Avalara Secures $50,000,000 New Funding Round

  • Feed Type
  • Date
    9/23/2016
  • Company Name
    Avalara
  • Mailing Address
    100 Ravine Lane Northeast Bainbridge Island, WA 98110 USA
  • Company Description
    Avalara is software for automated tax compliance. Whether you are selling online, starting a new business, or need help filing internationally Avalara can help.
  • Website
    http://www.avalara.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $50,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Approximately $50 million of which will be used to fund growth and acquisitions. The remainder of the investment was used to repurchase shares from early investors.
  • M&A Terms
  • Venture Investor
    Warburg Pincus
  • Venture Investor
    Sageview Capital
  • Venture Investor
    Undisclosed

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