Overview

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Status
Acquired by on May 31, 2009
Total Equity Funding
$17.5M in 3 Rounds from 3 Investors
Headquarters:
Alameda, CA
Description:
Planitax provides corporate tax departments with corporate tax software and services enabling the management of data.
Categories:
Financial Services, Finance, FinTech

Company Details

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Founded:
1999
Employees:
None found in Crunchbase

Planitax, Inc. provides corporate tax software and services to enable corporate tax departments to manage the data. The company offers Data Collector, which automates the error prone and time consuming task of tax package data collection; Tax Positions that manages FIN 48 related tax positions; Provision Manager, which enable companies to manage and control tax information and documentation to calculate the tax provision; Workflow Manager to automates repeatable tax processes; and R&D Tax Credit Manager that is designed for companies to file federal and state R&D tax credits, as well as to automate survey distribution, monitors survey responses, and calculates federal and state credits. It also provides Audit Manager, which tracks audit information and provides rapid access to supporting documentation; Tax Operations and File Manager, a document storage and tracking solution for corporate tax, project management, and tax calendaring; and Global Entity Manager that tracks entity attributes, including governance information, mergers and acquisition activity, tax jurisdictions, registered agents, transfer pricing agreements, and inter-company transactions. Planitax, Inc. was founded in 1999 and is based in Alameda, California.

Funding Rounds (3) - $17.5M

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DateAmount / RoundValuationLead InvestorInvestors
Jul, 2006$5M / Series C3
Jun, 2005$5M / Series B3
Jun, 2003$7.5M / Series A3

Board Members and Advisors (1)

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News (4)

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DateNews
Jul 13, 2011linksv.com - Thomson Reuters acquired Planitax
Oct 14, 2010findarticles.com - Planitax raises 5000000 in venture round
Apr 20, 2010goliath.ecnext.com - Planitax raises 5000000 in venture round
Jul 26, 2006Business Journals - Valley firms lead $5M funding for Planitax

Offices/Locations (1)

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  • Office

    1105 Atlantic Avenue

    Suite 101

    Alameda, CA 94501

    USA

Past Team (4)

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