Avalara Inc

Overview

Avalara Inc (Avalara) is a technology company that provides cloud-based software platform and other transactional tax compliance solutions. The company's products include certcapture, a tool that create, validate and store sales tax exemption and reseller certificates; avatax, a real-time rate calculation and automatic return filing; sales tax decision automation solutions; matrixmaster, a database of universal product codes; and certexpress, an exemption certificate creation wizard. It certifies integrations with accounting systems, ERP and CRM providers, ecommerce software, and others. The company offers solutions such as sales and use tax, global commerce, small business, excise, communications, lodging and integration solutions. It partners with various software publishers and developers, resellers, CPA experts, financial services providers, and technology partners. The company operates through its offices in Belgium, India, Brazil, the UK and the US. Avalara is headquartered in Seattle, Washington, the US.
Key Stats
Address
255 S King St Ste 1800, SEATTLE, Washington
Headquarters

United States of America

Contact

1 206 8264900

No of Employees

3,351

Industry

Technology and Communications

Ticker Symbol & Exchange​

AVLR [NYSE]

Revenue (2020)

$501 m

31% (2020 vs 2019)
Net Income (2020)

$-49 m

2.4% (2020 vs 2019)
Net Profit Margin

-10 %

25.1% (2020 vs 2019)
Market Cap *

$16,189 m

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Avalara IncVertex Inc.
Key Information
Headquarters United States of America United States of America
Headquarter City SEATTLE KING OF PRUSSIA
Headquarter State/Province Washington Pennsylvania
No. of Employees 3,351 1,200
Entity Type Public Public

Products & Services

Avalara operates as a technology company. The key products of company include the following:

Products
  • Products
  • Avalara AvaTax
  • Avalara CertCapture
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
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History

Year Event Description
2021 Asset Purchase In April, the company acquired assets from DAVO Technologies.
2020 Asset Purchase In November, the company acquired the operational assets of Business Licenses LLC.
2020 Contracts/Agreements In June, the company announced to expand its partnership with BigCommerce to solve their tax…
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Locations


Avalara Technologies Private Ltd.

Address

Universal House, 426/1,Gokhle Road, Shivajinagar, Pune
India

Telephone

91 20 25662053

Website

www.taxrates.com
INPOSIA Solutions GmbH

Address

Ottostrasse 18, Karlsruhe
Germany

Telephone

49 721 509550

Website

www.inposia.com
Impendulo Ltd

Address

85 Gresham St, London
United Kingdom

Telephone

44 020 30087955

Website

www.impendulo.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
20 Apr 2021 Avalara Acquires Assets from DAVO Technologies Asset Transaction Avalara Inc DAVO Technologies, LLC
29 Dec 2020 Avalara Acquires INPOSIA Solutions Acquisition Avalara Inc INPOSIA Solutions GmbH
02 Dec 2020 Avalara Acquires Impendulo Acquisition Avalara Inc Impendulo Ltd
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