Avalara MyLodgeTax

Centennial, United States Founded: 2003 • Age: 23 yrs Acquired By Avalara
Tax compliance and filing services for lodging businesses are offered.
Annual revenue - Latest available
Total funding $1.6M 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Avalara MyLodgeTax

Avalara MyLodgeTax is a company based in Centennial (United States) founded in 2003 was acquired by Avalara in March 2015. Avalara MyLodgeTax has raised $1.6 million across 1 funding round from investors including Avalara. Avalara MyLodgeTax offers products and services including Avalara AvaTax, Avalara Returns, Avalara Exemption Certificate Management, and Avalara E-Invoicing. Avalara MyLodgeTax operates in a competitive market with competitors including Avalara, Exactera, TAINA Technology, Taxdoo and TaxJar, among others.

  • Headquarter Centennial, United States
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Avalara, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.6 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.6 M (USD), Seed

    Aug 07, 2014

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Avalara

    (Mar 03, 2015)

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Products & Services of Avalara MyLodgeTax

Avalara MyLodgeTax offers a comprehensive portfolio of products and services, including Avalara AvaTax, Avalara Returns, Avalara Exemption Certificate Management, and Avalara E-Invoicing.

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Primary

Cloud-based service for accurate sales and use tax computation.

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Tools for preparing and submitting tax returns efficiently.

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System for handling tax-exempt sales documentation.

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Automates global e-invoicing and live reporting processes.

Funding Insights of Avalara MyLodgeTax

Avalara MyLodgeTax has successfully raised a total of $1.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.6 million completed in August 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Avalara MyLodgeTax

Avalara MyLodgeTax has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Avalara.

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Institutional
Investor Description Founded Year Domain Location
Cloud-based tax compliance solutions are delivered for businesses worldwide.
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Investor details for Avalara MyLodgeTax

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Investments & Acquisitions by Avalara MyLodgeTax

Investments
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Financial Statements - Avalara MyLodgeTax

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Avalara Mylodgetax Comparisons

Avalara MyLodgeTax Primary company
Description
Tax compliance and filing services for lodging businesses ar...
Location
Centennial, United States
Founded Year
2003
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Avalara MyLodgeTax

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Competitors of Avalara MyLodgeTax

Avalara MyLodgeTax 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 Avalara, Exactera, TAINA Technology, Taxdoo and TaxJar, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based tax compliance solutions are delivered for businesses worldwide.
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Tax compliance software solutions are provided for business operations.
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Compliance management platforms are provided for financial institutions' regulatory needs.
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Sales tax management is offered for online retailers.
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Cloud-based tax calculations & compliance solutions for small businesses
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Bookkeeping and tax compliance platform for SMEs and freelancers
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Detailed competitors of Avalara MyLodgeTax

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Latest news on Avalara Mylodgetax

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Frequently Asked Questions about Avalara MyLodgeTax

Avalara MyLodgeTax was founded in 2003 and raised its 1st funding round 11 years after it was founded.

Avalara MyLodgeTax is headquartered in Centennial, United States. It is registered at Centennial, Colorado, United States.

Avalara MyLodgeTax is a funded company, having raised a total of $1.6M across 1 funding round to date.

Avalara MyLodgeTax (fka HotSpot Tax) provides a software platform that enables them to track and manage occupancy-related tax, obtain required licenses, file tax returns, track rate changes and collect appropriate taxes. It informs users of the changing tax regulations, determines vacation rental taxes reporting requirements, calculate taxes, files returns pay amounts due. It charges a one-time 50 license registration fee in addition to monthly charges.

Avalara MyLodgeTax's top competitors include Avalara, Taxdoo and Fonoa.

Avalara MyLodgeTax offers Avalara AvaTax, Avalara Returns, Avalara Exemption Certificate Management, and Avalara E-Invoicing.

Avalara MyLodgeTax has 1 investor. Key investors include Avalara.

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