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Avalara revenue is $500.6 million

Avalara is worth $1.4 billion valuation

Avalara team size is 2960 employees


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Avalara

- Seattle, Washington, United States

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How Avalara hit $500.6M Revenue with 30K customers in 2022.

Avalara is a cloud-based software platform that delivers a broad array of compliance services related to sales tax and other transactional taxes. The company integrates with ERP and e-commerce software systems that serve businesses worldwide. It specializes in sales tax automation, channel marketing, sales tax compliance, tax return filing services, customer support, integrations into ERP and e-commerce applications and exemption certificate management. The company was founded in 2004 and is headquartered in Seattle, Washington. It follows an aggressive acquisition strategy and seeks to acquire businesses that will help the company to expand its business internationally.

Founded

2004

Founded

Revenue

$500.6M

2022 Revenue

YOY
-----

YOY

Funding

$571.3M

Funding


Avalara Revenue

In 2022, Avalara revenue run rate hit $500.6M in revenue.

  • 2020

    Avalara hit $500.6M in revenue in 2020

  • 2019

    Avalara hit $382.4M in revenue in 2019

  • 2004

    Avalara launched in 2004 with $0 revenue

31.00% ▲$382.4M$500.6M

Avalara Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2018

    Avalara raised a of $180M at a $1.4B valuation in June 2018

  • 2016 Series D

    Avalara raised a Series D of $96M at a $925M valuation in September 2016

  • 2015 Series D

    Avalara raised a Series D of $42.3M at a $803.2M valuation in January 2015

  • 2014 Private Equity Round

    Avalara raised a Private Equity Round of $100M at a $703.2M valuation in November 2014

  • 2014 Venture Round

    Avalara raised a Venture Round of $26.3M at a $547.3M valuation in May 2014

  • 2014 Series C

    Avalara raised a Series C of $30M at a $517.3M valuation in February 2014

  • 2013

    Avalara raised a of $28.6M at a $28.6M valuation in November 2013

  • 2013 Venture Round

    Avalara raised a Venture Round of $425.4K

  • 2012 Venture Round

    Avalara raised a Venture Round of $20M at a $230M valuation in June 2012

  • 2011 Series B

    Avalara raised a Series B of $21M at a $65.1M valuation in April 2011

  • 2010 Series A

    Avalara raised a Series A of $4.9M at a $50M valuation in May 2010

  • 2009

    Avalara raised a of $3.1M at a $18M valuation in June 2009

  • 2008

    Avalara raised a of $13.2M at a $22.8M valuation in October 2008

  • 2005

    Avalara raised a of $5.4M at a $17.4M valuation in December 2005

FUNDING DATEROUNDAMOUNTVALUATION
06/15/2018 $180M $1.4B
09/22/2016 Series D $96M $925M
01/20/2015 Series D $42.3M $803.2M
11/10/2014 Private Equity Round $100M $703.2M
05/13/2014 Venture Round $26.3M $547.3M
02/13/2014 Series C $30M $517.3M
11/08/2013 $28.6M $28.6M
01/08/2013 Venture Round $425.4K
06/27/2012 Venture Round $20M $230M
04/21/2011 Series B $21M $65.1M
05/27/2010 Series A $4.9M $50M
06/24/2009 $3.1M $18M
10/28/2008 $13.2M $22.8M
12/08/2005 $5.4M $17.4M

Team

Avalara has 2960 total employees and 6 sales reps that carry a quota. They have 30000 customers an engineering team of 29 and a marketing team of 2

2021
DISTRIBUTIONQTY
Total team size
2960
Engineer
29(1%)
Sales
6(0%)
Marketing
2(0%)

CEO/Founder

Scott McFarlane

Scott is co-founder and CEO of Avalara. For more than 30 years, Scott has pursued a specific vision: to blend strategic innovation with rigorous operational discipline to create companies with unique cultures that shake the status quo. Beginning with his college days at Claremont McKenna, Scott partnered with his roommate to launch Lifecycle, the most popular computerized exercise bike of all time, and since then has led and advanced several companies including Aircoa and MetaInfo (which was sold to Check Point Software Technologies).

Q&A

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Customers

Avalara has 30K customers.

Lifetime Months

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x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

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$0$0024681012
$0$0024681012

Churn

Avalara has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Avalara

Monthly Revenue

$41.7M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

30.91%

=

Rule of 40

31


Avalara Board of Directors

NamePosition

Avalara Executives

NamePosition
Scott McFarlane CEO

Avalara Employees

NamePosition
Scott McFarlane CEO

Frequently Asked Questions about Avalara

When was Avalara founded?

Avalara was founded in 2004.

How much revenue does Avalara generate?

Avalara generates $500.6M in revenue.

Who is the CEO of Avalara?

The CEO of Avalara is Scott McFarlane.

How much funding does Avalara have?

Avalara was raised $571.3M.

How many employees does Avalara have?

Avalara has raised 2960 employees.

Where is Avalara headquarters?

Avalara headquater is at United States