September 26, 2016 3:51 PM ET

Internet Software and Services

Company Overview of Avalara Inc.

Company Overview

Avalara Inc. provides a cloud-based software platform that provides a suite of sales and other transactional tax compliance solutions to businesses globally. It offers AvaTax, a sales tax decision automation software that automates sales and use tax through the existing ERP, POS, or ecommerce system. The company also provides Avalara Returns, an automated sales tax return software that helps the user to manage the remittance. In addition, it offers Avalara TrustFile, a software for filing state sales tax for ecommerce sellers and accounting professionals. Further, the company provides CertCapture, a tax document management software that enables businesses to capture and securely submit compl...

1100 2nd Avenue

Suite 300

Seattle, WA 98101

United States

Founded in 1999

Phone:

855-669-5116

Fax:

206-780-5011

Key Executives for Avalara Inc.

Founder, Chief Executive Officer and Director
Co-Founder, Chairman and Chief Technology Officer
Co-Founder and Chief Tax Automation Officer
President of Avalara ISPI Inc
Executive Vice President and General Counsel
Age: 52
Compensation as of Fiscal Year 2016.

Avalara Inc. Key Developments

Avalara Eyes Acquisitions

Avalara Inc. is looking for acquisition opportunities. Avalara announced it has raised approximately $50 million in net new growth capital. Existing shareholders invested a total of $96 million in Avalara, approximately $50 million of which will be used to fund growth and acquisitions.

Avalara Partners with E-dreamz to Automate Sales Tax Management

Avalara Inc. announced that E-dreamz has joined Avalara's community of certified solution partners. Avalara's solution partners are software publishers that integrate Avalara's software as a service (SaaS) offering for sales tax management directly into their own applications. As a result of this partnership, customers who now use E-dreamz's Echo+ ecommerce solution can now benefit from Avalara, which automatically calculates applicable taxes, fees, and surcharges for every billing line item, in real-time. Avalara helps reduce the tedious work and complexity of calculating taxes for millions of products and services across the U.S., Canada, Europe, and dozens of other international jurisdictions, giving users more time to focus on driving their own business success. In addition, Echo+ users can add Avalara's tax return preparation, filing, and remittance services.

Avalara Partners With Aria Systems to Automate Communications Tax Management

Avalara Inc. and Aria Systems announced that Aria has fulfilled Avalara's rigorous certification requirements for communications tax management and joined its community of certified communications solution partners. Avalara's solution partners are software publishers that integrate Avalara's software as a service (SaaS) offering for tax management directly into their own applications. Aria first became a certified solutions partner for Avalara in July after it completed the certification process for sales and use tax compliance. As a result of this partnership, Aria's CSP customers can now benefit from Avalara, which automatically calculates applicable taxes, fees, and surcharges for every billing line item, in real-time. AvaTax for Communications integrates with the Aria for Communications monetization platform to provide tax solutions specifically for the communications industry. Avalara complements Aria's cloud-based monetization capabilities by reducing the tedious work and complexity of calculating taxes for millions of products and services across the U.S., Canada, Europe, and dozens of other international jurisdictions. Tax data is updated on a continuous basis by a team of experts who understand the complex tax rules and regulations required for compliance. By using the combined Avalara-Aria solution, CSPs have more time to focus on driving their own business success. In addition, Aria customers can add Avalara's tax return preparation, filing, and remittance services.

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Recent Private Companies Transactions

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September 12, 2016
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