction reconciliation, multi-country tax reports, and broad exchange/wallet integrations. Awaken explicitly compares itself against Koinly in marketing collateral and pursues Koinly customers via Awaken Bridge.
• CoinTracker: Direct competitor offering crypto portfolio tracking and tax reporting with TurboTax integration, similar pricing tiers, and broad exchange coverage. Awaken produces head-to-head comparison content against CoinTracker.
• TokenTax: Direct competitor providing crypto tax preparation with both self-serve and full-service offerings aimed at high-volume traders, similar to Awaken's Full Service tier.
• CoinLedger: Direct competitor (formerly CryptoTrader.Tax) offering crypto tax reports with tiered pricing by transaction count, comparable to Awaken's Fish/Dolphin/Whale tiers.
• ZenLedger: Direct competitor with crypto tax software plus accountant and enterprise offerings, including DeFi/NFT support. Awaken produces comparison content against ZenLedger.
• CryptoTaxCalculator: Direct competitor in crypto tax software, particularly strong in Australia and the UK, with transaction-tier pricing analogous to Awaken's tiers.
• Blockpit: Direct competitor focused on European/Australian crypto tax compliance, comparable functionality to Awaken with jurisdiction-specific reporting for 55+ countries.

Broad incumbents

• TaxBit: Larger, well-capitalized incumbent offering enterprise-grade crypto tax and accounting infrastructure to exchanges, brokers, and enterprises; broader portfolio than Awaken but overlapping on transaction reporting.
• TurboTax (Intuit): Currently a distribution partner via export integration, but also a potential full-stack competitor if Intuit adds native crypto transaction ingestion — directly relevant to Awaken's core US retail use case.

Emerging players

• Bitwave: Crypto-native accounting and tax platform focused on businesses and DAOs; partially overlaps with Awaken's accountants/funds segment but targets B2B/enterprise rather than retail traders.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/AwakenTax

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds3 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Awaken Tax