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Avalara

Avalara

Avalara, Inc. is a privately held company with headquarters in Seattle, WA. Avalara helps businesses get tax compliance right. Avalara’s customers face demanding tax obligations imposed by state, local, and other taxing authorities around the world, and rely on Avalara to provide efficient and accurate solutions to manage those requirements. The company provides solutions for various transactional taxes, including sales and use, VAT, excise, communications, and others. Each year, Avalara serves customers by processing billions of tax transactions, filing more than a million transaction tax returns, and managing millions of tax exemption certificates and other compliance documents. [1]

Founded in 2004, Avalara is one of six Certified Service Provider available to retailers. [2]

Avalara, Inc
Type
Limited Liability Company
IndustryTransaction Tax Automation
Founded2004; 13 years ago(2004)
FounderRory Rawlings, Scott McFarlane, Jared Vogt
HeadquartersSeattle, WA,USA
Number of locations
15
Area served
Global
Key people
CEO: Scott McFarlane
ServicesSales Tax Management Services Transactional Tax Automation
Websitewww.avalara.com

History

Avalara was founded in 2004.

In 2011 Avalara raised $7 million in venture capital from Sageview Capital.

[3] In 2012 Avalara raised $20 million in additional venture capital from Battery Ventures. [4]

In January 2013 Avalara announced the acquisition of MatrixMaster from TaxMatrix based out of Harrisburg, PA. [5] In February 2013 Avalara announced the acquisition of TTS based out of Raleigh, NC. [6]

Marketplace Fairness Act

Passed by the U.S. Senate in May 2013, The Marketplace Fairness Act would enable state governments to collect sales and use taxes from remote retailers with no physical presence in their state. Avalara has taken no official stance on the legislation.

References

[1]
Citation Linken.wikipedia.orgThe original version of this page is from Wikipedia, you can edit the page right here on Everipedia.Text is available under the Creative Commons Attribution-ShareAlike License.Additional terms may apply.See everipedia.org/everipedia-termsfor further details.Images/media credited individually (click the icon for details).
Aug 4, 2016, 5:49 AM
[2]
Citation Linkcpapracticeadvisor.comLink on cpapracticeadvisor.com
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Citation Linkstreamlinedsalestax.orgLink on streamlinedsalestax.org
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Citation Linkgeekwire.comLink on geekwire.com
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Citation Linkgeekwire.comLink on geekwire.com
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[6]
Citation Linkaccountingweb.comhttp://www.accountingweb.com/press/avalara-acquires-upc-matrix-master%E2%84%A2
Aug 4, 2016, 5:49 AM
[7]
Citation Linkaccountingtoday.comLink on accountingtoday.com
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