Avalara

Grimbergen, Belgium Founded: 2000 • Age: 26 yrs Acquired By Avalara
Tax compliance solutions for businesses are provided by iVAT.
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About Avalara

Avalara is a company based in Grimbergen (Belgium) founded in 2000 was acquired by Avalara in June 2015. It operates as a SaaS (Software-as-a-Service). Avalara offers products and services including AvaTax, Avalara E-Invoicing and Live Reporting, and Making Tax Digital (MTD). Avalara operates in a competitive market with competitors including TAINA Technology, Exactera, LumaTax, Beppo and Arkk Solutions, among others.

  • Headquarter Grimbergen, Belgium
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Avalara, Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Avalara

    (Jun 16, 2015)

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Products & Services of Avalara

Avalara offers a comprehensive portfolio of products and services, including AvaTax, Avalara E-Invoicing and Live Reporting, and Making Tax Digital (MTD). 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.

Primary

Tax rates are calculated automatically for various jurisdictions.

E-invoicing compliance is ensured in over 60 countries.

Compliance with MTD Phase 2 is fully supported.

Funding Insights of Avalara

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Avalara

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

All
Institutional
Investor Description Founded Year Domain Location
Cloud-based tax compliance solutions are delivered for businesses worldwide.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Avalara

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Avalara

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Avalara Comparisons

Employees
+
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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 TAINA Technology, Exactera, LumaTax, Beppo and Arkk Solutions, 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
Compliance management platforms are provided for financial institutions' regulatory needs.
domain founded_year HQ Location
Tax compliance software solutions are provided for business operations.
domain founded_year HQ Location
Tax and compliance management solutions are offered to businesses.
domain founded_year HQ Location
Bookkeeping and tax compliance platform for SMEs and freelancers
domain founded_year HQ Location
Regulatory and statutory reporting solutions are offered for financial firms.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Avalara

Frequently Asked Questions about Avalara

When was Avalara founded?

Avalara was founded in 2000.

Where is Avalara located?

Avalara is headquartered in Grimbergen, Belgium. It is registered at Grimbergen, Flemish Brabant, Belgium.

Who is the current CEO of Avalara?

Scott McFarlane is the current CEO of Avalara.

What does Avalara do?

Tax compliance is streamlined by Avalara through cloud-based software solutions. Operations span across various sectors including retail, ecommerce, manufacturing, and software industries. Solutions are provided for VAT determination, e-invoicing, sales tax management, and international customs duties. Automation is utilized to manage returns, reporting, and registrations. Support is extended to businesses of all sizes, from small enterprises to large corporations, facilitating cross-border sales and compliance in over 75 countries.

Who are the top competitors of Avalara?

Avalara's top competitors include Exactera, TAINA Technology and LumaTax.

What products or services does Avalara offer?

Avalara offers AvaTax, Avalara E-Invoicing and Live Reporting, and Making Tax Digital (MTD).

Who are Avalara's investors?

Avalara has 1 investor. Key investors include Avalara.

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