Avalara

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

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

Co-Founder & CEO

Scott McFarlane

CEO Approval Rating

90/100

Founded:

2004

Status:

PublicIndependent CompanyNYSEAVLR

AVALARA TOP COMPETITORS OR ALTERNATIVES

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CCH Group is seen as one of Avalara's top competitors. CCH Group was founded in New York, New York} in 1913. CCH Group is in the Business Support Services industry. Compared to Avalara, CCH Group generates $398.7M less revenue.

Sovos is Avalara's #2 competitor. Sovos was founded in 2015, and its headquarters is in Wilmington, Massachusetts. Sovos competes in the Application Software industry. Sovos has 1,651 fewer employees than Avalara.

Vertex is Avalara's #3 rival. Vertex is headquartered in King of Prussia, Pennsylvania, and was founded in 1978. Like Avalara, Vertex also competes in the Application Software industry. Vertex generates 88% the revenue of Avalara.

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Avalara Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$431.3M

Avalara's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 85M. Over the last three quarters, Avalara's revenue has grown by 31.9%. Specifically, in Q1 2021's revenue was $153.6M; in Q3 2020, it was $255.8M; in Q2 2020, it was $116.5M.

Avalara Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
DAVO Technologies, LLC

Apr 2021

Source »
undisclosed
DAVO is a Maine-based SaaS platform that provides automated sales tax management and compliance solutions for small businesses.
Impendulo Limited

Dec 2020

Source »
undisclosed
Impendulo is a consulting firm that provides Insurance Premium Tax compliance services for businesses.
INPOSIA Solutions GmbH

Dec 2020

Source »
undisclosed
INPOSIA develops a cloud-based platform that provides E-invoicing, digital tax reporting, and data integration solutions for enterprises.
Business Licenses LLC

Nov 2020

Source »
$97M
Business Licenses offers content, software and services to automate business license compliance.
Transaction Tax Resources, Inc.

Oct 2020

Source »
$377M
TTR is a consulting firm that provides sales tax research, exemption certificate management, automation and advisory services for businesses.

These are all the companies that Avalara has acquired. Avalara has acquired 17 companies and its latest acquisition was DAVO Technologies, LLC in Apr 2021. DAVO is a Maine-based SaaS platform that provides automated sales tax management and compliance solutions for small businesses.

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
Equity
Nov 2014
$100M

Warburg Pincus

Equity
Apr 2014
$26.3M

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

Avalara Investments

No recent investments found related to Avalara

These are all the companies that Avalara has invested in. Avalara has invested 17 companies and its latest investment was DAVO Technologies, LLC in Apr 2021. DAVO is a Maine-based SaaS platform that provides automated sales tax management and compliance solutions for small businesses.

Avalara News

May 26, 2021MarketScreener

The PACT Act now includes vaping, cannabis, and other e-cigarettes

(marketscreener.com) The omnibus and COVID-19 relief bill signed into law on December 27, 2020, was a... See more »
May 10, 2021MarketScreener

to Host Virtual Analyst Day on May 27, 2021 at Avalara CRUSH Virtual

(marketscreener.com) Avalara, Inc. , a leading provider of tax compliance automation for businesses o... See more »
May 7, 2021Zacks

Avalara (AVLR) Reports Q1 Loss, Tops Revenue Estimates

Avalara (AVLR) delivered earnings and revenue surprises of 27.27% and 7.48%, respectively, for the qu... See more »
May 5, 2021Seeking Alpha

Best To Wait

April 30, 2021MarketScreener

3 ways subscription ecommerce can help you scale your business and grow revenue

(marketscreener.com) We've been seeing a significant shift in how businesses are interacting with the... 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

April 22, 2021StreetInsider

Avalara Announces Launch of Corporate Sustainability Website

SEATTLE--(BUSINESS WIRE)-- Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automatio... See more »
April 20, 2021Business Wire

Avalara to Announce First Quarter 2021 Financial Results on May 6, 2021

SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation... See more »
April 16, 2021PR Newswire

Learn from the Leaders

SAN FRANCISCO, April 16, 2021 /PRNewswire/ -- WHAT The pandemic has forever changed how, when and whe... See more »
April 8, 2021Business Wire

Avalara Announces Avalara CRUSH Virtual Keynote Details and Featured Speakers

SEATTLE--(BUSINESS WIRE)--Avalara (NYSE: AVLR), a leading provider of tax compliance automation for b... See more »
February 19, 2021EIN Presswire

VARStreet and Avalara Sales Tax Software Integrations for Accurate Taxation and Compliance

VARStreet's sales quotation and eCommerce applications come with an Avalara integration amongst other... See more »
November 5, 2020Business Wire

Avalara Announces Third Quarter 2020 Financial Results

SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation... See more »
October 29, 2020Business Wire

Avalara to Participate in Upcoming Investor Conferences

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

Avalara Videos

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Avalara Headquarters

255 South King Street Suite 1800

Seattle, Washington98104

877-759-6520

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Avalara 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 90%. Avalara's primary competitors are CCH Group, Sovos & Vertex.

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 $431.3M 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 3,351 employees
  3. What sector does Avalara operate in?

    Avalara is in Application Software, Internet Software, Fintech
  4. Who are Avalara's competitors?

    Avalara's top competitors are CCH Group, Sovos, Vertex