Avalara Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Private

  • Employees
  • 4,631

Employees

  • Latest Deal Type
  • General Corporate Purpose

  • Financing Rounds
  • 24

  • Investments
  • 32

Avalara General Information

Description

Developer of automated tax compliance software designed for retail, manufacturing, accounting professionals, supply chain and logistics as well as communications industries. The company offers a broad and growing suite of compliance solutions for transaction taxes, such as sales and use tax, VAT, fuel excise tax, beverage alcohol, cross-border taxes, lodging tax, and communications tax, enabling customers to automate the process of determining taxability, identifying applicable tax rates, determining and collecting taxes, preparing and filing returns, remitting taxes, maintaining tax records, and managing compliance documents. It generates revenue in the form of subscriptions and professional services.

Contact Information

Website
www.avalara.com
Formerly Known As
Advantage Solutions
Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Corporate Office
  • 512 South Mangum Street
  • Suite 100
  • Durham, NC 27701
  • United States
Primary Industry
Financial Software
Vertical(s)
SaaS, FinTech
Former Stock Listing
AVLR
Corporate Office
  • 512 South Mangum Street
  • Suite 100
  • Durham, NC 27701
  • United States

Avalara Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Avalara Valuation & Funding

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

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Avalara Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of automated tax compliance software designed for retail, manufacturing, accounting professionals, supply chai
Financial Software
Durham, NC
4,631 As of 2024

Atlanta, GA
 

Wilmington, MA
 
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Avalara Competitors (19)

One of Avalara’s 19 competitors is PowerPlan, a Formerly PE-Backed company based in Atlanta, GA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
PowerPlan Formerly PE-Backed Atlanta, GA
Sovos Compliance Private Equity-Backed Wilmington, MA
TaxACT Private Equity-Backed Dallas, TX
Drake Software Private Equity-Backed Franklin, NC
Thomson Reuters Tax & Accounting Corporate Backed or Acquired Carrollton, TX
You’re viewing 5 of 19 competitors. Get the full list »

Avalara Patents

  • 175

    Total Documents Applications and Grants

  • Total Patents Families

  • 111

    Granted

  • 57

    Pending

  • Expiring in next 12 mo

Avalara Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-12242423-B1 Online software platform (osp) checking domain for prior actions of delivering data to domain on behalf of primary entity, to prevent inadvertent duplication of such delivering action Active 03-Jan-2024
US-20250103354-A1 Producing resources according to handling settings for selectively adding resources produced by online software platform (osp) Pending 27-Sep-2023
US-20250103423-A1 Online software platform (osp) monitoring recent data of user for a domain, and reacting to discontinuity of the recent data from historical data of the user for the domain Pending 27-Sep-2023
US-20250104097-A1 Online software platform (osp) reporting periodically to domain based on cumulative base values of received datasets, and changing the frequency of reporting based on the cumulative base values Pending 27-Sep-2023
US-20230401635-A1 Computer networked filing engine Pending 08-Jun-2022 G06Q40/02
To view Avalara’s complete patent history, request access »

Avalara Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Avalara Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Avalara Investments & Acquisitions (32)

Avalara’s most recent deal was a Buyout/LBO with Oobj. The deal was made on 10-Dec-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Oobj 10-Dec-2024 Buyout/LBO Financial Software
Hopscotch (Financial Software) 28-Aug-2024 Merger/Acquisition Financial Software
AppKnit 20-Oct-2022 Buyout/LBO Business/Productivity Software
Paper Crane 01-Jan-2022 Merger/Acquisition Media and Information Services (B2B)
Crowdreason 18-Oct-2021 Merger/Acquisition Financial Software
You’re viewing 5 of 32 investments and acquisitions. Get the full list »

Avalara Affiliates

Subsidiaries (8)

Name Industry Location Year Founded
Hopscotch (Financial Software) New York, NY 2021
DAVO Technologies Westbrook, ME 2011
KTGroup & Technologie Sao Paulo, Brazil 2011
Avalara 1099 & W9 Seattle, WA 2010
Oobj Goiania, Brazil 2008
You’re viewing 5 of 8 affiliates. Get the full list.  »

Avalara FAQs

  • When was Avalara founded?

    Avalara was founded in 2004.

  • Where is Avalara headquartered?

    Avalara is headquartered in Durham, NC.

  • What is the size of Avalara?

    Avalara has 4,631 total employees.

  • What industry is Avalara in?

    Avalara’s primary industry is Financial Software.

  • Is Avalara a private or public company?

    Avalara is a Private company.

  • What is Avalara’s current revenue?

    The current revenue for Avalara is .

  • How much funding has Avalara raised over time?

    Avalara has raised $24.3M.

  • Who are Avalara’s investors?

    Susquehanna Growth Equity, Ares Capital, Vista Equity Partners, and New Mountain Capital have invested in Avalara.

  • Who are Avalara’s competitors?

    PowerPlan, Sovos Compliance, TaxACT, Drake Software, and Thomson Reuters Tax & Accounting are some of the 19 competitors of Avalara.

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