About 1099 Pro
1099 Pro is a company based in Calabasas (United States) founded in 1989 was acquired by Sovos Compliance in September 2021.. 1099 Pro offers products and services including 1099 Pro Software, W-2 Pro, 1042-S Pro, and eFiling Services. 1099 Pro operates in a competitive market with competitors including Workiva, TaxAct, TaxDown, Compliance.ai and Exactera, among others.
- Headquarter Calabasas, United States
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name 1099 Pro, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Sovos Compliance
(Sep 07, 2021)
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Products & Services of 1099 Pro
1099 Pro offers a comprehensive portfolio of products and services, including 1099 Pro Software, W-2 Pro, 1042-S Pro, and eFiling Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for preparing and filing 1099 tax forms
Tool for processing and reporting W-2 forms
Software for handling 1042-S international tax forms
Services for electronic filing of tax documents
Funding Insights of 1099 Pro
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 1099 Pro
1099 Pro has secured backing from 1 investor. Prominent investors backing the company include Sovos. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Tax and compliance management solutions are provided for businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 1099 Pro
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 1099 Pro
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
1099 Pro Comparisons
Competitors of 1099 Pro
1099 Pro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Workiva, TaxAct, TaxDown, Compliance.ai and Exactera, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based platform for compliance and reporting management is delivered.
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| domain | founded_year | HQ Location |
Tax filing software is offered for individuals and businesses.
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| domain | founded_year | HQ Location |
Cloud and app-based tax management solutions for individuals and businesses
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| domain | founded_year | HQ Location |
Regulatory change management and regulatory intelligence solutions platform
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| domain | founded_year | HQ Location |
Tax compliance software solutions are provided for business operations.
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| domain | founded_year | HQ Location |
Tax planning is delivered via chatbots and human advisors.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 1099 Pro
When was 1099 Pro founded?
1099 Pro was founded in 1989.
Where is 1099 Pro located?
1099 Pro is headquartered in Calabasas, United States. It is registered at Calabasas, California, United States.
What does 1099 Pro do?
1099 Pro was founded in 1989 in Calabasas, United States, within the tax software sector. An online platform is operated for handling tax filing and compliance needs. Services encompass forms such as ACA 1095, 1098, 1099, 3921, 3922, 5498, W-2, W-2G, 1042-S, and FATCA 8966, along with Puerto Rico requirements, OECD Common Reporting Standard (CRS), and W-9B-Notices. Focus is placed on IRS reporting and international standards for businesses.
Who are the top competitors of 1099 Pro?
What products or services does 1099 Pro offer?
1099 Pro offers 1099 Pro Software, W-2 Pro, 1042-S Pro, and eFiling Services.
Who are 1099 Pro's investors?
1099 Pro has 1 investor. Key investors include Sovos.