Growth equity investment firm Edison Partners announced leading a $20 million growth investment in K1x, a leading SaaS financial technology company and pioneer of all-digital K-1 data aggregation and reporting for the capital markets. The investment aims to accelerate K1x's momentum in modernizing K-1 reporting and data management.
Company Information
Company
K1x
Location
Morristown, New Jersey, United States
About
K1x, Inc. is a SaaS financial technology company with long-established tax technology offering the first-ever, all-digital K-1 experience to the capital markets. Backed by experts with decades of know-how in the financial industry, K1x’s founding product, C-TRAC, is the leading end-to-end software solution for tax-exempt organizations. Expanding the suite to tackle the unique challenges faced by institutional investors and their investments, the K1x Advantage Suite was born, offering AI-powered solutions for K-1 aggregation and digital K-1 packet production. The K1x Advantage Suite is a modular software solution that digitally connects producers and recipients for faster delivery, more accurate information and streamlined reporting. K1x technologies are now used by the largest institutional investors, funds and accounting firms in the U.S.
MorristownInformation TechnologySoftwareSaaSFintech