About Vertex Inc.
Vertex Inc. is a company based in King Of Prussia (United States) founded in 1978. The company has 1,900 employees as of December 31, 2024. Vertex Inc. has completed 5 acquisitions, including LCR-Dixon, Systax and Taxamo. Vertex Inc. operates in a competitive market with competitors including TaxAct, TaxDown, OnlinePajak, Blue dot and Anrok, among others.
- Headquarter King Of Prussia, United States
- Employees 1900 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Vertex, Inc.
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Annual Revenue
$666.78 M (USD)16.49as on Dec 31, 2024
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Net Profit
-$52.73 M (USD)-302.73as on Dec 31, 2024
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EBITDA
$113.7 M (USD)43.26as on Dec 31, 2024
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Latest Funding Round
$345 M (USD), Post-IPO
Apr 26, 2024
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Investors
Not available
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Employee Count
1900
as on Dec 31, 2024
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Investments & Acquisitions
LCR-Dixon
& 4 more
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IPO & Listings of Vertex Inc.
Vertex Inc. is a publicly listed company on the NASDAQ with ticker symbol VERX in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Vertex Inc.
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Funding Insights of Vertex Inc.
Investments & Acquisitions by Vertex Inc.
Vertex Inc. has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include LCR-Dixon, Systax and Taxamo.
Investment portfolio details for Vertex Inc.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Tax management solutions are provided for business compliance and digitization.
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Locked | Locked | 2018 | Locked | |
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Automated B2B communication and e-invoicing services are provided via cloud.
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Locked | Locked | 2012 | Locked | |
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Tax management solutions for international e-commerce are provided.
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Locked | Locked | 2010 | Locked |
Complete acquisition details for Vertex Inc.
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
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Verified entity values are shown only after access is granted.
Financial Statements - Vertex Inc.
Detailed financials for Vertex Inc.
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Vertex Inc. Comparisons
Peer comparison for Vertex Inc.
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Competitors of Vertex Inc.
Vertex Inc. 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 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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| Locked | Locked | Locked |
Tax reporting SaaS platform is provided for SMEs.
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| Locked | Locked | Locked |
Tax compliance solutions are delivered for employees and businesses.
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| Locked | Locked | Locked |
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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| Locked | Locked | Locked |
Professional tax preparation software is developed for tax professionals.
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Detailed competitors of Vertex Inc.
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Latest news on Vertex Inc.
Complete news archive for Vertex Inc.
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Frequently Asked Questions about Vertex Inc.
Vertex Inc. was founded in 1978 and raised its 1st funding round 46 years after it was founded.
Vertex Inc. is headquartered in King Of Prussia, United States. It is registered at King Of Prussia, Pennsylvania, United States.
David DeStefano is the current CEO of Vertex Inc..
As of Dec 31, 2024, the latest employee count at Vertex Inc. is 1,900.
Annual revenue of Vertex Inc. is $666.78M as on Dec 31, 2024.
Vertex was founded in 1978 and is headquartered in King of Prussia, United States. Cloud-based software and consulting services are offered for tax management in the corporate sector. Solutions cover income and transaction taxes, including sales and use tax, value-added tax, lease tax, and communications tax. Key features encompass tax determination, data management, compliance, and reporting. Operations focus on global tax challenges for businesses.
Yes, Vertex Inc. is publicly traded on NASDAQ under the ticker symbol VERX.
The ticker symbol of Vertex Inc. is VERX on NASDAQ.