About Taxware
Taxware is a company based in Wilmington (United States) founded in 1979 was acquired by ADP in October 2006.. Taxware has completed 1 acquisition, including Sovos. Taxware operates in a competitive market with competitors including Avalara, Exactera, TAINA Technology, OpenEnvoy and Beppo, among others.
- Headquarter Wilmington, United States
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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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Funding Insights of Taxware
| 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 Taxware
Taxware has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ADP. 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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Cloud-based HR management solutions are offered for payroll and compliance.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Taxware
Taxware has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sovos. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Tax compliance software is provided for finance and related sectors.
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1986 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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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 - Taxware
| 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 |
Taxware Comparisons
Competitors of Taxware
Taxware 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, OpenEnvoy and Beppo, 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 |
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| domain | founded_year | HQ Location |
Cloud-based tax compliance solutions are delivered for businesses worldwide.
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| domain | founded_year | HQ Location |
Tax compliance software solutions are provided for business operations.
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| domain | founded_year | HQ Location |
Compliance management platforms are provided for financial institutions' regulatory needs.
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| domain | founded_year | HQ Location |
Cloud-based AI detects fraud in business accounts payable processes.
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| domain | founded_year | HQ Location |
Bookkeeping and tax compliance platform for SMEs and freelancers
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| domain | founded_year | HQ Location |
Tax and compliance management solutions are offered to businesses.
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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 Taxware
When was Taxware founded?
Taxware was founded in 1979.
Where is Taxware located?
Taxware is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Who is the current CEO of Taxware?
Andrew Hovancik is the current CEO of Taxware.
What does Taxware do?
Taxware was established in 1979 in Wilmington, United States, within the financial technology sector. A platform is provided by the company to manage tax compliance processes for businesses. Operations focus on software solutions that handle tax calculations, reporting, and regulatory adherence. Services are delivered globally, supporting various industries with automated tools for accuracy and efficiency in tax obligations. The leadership is headed by CEO Andrew Hovancik.
Who are the top competitors of Taxware?
Taxware's top competitors include Avalara, Exactera and TAINA Technology.
How many acquisitions has Taxware made?
Taxware has made 1 acquisition, including Sovos.
Who are Taxware's investors?
Taxware has 1 investor. Key investors include ADP.