Avalara Lands $100,000,000 New Financing Round

  • Feed Type
  • Date
    11/11/2014
  • Company Name
    Avalara
  • Mailing Address
    100 Ravine Lane NE Bainbridge Island, WA 98110 USA
  • Company Description
    Avalara was founded by a team of tax and software industry veterans to fulfill a vision of delivering an affordable, scalable sales tax solution. Thus making what was not economically feasible in the past for mid-sized business not only affordable, but more accurate as well. And all with the latest and most innovative technology available.
  • Website
    http://www.avalara.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $100,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This investment by Warburg Pincus will allow us to put more dollars to work in our growth initiatives. It also validates our fundamental belief that sales tax compliance automation is inevitable, and Avalara is at the forefront of this movement. We look forward to leveraging the expertise and funding of our new partners to accelerate our growth.
  • M&A Terms
  • Venture Investor

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