About Accordance VAT
Accordance VAT is a company based in Brighton (United Kingdom) founded in 2007 was acquired by Sovos Compliance in July 2020.. The company has 978 employees as of December 31, 2022.
- Headquarter Brighton, United Kingdom
- Employees 978 as on 31 Dec, 2022
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$14.9 M (USD)54as on Jun 30, 2021
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Net Profit
$814.44 K (USD)150as on Jun 30, 2021
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
978
as on Dec 31, 2022
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Acquired by
Sovos Compliance
(Jul 07, 2020)
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Funding Insights of Accordance VAT
| 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 Accordance VAT
Accordance VAT 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 Accordance VAT
| 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 - Accordance VAT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Accordance Vat Comparisons
Competitors of Accordance VAT
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Accordance VAT
When was Accordance VAT founded?
Accordance VAT was founded in 2007.
Where is Accordance VAT located?
Accordance VAT is headquartered in Brighton, United Kingdom. It is registered at Brighton, East Sussex, United Kingdom.
Who is the current CEO of Accordance VAT?
Lucy Franklin is the current CEO of Accordance VAT.
How many employees does Accordance VAT have?
As of Dec 31, 2022, the latest employee count at Accordance VAT is 978.
What is the annual revenue of Accordance VAT?
Annual revenue of Accordance VAT is $14.9M as on Jun 30, 2021.
What does Accordance VAT do?
Accordance was established in 2007 in Brighton, United Kingdom. Tax compliance, VAT management, and consulting services are delivered to support businesses in navigating fiscal regulations. Operations are centered in the professional services sector, with a focus on international and domestic compliance needs. The company is headed by CEO Lucy Franklin, overseeing activities from its UK base.
Who are Accordance VAT's investors?
Accordance VAT has 1 investor. Key investors include Sovos.