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K1x, Inc. is a Chicago fintech that automates tax compliance for alternative investments through an AI-powered SaaS platform. It extracts and manages data from complex forms like K-1, K-3, and 990, reducing manual entry and speeding filings, with Digital K-1 native records. The solution, including K1 Aggregator, K1 Creator, and 990 Tracker, integrates with major tax software and serves over 8,000 organizations including top institutional investors and accounting firms. Its edge comes from patented AI automation and tax-transformation expertise, backed by Edison Partners, and its goal is to digitize and streamline investment tax reporting to cut costs and risk.
Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
51-200
Company Stage
Growth Equity (Non-Venture Capital)
Total Funding
$210M
Headquarters
Morristown, New Jersey
Founded
2022
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Total Funding
$210M
Above
Industry Average
Funded Over
3 Rounds
Health Insurance
401(k) Retirement Plan
Unlimited Paid Time Off
Paid Sick Leave
Paid Holidays
Remote Work Options
Paid Parental Leave
QX Accounting Services has integrated its ROBO1040 tax workflow automation platform with K1x, an AI-powered K-1 processing system. The integration allows CPA firms to automate K-1 data entry directly within their tax preparation workflows. The partnership connects K1x's extraction and validation capabilities with ROBO1040 through an API. K-1 PDFs uploaded to ROBO1040 are processed by K1x's AI, which digitises and validates data against IRS standards before returning structured information for tax software posting. The integration supports major tax platforms including GoSystem Tax RS, ProSeries, Lacerte, ProConnect, Drake, and UltraTax. According to the companies, the system reduces K-1 review time by 50% and accelerates 1040 preparation by 40%. K1x serves over 40,000 organisations worldwide, including 20 of the top 25 accounting firms. QX Accounting Services operates with over 3,500 professionals serving more than 500 CPA firms across the United States.
K1x appoints Ken Powell as COO, Chris Capko as CRO following growth investment. July 21, 2026 Ken Powell and Chris Capko K1x, an AI-native tax platform for private markets, has named Ken Powell as chief operating officer and Chris Capko as chief revenue officer as the company expands its leadership team following a $175 million growth investment led by Sumeru Equity Partners. The appointments are part of K1x's effort to scale its operations as it broadens its private markets tax platform through new product capabilities, strategic partnerships, and AI-driven automation. The company said the leadership changes are intended to strengthen execution across its product, operations, and commercial organizations as demand grows for modern tax data infrastructure. "Our recent growth investment gives us the opportunity to accelerate what we've been building for years," said John LaMancuso, CEO of K1x. "As we continue expanding our platform and investing in new capabilities, Ken and Chris bring the leadership we need to help us scale thoughtfully, strengthen the customer experience and continue building the platform customers rely on today and will rely on tomorrow." Powell, who previously served as K1x's chief revenue officer, will now oversee the company's operational strategy, including product and partner initiatives. In his new role as COO, he will focus on aligning product development and operational execution with the company's long-term growth strategy. Powell brings more than 30 years of leadership experience in enterprise software and financial technology, including roles at companies serving the accounting, private equity, and financial services sectors. "Innovation creates opportunity, but execution is what creates value," Powell said. "Our focus is on building the foundation that enables K1x to bring new capabilities to market while helping customers prepare for what's next in private market tax." Capko assumes responsibility for K1x's commercial organization, overseeing sales, customer success, account management, and marketing. The company said consolidating those functions under a single executive is intended to create a more integrated customer experience while supporting continued revenue growth. Capko has more than two decades of enterprise SaaS leadership experience, including senior positions at ADP, where he worked with private equity firms and their portfolio companies. "Our customers aren't just looking for software. They're looking for a partner that understands where the market is going," Capko said. "By bringing our commercial teams together around a shared focus on the customer, we'll continue helping firms navigate change while delivering the expertise and support they expect from K1x." The leadership appointments follow a period of expansion for K1x as it invests in AI-enabled tax automation and workflow management for institutional investors, accounting firms, and private market participants. The platform uses machine learning, generative AI, and agentic workflows to automate the extraction, validation, and distribution of tax data from K-1s, K-3s, and 1099 forms, while also supporting IRS-certified Form 990 electronic filings. K1x's vendor-neutral architecture is designed to allow tax data to move across firms, software platforms, investors, and tax authorities without being tied to a single technology ecosystem, supporting increasingly complex tax reporting workflows in private markets. The company recently was named one of Selling Power's 60 Best Companies to Sell For in 2026 for the second consecutive year, recognizing its investment in its commercial organization and workplace culture. K1x said its platform is used by more than 40,000 organizations, including 44 of the 100 largest U.S. institutional investors, 20 of the top 25 accounting firms, 11 leading private foundations, 45 of the nation's largest university endowments, and seven major U.S. health systems.
K1x, an AI-native private markets tax platform, has appointed Ken Powell as Chief Operating Officer and Chris Capko as Chief Revenue Officer. The moves follow K1x's recent $175 million growth investment led by Sumeru Equity Partners. Powell transitions from his previous role as Chief Revenue Officer to COO, where he will oversee product and partner strategy. He brings over 30 years of experience in enterprise software and financial technology. Capko will lead K1x's commercial organisation, including sales, customer success, and marketing. He has more than 20 years of commercial leadership experience in enterprise SaaS, including leadership roles at ADP. K1x's platform automates tax data extraction and validation from K-1s, K-3s, and 1099s. The company serves over 40,000 organisations, including major institutional investors and accounting firms.
K1x named to Selling Power magazine's 60 Best Companies to Sell For 2026 list for the second year in a row. BY scott turner. July 20. MORRISTOWN, N.J.-K1x Today K1x is pleased to announce it has been included on Selling Power's 60 Best Companies to Sell For 2026 list. Selling Power publisher and founder Gerhard Gschwandtner weighed in on this year's list; "In the tumultuous business environment of 2026, the 60 Best Companies to Sell For have demonstrated remarkable success and growth by elevating their sales teams to new heights. These companies have invested in comprehensive training programs, cutting-edge tools, and supportive work environments that empower their sales professionals to excel. By fostering a culture of continuous improvement and collaboration, they have set a high standard in the competitive world of sales." Selling Power's research team utilizes a comprehensive proprietary application process where they gather data across five key areas: - Company Overview - Compensation and Benefits - Hiring, Sales Training & Sales Enablement - Commitment to fostering Diversity and Inclusion - AI incorporation into improving sales processes and supporting sales teams More than 200 companies were analyzed in each of the categories above to determine the final list. The methodology is the product of years of research that Selling Power continues to revise and refine each year. The companies included are a mix of sizes ranging from small to enterprise. The recognition reflects the continued investment K1x makes in its people, sales organization and customer experience as the company continues to expand following its recent growth investment. According to Ken Powell, K1x COO, "This recognition is further proof that our product delivers measurable value for our customers." Chris Capko, CRO at K1x added, "And we have built the right culture to bring it to market." Multiple President's Club Award winner, Jeremy Felts said, "Selling for K1x has been so rewarding because the entire team is rowing in sync and the same direction. We have a patented AI product that solves painful tax workflow headaches and a market ripe for real disruption. Our leadership team has created a hard-charging culture focused on growth and the business rewards top performance." About Selling Power In addition to Selling Power, the leading digital magazine for sales managers and sales VPs since 1981, Personal Selling Power, Inc., produces the Sales Management Digest and Daily Boost of Positivity online newsletters as well as videos featuring interviews with top executives. They have also created The Sales 3.0 AI Powered Masterclass program, the perfect pathway to achieving personal professional growth and organizational revenue optimization.
K1x wins Family Wealth Report Award for Innovative Use of AI. MORRISTOWN, N.J.-(BUSINESS WIRE)-K1x, an AI-native private markets tax data platform, has today been named a winner in the Innovative Use of AI category at the Thirteenth Annual Family Wealth Report Awards 2026. At K1x, we're helping family offices move beyond that constraint by turning fragmented tax documents into structured, trusted, decision-ready data that can be used across the organization. Share The annual Family Wealth Report Awards recognize the most innovative and exceptional organizations serving North America's family offices, wealth managers, and trusted advisor communities. Winners are selected through a rigorous and independent judging process designed to identify organizations delivering meaningful impact across the industry. K1x was recognized for its practical and focused use of AI to transform one of the most challenging workflows in family offices and private wealth: tax document and data ingestion and normalization. "Every category winner and highly commended firm has undergone a rigorous and truly independent judging process and should be justly proud of their success this year," said Stephen Harris, CEO of Clearview Financial Media and publisher of Family Wealth Report. "I extend my sincere congratulations and best wishes to all of this year's winners and highly commended firms. They are all worthy recipients who now join the global elite of Family Wealth Report Award winners - the very best in wealth management today." On behalf of K1x, CEO John LaMancuso said, "Family offices are being asked to manage increasing complexity across investments, entities, and reporting requirements, yet many are still operating on workflows built for a much simpler era. At K1x, we're helping them move beyond that constraint by turning fragmented tax documents into structured, trusted, decision-ready data that can be used across the organization. This isn't just about efficiency. It's about giving family offices greater control, clarity, and confidence in their tax position while reducing risk, improving decision-making, and freeing up their teams to focus on higher-value work." Winners were announced on April 30, 2026, at a gala ceremony held at the Mandarin Oriental Hotel in Manhattan, New York. As private markets continue to grow in complexity, K1x remains focused on building the infrastructure layer that connects investors, institutions, and regulators through seamless, automated tax workflows. The company's platform enables firms to move beyond reactive compliance toward a more proactive, scalable operating model. A Fast Company Most Innovative Companies 2026 honoree, K1x is building the intelligent tax data operations solution for private markets. Designed with a combination of traditional machine learning, generative AI, and agentic tax workflows, K1x delivers a modern, intelligence-driven approach that goes beyond legacy applications. Its patented, AI-native platform automates the extraction, validation, and distribution of tax data from K-1s, K-3s, and 1099s, and streamlines IRS-certified 990 e-filings, delivering compliance and clarity without vendor lock-in. K1x is vendor-neutral by design, enabling tax data to move seamlessly across firms, tax software, investors, and authorities without being trapped in legacy systems. Trusted by more than 40,000 organizations, K1x supports 44 of the 100 largest U.S. institutional investors, 20 of the top 25 accounting firms, 11 leading private foundations, 45 of the largest university endowments, and seven of the nation's top health systems. About Clearview Financial Media Ltd ("Clearview") Clearview Financial Media was founded in 2004 by Chief Executive Stephen Harris, with a mission to deliver high-quality, 'need-to-know' intelligence for the global private wealth community. Headquartered in London with a truly international reach, Clearview is the publisher of the WealthBriefing group of newswires, complemented by in-depth research reports, newsletters, and a global program of thought-leadership events and prestigious awards. Clearview continues to serve as a trusted source of insight, recognition, and connection for leading professionals in the wealth management and family office sectors worldwide.
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Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
51-200
Company Stage
Growth Equity (Non-Venture Capital)
Total Funding
$210M
Headquarters
Morristown, New Jersey
Founded
2022
Find jobs on Simplify and start your career today