Sovos

Sovos is a web-based platform that offers e-invoicing compliance and tax reporting solutions for businesses. Read more

2,468 Followers on Owler
2,468 Followers on Owler
2,468 Followers on Owler
2,468 Followers on Owler

Sovos

Sovos is a web-based platform that offers e-invoicing compliance and tax reporting solutions for businesses. Read more

Andrew Hovancik's photo - President & CEO of Sovos

President & CEO

Andrew Hovancik

CEO Approval Rating

74/100

Founded:

2015

Status:

PrivateAcquired by HgCapital

SOVOS TOP COMPETITORS OR ALTERNATIVES

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APEX Analytix is Sovos's biggest rival. APEX Analytix was founded in 1988, and is headquartered in Greensboro, North Carolina. APEX Analytix competes in the Diversified Financial Services industry. APEX Analytix generates $145M less revenue vs. Sovos.

Avalara is one of Sovos's top competitors. Avalara's headquarters is in Seattle, Washington, and was founded in 2004. Like Sovos, Avalara also works within the Application Software sector. Avalara generates 241% of Sovos's revenue.

Ryan is seen as one of Sovos's top competitors. Ryan is a Private company that was founded in 1991 in Dallas, Texas. Ryan operates in the Management Consulting Services industry. Compared to Sovos, Ryan has 1,100 more employees.

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Growth Score - 1/1

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Sovos Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Acepta

May 2021

Source »
undisclosed
Acepta is a Chile-based digital enablement company that provides biometric verification, electronic invoice, document digitization, and related solutions for businesses.
Fit Sistemas

Mar 2021

Source »
undisclosed
Fit Sistemas is a tax compliance firm that provides cloud-based regulatory reporting and electronic invoicing solutions for the finance industry.
Lemberger & Taubman, Inc.

Dec 2020

Source »
undisclosed
LTtax is a developer of payroll withholding and unemployment tax software for retailers, financial institutions and insurers.
Accordance Technical Service Ltd.

Jul 2020

Source »
undisclosed
Accordance is an advisory firm that provides VAT compliance, consulting and recovery services for businesses.
Keane Unclaimed Property

Jul 2020

Source »
undisclosed
Keane is a consulting firm that offers unclaimed property communications, compliance and escheatment education services for businesses.

These are all the companies that Sovos has acquired. Sovos has acquired 15 companies and its latest acquisition was Acepta in May 2021. Acepta is a Chile-based digital enablement company that provides biometric verification, electronic invoice, document digitization, and related solutions for businesses.

Sovos Funding History

No recent funding data found related to Sovos

Sovos Investments

No recent investments found related to Sovos

These are all the companies that Sovos has invested in. Sovos has invested 15 companies and its latest investment was Acepta in May 2021. Acepta is a Chile-based digital enablement company that provides biometric verification, electronic invoice, document digitization, and related solutions for businesses.

Sovos News

March 5, 2021Global Legal Chronicle

Sovos' Acquisition of Millenium Solues em Tecnologia and Fit Sistemas Solues

Veirano Advogados and Cândido Martins Advogados advised on the deal. Sovos Group in Brazil, through T... See more »
December 9, 2020FinTech InShorts

Acquires VAT managed services company Accordance -

Sovos: Acquires VAT managed services company Accordance... See more »
December 8, 2020Finextra

Sovos buys LTtax

Global tax software provider Sovos today announced it has acquired LTtax, a New York-based provider o... See more »
December 8, 2020Newyork Citybizlist

Sovos Acquires LTtax

Global tax software provider Sovos today announced it has acquired LTtax, a New York-based provider o... See more »
December 8, 2020Boston Citybizlist

Sovos Acquires LTtax

Global tax software provider Sovos today announced it has acquired LTtax, a New York-based provider o... See more »
August 20, 2020FE Investegate

Hg further invests in Sovos

11:00 AM: (HGT) Hg further invests in Sovos... See more »
August 20, 2020privateequitywire

Sovos secures investment from Hg Saturn and TA Associates

Sovos secures investment from Hg Saturn and TA Associates Submitted 20/08/2020 - 4:53pm Hg, a global ... See more »

Sovos Blogs

December 17, 2020Sovos Blog

Audio Blog: VAT Trends: Toward Continuous Transaction Controls Part One

Today we will be previewing the upcoming release of the 12th edition of the Sovos Trends in Continuou... See more »
December 16, 2020Sovos Blog

Energy, Oil & Gas Industry in Unclaimed Property

by: Gary Joseph, MBA, CIA, Senior Consulting Manager Unclaimed property compliance for energy, oil an... See more »
December 16, 2020Sovos Blog

New Year and New Requirements for India’s E-Invoicing Mandate

Taxpayers have gone through an eventful year in India. The e-invoicing mandate, initially planned to ... See more »
December 16, 2020Sovos Blog

Annual Reconciliations: What You Need to Know

Annual reconciliations can be a critical aspect for businesses as they work to achieve tax compliance... See more »
December 15, 2020Sovos Blog

Kentucky to Begin Permitting DtC Shipping of Alcohol

In April, 2020, Kentucky passed HB 415, which established new rules permitting the direct-to-consumer... See more »
December 15, 2020Sovos Blog

Sovos Global Tax Determination Data Shows Unprecedented Transactions on Black Friday, Cyber Monday

Black Friday and Cyber Monday 2020 were record-breaking shopping days, further showing that e-commerc... See more »
December 14, 2020Sovos Blog

Ask Alex: Your Bev Alc Compliance Questions Answered (December 2020)

How do I know if the new economic nexus sales tax rules in Illinois apply to my business? Illinois re... See more »

Sovos Press Releases

March 30, 2021PRWeb

Sovos to Provide Automated Tax Information Reporting for Celsius Network in 2020 Tax Season and Beyond

As largest filer of 1099 forms, Sovos will ensure Celsius crypto investors, borrowers and lenders rem... See more »
March 24, 2021PRWeb

Sovos ShipCompliant and BigCommerce Announce Integration via iFuel, Expanding Merchant Support for the Popular Ecommerce Platform

With BigCommerce support via iFuel's new Alcohol2Consumer integration solution, Sovos ShipCompliant e... See more »
March 23, 2021PRWeb

New InfoBrief Highlights Increased Focus on Payments and Withholding to Gig, Contractors and MLM Workers

Sponsored InfoBrief from Sovos Provides Insights for Gig, Technology and Multi-level Marketing Indust... See more »
December 16, 2020PRWeb

Sovos Highlights 4 Tax Compliance Megatrends Facing Multinational Companies

12th Edition of Annual Trends Report Puts Spotlight on Current and Near-term Legal Requirements Acros... See more »
December 1, 2020PRWeb

Sovos' Global Tax Determination 8.8 Achieves SAP Certified Integration with SAP S/4HANA

As the digitization of tax continues to raise compliance stakes worldwide, businesses need a complete... See more »
November 24, 2020PRWeb

Sovos and Axway Software Partner to Reduce Complexity of Global Tax Management

Sovos' global solution for tax determination, continuous transaction control compliance and tax repor... See more »
November 23, 2020PRWeb

Cryptocurrency Leader Bitstamp Selects Sovos for Tax Information Reporting

Sovos automation technology will provide 1099 forms and more to ensure crypto tax reporting complianc... See more »

Sovos Videos

Social Media

Sovos Headquarters

200 Ballardvale Street 4th Floor

Wilmington, Massachusetts01887

866-890-3970

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Sovos Summary

ABOUT

Overview

Sovos is a web-based platform that offers e-invoicing compliance and tax reporting solutions for businesses. Sovos was founded in 2015. Sovos' headquarters is located in Wilmington, Massachusetts, USA 01887. Sovos' President & CEO, Andrew Hovancik, c...

CEO

Sovos's President & CEO, Andrew Hovancik, currently has an approval rating of 74%. Sovos's primary competitors are APEX Analytix, Avalara & Ryan.

Website

sovos.com

Frequently Asked Questions about Sovos

  1. When was Sovos founded?

    Sovos was founded in 2015
  2. Who is Sovos's CEO?

    Sovos's CEO is Andrew Hovancik
  3. How much revenue does Sovos generate?

    Sovos generates $225M in revenue
  4. How much funding does Sovos have?

    Sovos has historically raised $0 in funding
  1. Where is Sovos's headquarters?

    Sovos's headquarters is in Wilmington Massachusetts, USA
  2. How many employees does Sovos have?

    Sovos has 1,700 employees
  3. What sector does Sovos operate in?

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

    Sovos's top competitors are APEX Analytix, Avalara, Ryan