About Drake Software
Drake Software is a company based in Knoxville (United States) founded in 1976. Drake Software has completed 1 acquisition, including GruntWorx. Drake Software offers products and services including Drake Tax, Drake Accounting, Drake Portals, and Drake Pay. Drake Software operates in a competitive market with competitors including TaxAct, TaxDown, Exactera, TaxScouts and Anrok, among others.
- Headquarter Knoxville, 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 Drake Software, Llc
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Products & Services of Drake Software
Drake Software offers a comprehensive portfolio of products and services, including Drake Tax, Drake Accounting, Drake Portals, and Drake Pay.
Software for preparing and e-filing tax returns efficiently.
Application for managing accounting and payroll tasks.
Platform for secure document sharing between professionals and clients.
Service for accepting credit and debit payments securely.
Funding Insights of Drake Software
Investors in Drake Software
Drake Software has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Cinven.
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Private equity investments and portfolio management services are provided by Cinven across various sectors.
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Investor details for Drake Software
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Drake Software
Drake Software has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include GruntWorx.
Investment portfolio details for Drake Software
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Tax automation and organization software is provided for professionals.
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Locked | Locked | 2005 | Locked |
Complete acquisition details for Drake Software
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
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- Domains and locations
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Financial Statements - Drake Software
Detailed financials for Drake Software
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- Profit trends
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Drake Software Comparisons
Peer comparison for Drake Software
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Drake Software
Drake Software 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, Exactera, TaxScouts and Anrok, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Tax filing software is offered for individuals and businesses.
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Cloud and app-based tax management solutions for individuals and businesses
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Tax compliance software solutions are provided for business operations.
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Tax planning is delivered via chatbots and human advisors.
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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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Detailed competitors of Drake Software
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Latest news on Drake Software
Complete news archive for Drake Software
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- Brand-specific news history
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Frequently Asked Questions about Drake Software
Drake Software was founded in 1976 and raised its 1st funding round 45 years after it was founded.
Drake Software is headquartered in Knoxville, United States. It is registered at Knoxville, Tennessee, United States.
Founded in 1976 and headquartered in Knoxville, United States, Drake Software operates in the tax preparation sector. Tools are supplied to assist tax professionals with data entry, tax scenario analysis, and filing decisions. Support is extended for business development and client acquisition through integrated features. Operations focus on delivering reliable software solutions for annual tax compliance needs across various professional workflows.
Drake Software offers Drake Tax, Drake Accounting, Drake Portals, and Drake Pay.
Drake Software has made 1 acquisition, including GruntWorx.
Drake Software has 1 investor. Key investors include Cinven.