About Avalara
Avalara is a company based in Seattle (United States) founded in 2004 by Scott McFarlane was acquired by Vista Equity Partners in August 2022.. Avalara has raised $342.97 million across 20 funding rounds from investors including Warburg Pincus, European Union and TCV. The company has 1,623 employees as of April 07, 2024. Avalara has completed 15 acquisitions, including Avalara, Avalara MyLodgeTax and Avalara VATlive. Avalara offers products and services including AvaTax, Avalara Returns, and Avalara Exemption Certificate Management. Avalara operates in a competitive market with competitors including TaxAct, TaxDown, OnlinePajak, Blue dot and Anrok, among others.
- Headquarter Seattle, United States
- Employees 1623 as on 07 Apr, 2024
- Founders Scott McFarlane
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Avalara Technologies Private Limited
- Date of Incorporation 20 Jan, 2006
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$65.53 M (USD)72.19as on Mar 31, 2023
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Net Profit
$6.49 M (USD)75.93as on Mar 31, 2023
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EBITDA
$9.62 M (USD)66.41as on Mar 31, 2023
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Total Equity Funding
$342.97 M (USD)
in 20 rounds
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Latest Funding Round
$500 M (USD), Post-IPO
Nov 11, 2025
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Investors
Warburg Pincus
& 10 more
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Employee Count
1623
as on Apr 07, 2024
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Investments & Acquisitions
Avalara
& 14 more
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Acquired by
Vista Equity Partners
(Aug 08, 2022)
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Products & Services of Avalara
Avalara offers a comprehensive portfolio of products and services, including AvaTax, Avalara Returns, and Avalara Exemption Certificate Management. 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.
Cloud-based service for accurate sales and use tax computation.
Tools for preparing and submitting tax returns efficiently.
System for handling tax-exempt sales documents securely.
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Software Development Team
168 people
Leadership Team
61 people
Product Management Team
58 people
Senior Team
50 people
Customer Team
50 people
Sales and Marketing
43 people
Legal and Compliance
32 people
Data Analysis and Operations Team
18 people
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Funding Insights of Avalara
Avalara has successfully raised a total of $342.97M across 20 strategic funding rounds. The most recent funding activity was a Post-IPO round of $500 million completed in November 2025. 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.
- Total Funding Total Funding
- Total Rounds 20
- Last Round Post-IPO — $500.0M
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First Round
First Round
(01 Jun 2005)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Post-IPO - Avalara | Valuation | BlackRock |
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| Aug, 2021 | Amount | Post-IPO - Avalara | Valuation |
investors |
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| Jul, 2019 | Amount | Grant - Avalara | Valuation |
investors |
| 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 |
Investors in Avalara
Avalara has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Warburg Pincus, European Union and TCV. 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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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in global technology companies by TCV.
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Founded Year | Domain | Location | |
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Private equity investments are pursued in Europe and the US.
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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 Avalara
Avalara has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include Avalara, Avalara MyLodgeTax and Avalara VATlive. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Automated data entry and tax management solution
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2014 | ||||
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Automates sales tax collection, filing, and payment for businesses using POS systems.
|
2011 | ||||
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Business processes automation services provider
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Avalara
| 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 |
Avalara Comparisons
Competitors of Avalara
Avalara 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 TaxAct, TaxDown, OnlinePajak, Blue dot and Anrok, 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 |
|---|---|---|---|---|
| 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 |
Tax reporting SaaS platform is provided for SMEs.
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| domain | founded_year | HQ Location |
Tax compliance solutions are delivered for employees and businesses.
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| domain | founded_year | HQ Location |
Cloud-based sales tax compliance solution that automates tax calculation and filing for software-as-a-service companies, enabling them to focus on growth while ensuring compliance with global tax regulations
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| domain | founded_year | HQ Location |
Professional tax preparation software is developed for tax professionals.
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| 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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Latest news on Avalara
Frequently Asked Questions about Avalara
When was Avalara founded?
Avalara was founded in 2004 and raised its 1st funding round 1 year after it was founded.
Where is Avalara located?
Avalara is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of Avalara?
Scott McFarlane is the current CEO of Avalara. They have also founded this company.
Is Avalara a funded company?
Avalara is a funded company, having raised a total of $342.97M across 20 funding rounds to date. The company's 1st funding round was a Grant of $44.93K, raised on Jun 01, 2005.
How many employees does Avalara have?
As of Apr 07, 2024, the latest employee count at Avalara is 1,623.
What is the annual revenue of Avalara?
Annual revenue of Avalara is $65.53M as on Mar 31, 2023.
What does Avalara do?
Avalara was founded in 2004 in Seattle, United States, and operates in the tax compliance sector. Cloud-based platforms are provided to manage sales tax, VAT, and other transactional taxes for businesses. Insights and analytics are offered to support decisions on tax obligations, codes, and rules. Access is granted to a comprehensive database of tax rates and content across multiple countries.
Who are the top competitors of Avalara?
What products or services does Avalara offer?
Avalara offers AvaTax, Avalara Returns, and Avalara Exemption Certificate Management.
How many acquisitions has Avalara made?
Avalara has made 15 acquisitions, including Avalara, Avalara MyLodgeTax, and Avalara VATlive.
Who are Avalara's investors?
Avalara has 11 investors. Key investors include Warburg Pincus, European Union, TCV, Sageview Capital, and Arthur Ventures.
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