Avantax Overview

  • Year Founded
  • 1996

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 3,111


  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 12

  • Investments
  • 27

Avantax General Information


Avantax Inc is a provider of integrated tax-focused wealth management services and software, assisting consumers, small business owners, tax professionals, financial professionals, and certified public accounting firms. The firm has two distinct models in business: the independent Financial Professional model and the employee-based model. It refers to the independent Financial Professional model as Avantax Wealth Management offering services through its registered broker-dealer, registered investment advisor (RIA), and insurance agency subsidiaries. The employee-based model refers to Avantax Planning Partners offering services through its RIA and insurance agency by partnering with CPA firms to provide their consumer and small-business clients with financial planning and advisory services.

Contact Information

Formerly Known As
Blucora, Inc., InfoSpace, Infospace Com Inc
Ownership Status
(Operating Subsidiary)
Financing Status
Private Equity-Backed
Primary Industry
Financial Software
Parent Company
Former Stock Listing
Corporate Office
  • 3200 Olympus Boulevard
  • Suite 100
  • Dallas, TX 75019
  • United States
+1 (972) 000-0000

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Avantax Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Avantax Comparisons

HQ Location
Total Raised
Post Valuation
Avantax Inc is a provider of integrated tax-focused wealth management services and software, assisting consumers, small
Financial Software
Dallas, TX
3,111 As of 2023
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000000000000 00.000


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000000000 00000000
San Jose, CA
00000 As of 0000
000000000 00 0000


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000000000 00000000
Salt Lake City, UT
000 As of 0000
00000 0000-00-00
000000&0 000.00
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Avantax Competitors (31)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
PayPal Holdings Formerly VC-backed San Jose, CA 00000 0000 000000000 00 0000
Finicity Formerly VC-backed Salt Lake City, UT 000 000.00 000000&0 000.00
ACI Worldwide Formerly PE-Backed Coral Gables, FL 0000 00.000 000000000 00 00.000
Unit4 Private Equity-Backed Dordrecht, Netherlands 0000 00000 000000 - 000
Envestnet Yodlee Formerly VC-backed Raleigh, NC 0000 00000 0&0
You’re viewing 5 of 31 competitors. Get the full list »

Avantax Patents

Avantax Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20050256766-A1 Method and system for targeted internet search engine Inactive 31-May-2002 000000000 0
US-20040198322-A1 Method and system for session management of short message service enabled applications Inactive 12-Apr-2002 00000000 0
US-20030190029-A1 Method and system for generating a reward from a selected telephone carrier Inactive 03-Apr-2002 00000000000 0
US-20030154179-A1 Virtual scratch card system and method Inactive 08-Feb-2002 000000000 0
US-20030100320-A1 Efficient hyperlinks for transmitted hyperlinked information Inactive 31-Oct-2001 H04L67/75 0
To view Avantax’s complete patent history, request access »

Avantax Executive Team (43)

Name Title Board Seat Contact Info
Chris McClellen Chief Technology Officer
Dilip Nagaraja Chief Technology Officer, Technology
Enrique Vasquez Director of Growth Consulting
Stacy Murray Chief Accounting Officer, Accounting
Ann Bruder JD Chief Administrative Officer, Administration & Executive
You’re viewing 5 of 43 executive team members. Get the full list »

Avantax Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Avantax Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Avantax Investments & Acquisitions (27)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Summit Wealth Advocates 22-Aug-2023 0000000000 Other Capital Markets/Institutions
Gene Bell & Associates 17-Feb-2022 0000000000 Accounting, Audit and Tax Services (B2B)
Warner Finance 02-Nov-2021 0000000000 Asset Management
HK Financial Services 01-Jul-2020 0000000000 00000 Asset Management 0000 0000
1st Global Advisors 06-May-2019 Merger/Acquisition 00000 Asset Management 0000 0000
You’re viewing 5 of 27 investments and acquisitions. Get the full list »

Avantax Subsidiaries (2)

Company Name Industry Location Founded
Summit Wealth Advocates Other Capital Markets/Institutions Prior Lake, MN 2010
WebCrawler Internet Software Los Angeles, CA 0000
To view Avantax’s complete subsidiaries history, request access »

Avantax Exits (12)

Company Name Exit Date Exit Type Exit Size Status Buyers
HowStuffWorks 30-May-2014 000000000000000000 0000 Completed
  • 0000000
Monoprice 22-Aug-2013 000000000000000000 00000 Completed
  • 0000000
Mercantila 10-May-2010 000000000000000000 000.00 Completed
  • 0000000
Voicebox 30-Mar-2005 00000 00000 00 000 Completed
  • 0000000
Infospace Games - IOMO studio 01-Dec-2004 Merger/Acquisition 0000 Completed
You’re viewing 5 of 12 exits. Get the full list »

Avantax FAQs

  • When was Avantax founded?

    Avantax was founded in 1996.

  • Where is Avantax headquartered?

    Avantax is headquartered in Dallas, TX.

  • What is the size of Avantax?

    Avantax has 3,111 total employees.

  • What industry is Avantax in?

    Avantax’s primary industry is Financial Software.

  • Is Avantax a private or public company?

    Avantax is a Private company.

  • What is the current valuation of Avantax?

    The current valuation of Avantax is 00.00.

  • What is Avantax’s current revenue?

    The current revenue for Avantax is 00000.

  • How much funding has Avantax raised over time?

    Avantax has raised $1.57B.

  • Who are Avantax’s investors?

    Acorn Ventures and Cambridge Information Group have invested in Avantax.

  • Who are Avantax’s competitors?

    PayPal Holdings, Finicity, ACI Worldwide, Unit4, and Envestnet Yodlee are some of the 31 competitors of Avantax.

  • When was Avantax acquired?

    Avantax was acquired on 27-Nov-2023.

  • Who acquired Avantax?

    Avantax was acquired by Cetera Financial Group.

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