About TaxWeb
TaxWeb is a company based in Sao Paulo (Brazil) founded in 2013 was acquired by Sovos Compliance in May 2020.. TaxWeb offers products and services including Sovos Taxrules, Sovos Taxtime, Sovos Taxfiscal, and Sovos NFCom Smart. TaxWeb operates in a competitive market with competitors including TaxAct, TaxDown, OnlinePajak, Blue dot and Exactera, among others.
- Headquarter Sao Paulo, Brazil
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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 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
Employee Count
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Acquired by
Sovos Compliance
(May 05, 2020)
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Products & Services of TaxWeb
TaxWeb offers a comprehensive portfolio of products and services, including Sovos Taxrules, Sovos Taxtime, Sovos Taxfiscal, and Sovos NFCom Smart. 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.
Automates real-time tax determination and calculation integrated with ERP systems.
Manages fiscal obligation delivery, deadlines, and filing activities efficiently.
Controls fiscal operations for generating and delivering regulatory reports.
Handles high-volume invoicing and validates business identifiers like CPF and CNPJ.
Funding Insights of TaxWeb
| 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 TaxWeb
TaxWeb 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 TaxWeb
| 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 - TaxWeb
| 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 |
Taxweb Comparisons
Competitors of TaxWeb
TaxWeb 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 Exactera, 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 |
Tax compliance software solutions are provided for business operations.
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| domain | founded_year | HQ Location |
Tax planning is delivered via chatbots and human advisors.
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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 TaxWeb
When was TaxWeb founded?
TaxWeb was founded in 2013.
Where is TaxWeb located?
TaxWeb is headquartered in Sao Paulo, Brazil.
What does TaxWeb do?
TaxWeb was founded in 2013 in Sao Paulo, Brazil, within the tax compliance software sector. Real-time transaction audits are conducted to verify that correct taxes are applied during operations. Integration with any ERP system is supported, allowing online validation of transactions. Alerts are generated when reported taxes differ from calculated values, aiding compliance for businesses.
Who are the top competitors of TaxWeb?
What products or services does TaxWeb offer?
TaxWeb offers Sovos Taxrules, Sovos Taxtime, Sovos Taxfiscal, and Sovos NFCom Smart.
Who are TaxWeb's investors?
TaxWeb has 1 investor. Key investors include Sovos.