Avalara
Seattle, Washington, United States
How Avalara hit $500.6M revenue and 30K customers in 2020.
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.
2004
Founded
$500.6M
2020 Revenue
30.91%
YOY
$571.3M
Funding
Avalara Revenue
In 2020, Avalara revenue run rate hit $500.6M in revenue.
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2020
Avalara hit $500.6M in revenue in 2020
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2019
Avalara hit $382.4M in revenue in 2019
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2004
Avalara launched in 2004 with $0 revenue
Avalara Funding History
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2018
Avalara raised a of in June, 2018
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2016 Series D
Avalara raised a Series D of in September, 2016
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2015 Series D
Avalara raised a Series D of in January, 2015
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2014 Private Equity Round
Avalara raised a Private Equity Round of in November, 2014
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2014 Venture Round
Avalara raised a Venture Round of in May, 2014
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2014 Series C
Avalara raised a Series C of in February, 2014
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2013
Avalara raised a of in November, 2013
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2013 Venture Round
Avalara raised a Venture Round of in January, 2013
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2012 Venture Round
Avalara raised a Venture Round of in June, 2012
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2011 Series B
Avalara raised a Series B of in April, 2011
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2010 Series A
Avalara raised a Series A of in May, 2010
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2009
Avalara raised a of in June, 2009
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2008
Avalara raised a of in October, 2008
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2005
Avalara raised a of in December, 2005
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2004 Seed Round
Avalara raised a Seed Round of in August, 2004
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| June, 15 2018 | |||
| September, 22 2016 | Series D | ||
| January, 20 2015 | Series D | ||
| November, 10 2014 | Private Equity Round | ||
| May, 13 2014 | Venture Round | ||
| February, 13 2014 | Series C | ||
| November, 08 2013 | |||
| January, 08 2013 | Venture Round | ||
| June, 27 2012 | Venture Round | ||
| April, 21 2011 | Series B | ||
| May, 27 2010 | Series A | ||
| June, 24 2009 | |||
| October, 28 2008 | |||
| December, 08 2005 | |||
| August, 01 2004 | Seed Round |
Team
Avalara has 2,960 total employees and 6 sales reps that carry a quota. They have 30,000 customers an engineering team of 29 and a marketing team of 2.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 3K |
| Engineer | 29 (1%) |
| Sales | 6 (0%) |
| Marketing | 2 (0%) |
Founder / CEO
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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What's your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Churn
Avalara Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Scott McFarlane | CEO | [email protected] | - |
Avalara Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Scott McFarlane | CEO | [email protected] | - |
Frequently Asked Questions about Avalara
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When was Avalara founded?
Avalara was founded in 2004.
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How much revenue does Avalara generate?
Avalara generates $500.6M in revenue.
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Who is the CEO of Avalara
The CEO of Avalara is Scott McFarlane.
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How much funding does Avalara have?
Avalara raised $571.3M.
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How many employees does Avalara have?
Avalara has 3K employees.
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Where is Avalara headquarters?
Avalara is headquartered at Seattle, Washington, United States
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