CoinTracker
YC W18San Francisco, US · Founded 2017 · 70 employees · Hiring · 13 known investors
CoinTracker is a cryptocurrency tax software platform that automatically imports transactions from wallets and exchanges to calculate gains, losses, and generate IRS-ready tax reports for US investors.
Also known as Inc. · Nino Finance · CoinTracker Inc. · cointracker.io
Founders & leadership· Y Combinator alumni (W18)
CoinTracker was founded in 2017 by Jon Lerner.
Investors · 13
Also in the syndicate · 6
Company profile
researched Aug 2026CoinTracker is a cryptocurrency portfolio tracking and tax compliance software company based in San Francisco. The product lets consumers and businesses connect exchange accounts and blockchain wallets, automatically imports and reconciles transactions (including transfers between a user's own accounts), tracks investment performance, and calculates capital gains and income for tax purposes. Outputs include IRS-ready tax reports that can be e-filed through TurboTax and H&R Block or handed to a CPA, plus features for cost basis management, tax-loss harvesting and reconciliation of the IRS Form 1099-DA.
The company describes itself as covering the full 1099-DA lifecycle from ingestion through reconciliation to final filing, and its support documentation covers handling of defunct or bankrupt exchanges — CoinTracker automatically marks known shut-down platforms such as BlockFi, Celsius, FTX, Genesis, Mt. Gox and Voyager as defunct, and supports CSV import and archiving so that historical transactions and cost basis are preserved. The company explicitly states it does not provide tax advice, pointing users to tax professionals for bankruptcy-related deductions.
CoinTracker was part of Y Combinator's Winter 2018 batch and is categorized as fintech, SaaS, crypto/web3 and consumer. Its founders have also launched a separate product, Nino, a financial-planning service combining an AI platform with dedicated CPA and CFP staff, which connects investment, equity compensation, cash, real estate, retirement and crypto accounts (the latter via CoinTracker).
Founding story
According to the company's Series A blog post, the founders began experimenting with cryptocurrency in 2017, setting up accounts across multiple exchanges and wallets, and found existing tools — spreadsheets and available software — inadequate for understanding portfolios and complying with tax rules. They built CoinTracker around connecting exchanges and wallets and automating the underlying complexity, with a stated mission of increasing the world's financial freedom and prosperity. Y Combinator and other listings identify Jon Lerner (co-founder/CEO) and Chandan Lodha as co-founders, with the company founded in 2017.
Business model
CoinTracker sells software-as-a-service to individual crypto investors and businesses for portfolio tracking and tax reporting, with a free entry point ("Start for free") and paid tiers; the YC launch post for the founders' Nino product describes CoinTracker as having 100k+ paying subscribers.
Subscription/paid product access for crypto tax and portfolio reporting, with a free starting tier advertised on the company website.
Traction
The company's website cites 3M+ users, a 4.7 out of 5 Trustpilot rating from 1,700+ reviews, and over 300,000 app downloads. At the January 2022 Series A announcement, CoinTracker said it synchronized over $50B in crypto assets daily and tracked over 3% of the global crypto market; it announced passing 100,000 users in 2020. The Nino launch post cites 100k+ paying subscribers for CoinTracker. Y Combinator lists a team size of 70.
Latest developments
Current company materials emphasize support for the IRS Form 1099-DA — ingestion, reconciliation and final filing — alongside tax-loss harvesting and cost basis tools, and note an exclusive partnership with Coinbase. Support documentation was updated in August 2026 covering handling of shut-down and bankrupt exchanges. Co-founder and CEO Jon Lerner has launched Nino, a beta financial planning service backed by an AI platform and a dedicated CPA/CFP team that integrates crypto data via CoinTracker.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
The company positions itself as the leading crypto tax software; Y Combinator describes it as "the gold standard in cryptocurrency portfolio tracking and taxes," and the founders' 2026 Nino launch post calls CoinTracker "the market leader in crypto tax." At the time of its Series A, the company said over 3% of the global cryptocurrency market was tracked on CoinTracker.
Automated multi-wallet and multi-exchange syncing with transfer matching and cost-basis tracking, direct integration with mainstream consumer tax filing software, exclusive partner status with Coinbase, support for coins, tokens and NFTs, and early support for the full IRS Form 1099-DA lifecycle including reconciliation.
Technology
The platform automatically imports transactions via exchange APIs and wallet addresses, tracks transfers between a user's accounts, keeps balances updated in real time, identifies cost basis and calculates proceeds on individual transactions, and generates tax forms. It supports CSV import (including a CoinTracker-formatted CSV) as a fallback when an exchange API is unavailable, wallet archiving that zeroes reported balances while preserving transaction history and cost basis, and an automatic "defunct" state for known bankrupt or shut-down exchanges. Integrations include TurboTax and H&R Block for e-filing, and coverage spans coins, tokens and NFTs across major exchanges. A mobile app is also offered.
Go-to-market
Self-serve online signup with a free tier, distribution through exchange and tax-software partnerships (the site identifies CoinTracker as an official and exclusive Coinbase partner and highlights an endorsement from Coinbase CEO Brian Armstrong), integrations with TurboTax and H&R Block, a mobile app, and content/support resources plus customer reviews on Trustpilot.
Individual cryptocurrency holders and traders — including high-transaction-volume users — as well as businesses and accountants/CPAs who need portfolio tracking and tax reporting; support content on bankruptcy write-offs and lost funds is scoped specifically to US customers, while the help center is also published in German, Spanish and Italian.
Geography
Headquartered in San Francisco, California, with Y Combinator describing a globally distributed team. Product and tax guidance are heavily US-focused (IRS forms, 1099-DA, TurboTax and H&R Block e-filing), while the support center is offered in English, German, Spanish and Italian.
History
Founded in 2017 and part of Y Combinator's Winter 2018 batch. The company announced six new industry partnerships and passing 100,000 users in 2020, added crypto tools with CCH Axcess and ProSystem fx (reported 2021), appointed Vera Tzoneva as Chief Operating Officer in September 2021, and announced a $100M Series A in January 2022 followed by hires of a Head of Engineering (January 2022), Head of Finance (March 2022) and public statements about continuing to hire through the recession (July 2022). CEO Jon Lerner was recognized as a Top 25 Cryptocurrency Executive of 2022. More recently the founders launched Nino, a separate AI-plus-human financial planning service, in beta.
Risks & controversies
No controversies are described in the available sources. Business-relevant risks reflected in company materials include dependence on exchange API availability (exchanges that shut down, go bankrupt, or withdraw API access require manual CSV reconstruction) and regulatory change, notably the introduction of IRS Form 1099-DA, which the company warns could cause users to over-report tax owed if not reconciled. The company also states it does not provide tax advice.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Founder mafia
3 people who came through CoinTracker went on to found or lead other companies.
Competitors · 10
by search overlapCompanies competing with CoinTracker for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 11
launches, deals, and filingsCoinTracker's site identifies it as an official and exclusive Coinbase partner, with Coinbase CEO Brian Armstrong noting the partnership around a new tax form.
CoinTracker co-founder and CEO Jon Lerner launched Nino, a beta financial planning service pairing an AI platform with a dedicated CPA and CFP team; crypto accounts connect via CoinTracker. Offered on a flat fee, non-AUM basis.
CoinTracker announced a $100M Series A from Accel, General Catalyst, Initialized Capital, 776 Ventures and Y Combinator, with strategic investments from Coinbase Ventures, Kraken Ventures and Intuit Ventures, plus angel investors including Garry Tan, Alexis Ohanian, Claire Hughes Johnson, Gokul Rajaram, Jeremy Liew and Alex Bouaziz.
$100M source ↗
News item listed on CoinTracker's Y Combinator profile referencing CCH Axcess and ProSystem fx crypto tools.
Company blog post announced breaking 100K users; separately reported as passing 100K users and announcing six new partners.
CoinTracker participated in Y Combinator's Winter 2018 batch.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- CoinTrackercointracker.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does CoinTracker do?
- CoinTracker is a crypto portfolio tracking and tax compliance platform that syncs wallets and exchanges to produce tax reports.
- Who founded CoinTracker?
- CoinTracker was founded by Jon Lerner in 2017.
- Who are CoinTracker's investors?
- CoinTracker's investors include Accel, Balaji Srinivasan, Y Combinator, Coinbase Ventures, General Catalyst, Initialized Capital, Kindred Ventures.
- Where is CoinTracker headquartered?
- CoinTracker is headquartered in San Francisco, US.




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