June 21, 2021
MarketScreener
Wolters Kluwer : Earns 2021 Star Tribune Top Workplace Honors
(marketscreener.com) First-time participation shows high employee satisfaction https://www.marketscre... See more »
910 Followers on Owler
Vertex
Vertex provides corporate tax processing software and consulting services to help companies worldwide manage taxes and regulatory compliance. Read more
Chairman & CEO
David DeStefano
Annual Revenue
Employees
Headquarters
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Avalara is perceived as one of Vertex's biggest rivals. Avalara was founded in 2004 in Seattle, Washington. Avalara is in the Application Software field. Avalara generates $159.1M more revenue than Vertex.
Weigh-in!
Help the Owler community know moreTrending News for Vertex and Vertex's Competitors
June 22, 2021
Business Wire
Avalara Enables Global Sellers to Manage Treaty and Trade Restrictions for Cross-Border Commerce
SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR), a leading provider of cloud-based tax complianc... See more »
June 21, 2021
TaxJar Blog
Florida "Freedom Week" Means New Sales Tax Holiday
Floridians are accustomed to the Sunshine State's annual springtime "hurricane preparedness" sales ta... See more »
Vertex Quarterly and Annual Revenue
Trailing 12-Months Trend (TTM)
Annual Revenue
$383.7M
Vertex's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 531.9M. Over the last four quarters, Vertex's revenue has grown by 7.6%. Specifically, in Q1 2021's revenue was $98.2M; in Q4 2020, it was $99.5M; in Q3 2020, it was $94.6M; in Q2 2020, Vertex's revenue was $91.3M.
Vertex Acquisitions
COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Taxamo
May 2021
Source »$200M
Taxamo is an Ireland-based end-to-end tax assistance platform for businesses.
Tellutax
Jan 2021
Source »undisclosed
Tellutax is an Oregon-based edge computing company that provides tax management and financial administration solutions for businesses.
These are all the companies that Vertex has acquired. Vertex has acquired 2 companies and its latest acquisition was Taxamo in May 2021. Taxamo is an Ireland-based end-to-end tax assistance platform for businesses.
Vertex Funding History
Since Vertex was founded in 1978, it has participated in 1 round of funding. In total Vertex has raised $401.9M. Vertex's funding round was on Jul 2020 for a total of $401.9M
ROUND
FUNDING DATE
AMOUNT
INVESTORS
IPO
Jul 2020
$401.9M
Since Vertex was founded in 1978, it has participated in 1 round of funding. In total Vertex has raised $401.9M. Vertex's funding round was on Jul 2020 for a total of $401.9M
Vertex Investments
No recent investments found related to Vertex
These are all the companies that Vertex has invested in. Vertex has invested 2 companies and its latest investment was Taxamo in May 2021. Taxamo is an Ireland-based end-to-end tax assistance platform for businesses.
Vertex News
May 19, 2021Law 360
Ex-Coke GC Bradley Gayton Added To Tax Software Co. Board
Coca-Cola Co.'s former general counsel, who resigned suddenly last month and is known for launching a... See more »
May 18, 2021Global Legal Chronicle
Vertex's $200 Million Acquisition of Taxamo
Matheson have advised Vertex Inc., a leading global provider of tax technology solutions, on the acqu... See more »
May 14, 2021The Paypers
Vertex acquires Taxamo for global trade solutions
US-based tax technology solutions provider Vertex has announced the acquisition of Taxamo, a cloud-ba... See more »
May 13, 2021Markets Insider
Vertex Announces First Quarter 2021 Financial Results
KING OF PRUSSIA, Pa., May 13, 2021 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) ("Vertex" or the "... See more »
May 13, 2021Global Security Mag
Vertex Acquires Taxamo
Vertex, Inc. announced it has acquired Taxamo, a cloud-based pioneer in tax and payment automation fo... See more »
May 13, 2021Seeking Alpha
Vertex's (VERX) CEO David DeStefano on Q1 2021 Results - Earnings Call Transcript
April 12, 2021FinanzNachrichten
Vertex Welcomes Dynamic Leader Yvette C. Burton, Ph.D. As Chief People Innovation Officer
Executive Leadership to Advance Company's Global Workforce StrategyKING OF PRUSSIA, Pa., April 12, 20... See more »
Vertex Press Releases
September 15, 2020GlobeNewswire
Vertex Details Trends Around Sales Tax and Recent Spike in Local Tax Rates
KING OF PRUSSIA, Pa., Sept. 15, 2020 (GLOBE NEWSWIRE) -- According to Vertex Inc., (NASDAQ:VERX) ("Ve... See more »
December 17, 2019Business Wire
Vertex Certified SuiteTax Connector Achieves 'Built for NetSuite' Status
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Vertex, Inc., a leading provider of tax software and services,... See more »
December 13, 2019centralcharts
How Vertex helps businesses manage the complexities of international taxation
LONDON, Dec. 13, 2019 (GLOBE NEWSWIRE) -- The global digital economy (GDE) changes rapidly; too fast ... See more »
August 6, 2019Business Wire
New Sales Tax Report Shows an Increase in Rate Changes in First Six Months of 2019
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--According to the bi-annual Tax Rate Report issued by Vertex In... See more »
July 4, 2019PR-Inside
Vertical Exploration Appoints Gary Sosenko to Advisory Board
(PR-inside.com) VANCOUVER, BC / ACCESSWIRE / July 4, 2019 / VERTICAL EXPLORATION INC. (TSX-V: VERT) (... See more »
May 30, 2019Business Wire
Vertex Announces Salesforce Commerce Cloud Integration
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Vertex, Inc., a leading provider of tax technology and service... See more »
March 7, 2019Business Wire
Vertex Deepens Customer Portfolio with Elastic Path Integration
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--lt;a href="https://twitter.com/hashtag/automation?src=hash" ta... See more »
Vertex Videos
December 4, 2020Vertex, Inc. Youtube Channel
"No More Manual Data-Gathering | Vertex Exchange Europe 2018" on YOUTUBE
December 4, 2020Vertex, Inc. Youtube Channel
"Vertex O Series and Returns Solution | Vertex Exchange Europe 2018" on YOUTUBE
December 4, 2020Vertex, Inc. Youtube Channel
"Nothing Standard About SAF-T | Vertex Exchange Europe 2018" on YOUTUBE
December 4, 2020Vertex, Inc. Youtube Channel
"Summit Electric Supply saves time and resources with the implementation of Vertex O Series" on YOUTUBE
Social Media
Vertex Headquarters
Trending Companies
IN THE NEWS
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Vertex Summary
ABOUT
Overview
Vertex provides corporate tax processing software and consulting services to help companies worldwide manage taxes and regulatory compliance. Vertex was founded in 1978. Vertex's headquarters is located in King of Prussia, Pennsylvania, USA 19406. It...
CEO
Vertex's Chairman & CEO, David DeStefano, currently has an approval rating of 99%. Vertex's primary competitors are Avalara, DAVO Technologies, LLC: & Exactor.Website
vertexinc.comFrequently Asked Questions about Vertex
When was Vertex founded?
Vertex was founded in 1978Who is Vertex's CEO?
Vertex's CEO is David DeStefanoHow much revenue does Vertex generate?
Vertex generates $383.7M in revenueHow much funding does Vertex have?
Vertex has historically raised $401.9M in funding
Where is Vertex's headquarters?
Vertex's headquarters is in King of Prussia Pennsylvania, USAHow many employees does Vertex have?
Vertex has 1,100 employeesWhat sector does Vertex operate in?
Vertex is in Application Software, Regulatory Compliance, Enterprise Resource Planning (ERP)Who are Vertex's competitors?
Vertex's top competitors are Avalara, DAVO Technologies, LLC:, Exactor
