Taxweb Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 150

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 2

  • Investments
  • 1

Taxweb General Information

Description

Developer of tax determination software for enterprises operating in Brazil. The company's software can be connected to any ERP system and validate any online, real-time transaction to make sure that the taxes applied to that specific operation are correct as well as alert users when taxes informed are different from the software calculation, providing a real-time transaction audit to make sure that customers are buying and selling using the right tax at the exact moment that the operation is running while reducing operational costs and the risk of tax liabilities.

Contact Information

Website
www.taxweb.com.br
Ownership Status
Acquired/Merged
Financing Status
Private Equity-Backed
Corporate Office
  • Avenida Das Nações Unidas, 11.633
  • Brooklin Paulista
  • Sao Paulo, 04578-901
  • Brazil
Primary Industry
Business/Productivity Software
Other Industries
Accounting, Audit and Tax Services (B2B)
Acquirer
Sovos Compliance
Corporate Office
  • Avenida Das Nações Unidas, 11.633
  • Brooklin Paulista
  • Sao Paulo, 04578-901
  • Brazil

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Taxweb Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Taxweb Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of tax determination software for enterprises operating in Brazil. The company's software can be connected to
Business/Productivity Software
Sao Paulo, Brazil
150 As of 2021

Durham, NC
 

Woburn, MA
 
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Taxweb Competitors (2)

One of Taxweb’s 2 competitors is Avalara, a Private Equity-Backed company based in Durham, NC.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Avalara Private Equity-Backed Durham, NC
TaxJar Formerly VC-backed Woburn, MA
You’re viewing 2 of 2 competitors. Get the full list »

Taxweb Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Taxweb Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Taxweb Acquisitions (1)

Taxweb’s most recent deal was a Merger/Acquisition with Millennium Tech. The deal was made on 05-Mar-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Millennium Tech 05-Mar-2021 Merger/Acquisition IT Consulting and Outsourcing
To view Taxweb’s complete acquisitions history, request access »

Taxweb Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Millennium Tech Sao Caetano Do Sul, Brazil

Taxweb FAQs

  • When was Taxweb founded?

    Taxweb was founded in 2009.

  • Where is Taxweb headquartered?

    Taxweb is headquartered in Sao Paulo, Brazil.

  • What is the size of Taxweb?

    Taxweb has 150 total employees.

  • What industry is Taxweb in?

    Taxweb’s primary industry is Business/Productivity Software.

  • Is Taxweb a private or public company?

    Taxweb is a Private company.

  • What is the current valuation of Taxweb?

    The current valuation of Taxweb is .

  • What is Taxweb’s current revenue?

    The current revenue for Taxweb is .

  • Who are Taxweb’s investors?

    Cassis Capital (Brazil) has invested in Taxweb.

  • Who are Taxweb’s competitors?

    Avalara and TaxJar are competitors of Taxweb.

  • When was Taxweb acquired?

    Taxweb was acquired on 29-Apr-2020.

  • Who acquired Taxweb?

    Taxweb was acquired by Sovos Compliance.

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