Advanced SearchNewsfeedFollowed Companies

Avalara's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Avalara is a cloud-based software platform that delivers sales tax automation and compliance solutions.

Avalara's headqua... Read more

Based on data from Avalara's latest SEC filings

Annual Revenue

Based on data from Avalara's latest SEC filings

Employees

Scott McFarlane's photo - Co-Founder & CEO of Avalara

Co-Founder & CEO

Scott McFarlane

CEO Approval Rating

86/100

OVERVIEW

Founded:

2004

Headquarters:

SeattleWashington

Status:

PublicNYSEAVLR

Industry Sector:

Application Software

SIC Code:

7373NAICS listing »

Top Competitors or Alternatives

Missing a competitor? Contribute!

Weigh-in!

Help the Owler community know more

Competitor - 1/1

Is TaxCloud a competitor of Avalara?

I don't know

Trending News for Avalara and Avalara's Competitors

February 27, 2020

MarketScreener

Avalara : Announces RSM as Diamond Sponsor of CRUSH in St. Louis

(marketscreener.com) Avalara , a leading provider of cloud-based tax compliance automation for busine... See more »

February 26, 2020

Drake Software Blog

IRS Wants Farmers and Fishermen to Remember March 2 Deadline

IRS Direct Pay can help taxpayers avoid an estimated tax penalty. If any of your clients make two thi... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

TaxJar is seen as one of Avalara's top competitors. TaxJar was founded in La Jolla, California} in 2013. TaxJar is in the Application Software industry. Compared to Avalara, TaxJar generates $348M less revenue.

PowerPlan is Avalara's #2 competitor. PowerPlan was founded in 1994, and its headquarters is in Atlanta, Georgia. PowerPlan is in the Systems Software field. PowerPlan has 1,237 fewer employees than Avalara.

Exactor is Avalara's #3 rival. Exactor is headquartered in Cynwyd, Pennsylvania, and was founded in 2004. Exactor operates in the Business Support Services industry. Exactor generates 3.41% the revenue of Avalara.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Scott McFarlane

Co-Founder & CEO

- -
1,592
$519.2M
$351.7M
1

Mark Faggiano

Co-Founder & CEO

77/100
54
$60.8M
$3.7M
2

Joe Gomes

CEO

77/100
355
- -
$104.2M
3

Jonathan Barsade

CEO

68/100
65
$3.3M
$12M
4

CEO

- -
1,000
- -
$70M
5

CEO

- -
90
- -
$9.7M
6

David L Campbell

Co-Founder & CEO

59/100
40
- -
$5M
7

Viraj Shinde

CEO

69/100
6
- -
$ < 1M
8

Andy Hovancik

President & CEO

66/100
325
- -
$8.1M
9

CEO

- -
37
- -
$3.7M
10

David DeStefano

President & CEO

87/100
1,000
- -
$293.5M
The top 10 competitors in Avalara's competitive set are TaxJar, PowerPlan, Exactor, Salestax, Altaven, TaxCloud, Arinoz Technologies, Taxware, Netsuite and Vertex. Together they have raised over 64.1M between their estimated 3.0K employees. Avalara has 1,592 employees and is ranked 1st among it's top 10 competitors. The top 10 competitors average 414.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$351.7M

Avalara's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 78.4M. Over the last four quarters, Avalara's revenue has grown by 28.1%. Specifically, in Q3 2019's revenue was $98.5M; in Q2 2019, it was $91.3M; in Q1 2019, it was $85M; in Q4 2018, Avalara's revenue was $76.9M.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Portway International

Aug 2019

Source »
undisclosed
Portway is a provider of outsourced customs brokerage services to the logistics sector.
Indix Corporation

Feb 2019

Source »
undisclosed
Indix develops a cloud-based platform that provides product information and e-commerce research services for the retail industry.
VAT Applications

Jun 2015

Source »
undisclosed
VAT Applications specializes in developing and implementing indirect tax audit and compliance software solutions.
EZTax

Jun 2015

Source »
undisclosed
EZtax is a provider of cloud-based automated tax solutions for the telecommunication industry.
HotSpot Tax Inc.

Mar 2015

Source »
undisclosed
HotSpot Tax offers sales-tax filing services to owners and managers of vacation rental properties in the United States.

These are all the companies that Avalara has acquired. Avalara has acquired 8 companies and its latest acquisition was Portway International in Aug 2019. Portway is a provider of outsourced customs brokerage services to the logistics sector.

Avalara Funding History

Since Avalara was founded in 2004, it has participated in 15 rounds of funding. In total Avalara has raised $519.2M. Avalara's last funding round was on Jun 2018 for a total of $180.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Jun 2018
$180M
-
Equity
Sep 2016
$50M
Series D
Jan 2015
$42M

Technology Crossover Ventures

Equity
Nov 2014
$100M
Equity
Apr 2014
$26.3M

Total Funding: $519.2M

Since Avalara was founded in 2004, it has participated in 15 rounds of funding. In total Avalara has raised $519.2M. Avalara's last funding round was on Jun 2018 for a total of $180.0M

Investments

No recent investments found related to Avalara

Avalara News

February 13, 2020GeekWire

Avalara posts $107M in Q4 revenue, up 40%, as new execs help lead tax automation company

Shares of Avalara were down nearly 3 percent in after-hours trading following the company's fourth qu... See more »
February 12, 2020Zacks

Avalara (AVLR) Reports Q4 Loss, Tops Revenue Estimates

Avalara (AVLR) delivered earnings and revenue surprises of 66.67% and 7.45%, respectively, for the qu... See more »
February 10, 2020Zolmax News

Avalara (AVLR) Set to Announce Quarterly Earnings on Wednesday

Avalara (NYSE:AVLR) is set to announce its earnings results after the market closes on Wednesday, Feb... See more »
February 6, 2020Seeking Alpha

Material Deceleration On The Horizon

See more »
January 23, 2020Silicon Valley Daily

Avalara Announces 17 Newly Certified Integrations Into Business Applications

SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE:AVLR), a leading provider of cloud-based tax compliance... See more »
January 18, 2020Wine Industry Advisor

Avalara for Beverage Alcohol Transitions Leadership to Jeff Carroll

It is with mixed emotion that Avalara announces the retirement of Rachel Dumas Rey as general manager... See more »
January 8, 2020Knowledge Management World

Priority Software and Avalara partner to make tax season easier

Priority ERP is now certified for Avalara AvaTax, giving customers access to tax automation software... See more »

Avalara Blogs

January 24, 2018Avalara Blog

Governors propose surprisingly specific state sales tax changes – Wacky Tax Wednesday

Some astoundingly specific sales tax line items often make it into state budget proposals. The post G... See more »
January 23, 2018Avalara Blog

Amazon to share FBA seller information with Massachusetts

Amazon has agreed to disclose the identities of Fulfillment by Amazon (FBA) sellers with inventory in... See more »
January 22, 2018Avalara Blog

Cuomo proposes internet fairness tax on online sales into New York

New York looks to tax sales by out-of-state marketplace sellers. The post Cuomo proposes internet fai... See more »
January 17, 2018Avalara Blog

When population determines class, and class determines a city’s tax capability – Wacky Tax Wednesday

Only some classifications of cities in Missouri are entitled to levy a sales tax. The post When popul... See more »
January 15, 2018Avalara Blog

Amazon and Etsy are complying with Washington’s marketplace sales tax law: what that means for sellers

Like Amazon, Etsy is now collecting and remitting sales tax on behalf of its marketplace sellers in W... See more »
January 12, 2018Avalara Blog

Supreme Court to hear challenge to online sales tax ruling (Quill)

The Supreme Court of the United States has agreed to consider a case that has the potential to change... See more »
January 10, 2018Avalara Blog

Ready to tune up your revenue engine? Ask yourself these six questions.

Learn to prioritize your growth plan and focus your sales and marketing activities. Attend the webina... See more »

Avalara Press Releases

November 12, 2019PRWeb

Miva, Inc. and Avalara Launch New Module to Simplify Tax Compliance

Module Brings Avalara Tax Compliance Functionality to Miva's Ecommerce Platform(PRWeb November 12, 20... See more »
November 5, 2019Business Wire

Avalara Announces Third Quarter 2019 Financial Results

SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation... See more »
September 18, 2019centralcharts

Avalara Announces 22 Newly Certified Integrations into Business Applications

Avalara, Inc . (NYSE:AVLR), a leading provider of cloud-based tax compliance automation for businesse... See more »
August 1, 2019Business Wire

Avalara to Present at KeyBanc Capital Markets 21st Annual Technology Leadership Forum

SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation... See more »
May 7, 2019Business Wire

Avalara Announces First Quarter 2019 Financial Results

SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation... See more »
May 7, 2019StreetInsider

Avalara Announces First Quarter 2019 Financial Results

Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation for businesses of all siz... See more »
April 26, 2019Business Wire

Avalara to Host Investor and Analyst Day on May 9, 2019

SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation... See more »

Avalara Videos

November 7, 2019Avalara Youtube Channel

"Vacation rental taxes made simple" on YOUTUBE

See more »
October 11, 2019Avalara Youtube Channel

"CRUSH Customer Promo 2019" on YOUTUBE

See more »
October 11, 2019Avalara Youtube Channel

"AvaTax for Microsoft Dynamics 365 Business Central Demo" on YOUTUBE

See more »
October 11, 2019Avalara Youtube Channel

"Why Avalara" on YOUTUBE

See more »
October 11, 2019Avalara Youtube Channel

"Paul Jackson | Avalara and Epicor" on YOUTUBE

See more »
October 11, 2019Avalara Youtube Channel

"Alex Morris-Bouza | Nexus Risk" on YOUTUBE

See more »
September 30, 2019Avalara Youtube Channel

"Happy You - with Avalara's suite of sales and use tax products" on YOUTUBE

See more »

Social Statistics

Headquarters

255 South King Street Suite 1800

Seattle, Washington98104

877-759-6520

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Avalara is a cloud-based software platform that delivers sales tax automation and compliance solutions. Avalara was founded in 2004. Avalara's headquarters is located in Seattle, Washington, USA 98104. It has raised 519.2M in 15 rounds. The latest rou...

CEO

Avalara's Co-Founder & CEO, Scott McFarlane, currently has an approval rating of 86%. Avalara's primary competitors are TaxJar, PowerPlan & Exactor.

Website

avalara.com

Frequently Asked Questions about Avalara

  1. When was Avalara founded?

    Avalara was founded in 2004

  2. Who is Avalara's CEO?

    Avalara's CEO is Scott McFarlane

  3. How much revenue does Avalara generate?

    Avalara generates $351.7M in revenue

  4. How much funding does Avalara have?

    Avalara has historically raised $519.2M in funding

  1. Where is Avalara's headquarters?

    Avalara's headquarters is in Seattle Washington, USA

  2. How many employees does Avalara have?

    Avalara has 1,592 employees

  3. What sector does Avalara operate in?

    Avalara is in Application Software

  4. Who are Avalara's competitors?

    Avalara's top competitors are TaxJar, PowerPlan, Exactor
Stay up-to-date with the latest news on Avalara