Avalara

company

About

Avalara is a cloud-based platform that provides tax compliance software and automated solutions.

Details

Last Funding Type
Private Equity(PE)
Last Funding Money Raised
$100M
Industries
Compliance,E-Commerce,Financial Services,Sales,Software
Founded date
Jan 1, 2004
Number Of Employee
1001 - 5000
Operating Status
Active
Stock Symbol
nyse:AVLR
Legal Name
Avalara, Inc.

Avalara helps businesses of all sizes get tax compliance right. In partnership with leading ERP, accounting, ecommerce, and other financial management system providers, Avalara delivers cloud-based compliance solutions for various transaction taxes, including sales and use, VAT, GST, excise, communications, lodging, and other indirect tax types.

It was founded in 2004 and headquartered in Seattle, Washington.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
11
$498.47M
Avalara has raised a total of $498.47M in funding over 2 rounds. Their latest funding was raised on Jun 12, 2018 from a IPO round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 12, 2018 IPO $157.50M Detail
Sep 22, 2016 Series D $96M 6 Warburg Pincus Detail
Jan 20, 2015 Series D $42.30M 2 TCV
Warburg Pincus
Detail
Nov 10, 2014 Private Equity(PE) $100M 2 Warburg Pincus Detail
May 13, 2014 Series Unknown $26.30M 1 Detail

Investors

Number of Lead Investors
Number of Investors
9
11
Avalara is funded by 11 investors. Warburg Pincus and Agile Equity are the most recent investors.
Investor Name Lead Investor Funding Round
Warburg Pincus Yes Series D
Agile Equity Yes Series A
Arthur Ventures Series D
Battery Ventures Series D
Pioneer Venture Partners Series D
Sageview Capital Series D
TCV Series D
Employee Stock Option Fund Private Equity(PE)
Benaroya Capital Series A
Buckhead Investment Partners Series A

Employee Profiles

Number of Employee Profiles
43
Avalara has 43 current employee profiles, including Executive Tim Gaylor
Executive
Executive
Board member
Employee
Employee

Acquisition

Avalara has acquired 16 organizations. Their most recent acquisition was Taxcient on Jan 27, 2010. They acquired Taxcient for 0.

Date Company Name
Industry Acquisition Type Price
Jan 27, 2010 Taxcient
Compliance merge Detail
Dec 12, 2014 VATlive
Information Services acquisition Detail
Mar 4, 2015 HotSpot Tax
Enterprise Software acquisition Detail
Jun 2, 2015 EZtax
Software acquisition Detail
Jun 16, 2015 VAT Applications
Apps acquisition Detail