CoinTracker Initiates Global Hiring Spree for 17 Roles Amidst Surging 2.5 Million User Base

CoinTracker, a leading cryptocurrency tax and portfolio tracking platform, is actively expanding its global team, announcing 17 new job openings across various departments. The company signaled its growth and vibrant workplace culture through a recent social media post, stating, "Our retreats really are this fun. We're hiring btw." This recruitment drive follows significant expansion in its user base, which now exceeds 2.5 million customers worldwide.

The company's platform has become a critical tool for cryptocurrency holders, collectively tracking over $50 billion in crypto assets and generating more than 1 million tax forms. CoinTracker has solidified its position in the market through strategic partnerships with major industry players, including Coinbase, TurboTax, H&R Block, MetaMask, OpenSea, Solana, and Uniswap. This extensive integration highlights its role in simplifying complex crypto tax compliance and portfolio management for a broad audience.

In February 2022, CoinTracker secured a substantial $100 million in Series A funding, which propelled its valuation to $1.3 billion. This investment round included notable backers such as Accel, General Catalyst, Y Combinator, Coinbase Ventures, Kraken Ventures, and Intuit Ventures, alongside individual investors like Serena Williams. The capital injection positioned the company for aggressive growth, enabling it to develop new offerings like "CoinTracker Enterprise" aimed at businesses navigating crypto accounting challenges.

Despite its current growth trajectory, CoinTracker faced a period of recalibration in January 2023. At that time, the company laid off 19 employees, primarily within its customer support division, citing the broader "crypto winter" and acknowledging "over-hiring" during a previous boom. CEO Jon Lerner addressed the decision, stating, "This is a very different environment than we experienced from mid-2020 to mid-2022. Our expectations for 2023 are different than anticipated in the past year." However, the company provided comprehensive separation packages, including equity vesting, demonstrating a commitment to its departing team members.

The current hiring surge, spanning roles from Crypto Accounting CPAs and Backend Engineers to Customer Success and Product Marketing Managers, underscores CoinTracker's rebound and renewed confidence in the crypto market. The company maintains a remote-first work environment, complemented by in-person retreats, fostering a culture that balances flexibility with team cohesion. This strategic expansion aims to further its mission of enabling global financial freedom and peace of mind for crypto users.