About Sovos
Sovos is a company based in Marietta (United States) founded in 2008 was acquired by Sovos Compliance in June 2016. It operates as a SaaS (Software-as-a-Service). The company has 9 employees as of December 31, 2015. Sovos offers products and services including eInvoice, eArchive, and eReceipts. Sovos operates in a competitive market with competitors including Vyapar, Billtrust, Paymentus, SumUp and Wolters Kluwer, among others.
- Headquarter Marietta, United States
- Employees 9 as on 31 Dec, 2015
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Sectors
TechnologyFinancial Services
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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 Sovos Compliance, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
9
as on Dec 31, 2015
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Acquired by
Sovos Compliance
(Jun 08, 2016)
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Products & Services of Sovos
Sovos offers a comprehensive portfolio of products and services, including eInvoice, eArchive, and eReceipts. 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.
Global e-invoicing compliance solution for multiple countries offered.
Compliant e-invoice archiving for over 60 countries provided.
Global e-receipt solution for high-volume consumer sales offered.
Funding Insights of Sovos
| 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 Sovos
Sovos 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 Sovos
| 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 - Sovos
| 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 |
Sovos Comparisons
Competitors of Sovos
Sovos 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 Vyapar, Billtrust, Paymentus, SumUp and Wolters Kluwer, 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 |
Cloud-based invoicing and inventory tools for small businesses are provided.
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| domain | founded_year | HQ Location |
Invoice and payment management solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Comprehensive billing and payment solution provider
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| domain | founded_year | HQ Location |
Provider of mPOS solution and card reader for offline retailers
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| domain | founded_year | HQ Location |
Enterprise legal processes are managed via an AI-powered platform.
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| domain | founded_year | HQ Location |
AI-driven legal, regulatory, and policy data analysis is delivered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Sovos
When was Sovos founded?
Sovos was founded in 2008.
Where is Sovos located?
Sovos is headquartered in Marietta, United States. It is registered at Marietta, Georgia, United States.
How many employees does Sovos have?
As of Dec 31, 2015, the latest employee count at Sovos is 9.
What does Sovos do?
E-invoicing compliance solutions are offered by Sovos for over 60 countries, addressing continuous transaction control and VAT gap challenges. Services are extended across multiple continents with clearance, post-audit, and archiving capabilities. Integration with business process platforms is supported, ensuring seamless regulatory updates through a hybrid cloud model. Sectors such as indirect tax and financial reporting are covered, helping multinational companies manage complex tax regulations and digital transformation requirements.
What products or services does Sovos offer?
Sovos offers eInvoice, eArchive, and eReceipts.
Who are Sovos's investors?
Sovos has 1 investor. Key investors include Sovos.