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DAVO Technologiesrevenue, acquisition & funding

Sales Tax and VAT Compliance SoftwareWestbrook, MaineFounded 2011

DAVO Technologies was acquired by Avalara. See Avalara's profile →

DAVO Technologies is a Sales Tax and VAT Compliance Software company based in Westbrook, founded in 2011.

davotechnologies.comLinkedInUpdated Aug 10, 2026
Annual revenue
$1.4M
Apr 2021
Owner
Avalara
Date not on record
Total raised
$5M
5 rounds
Employees
21
Apr 2021

DAVO Technologies revenue

DAVO Technologies' annual revenue was $1.4M in April 2021, its last figure before Avalara bought it (source not recorded).

$0
$500K
$1M
$1.4M
2021
ReportedOne figure per year; a reported figure wins over an estimate
As ofRevenueSource
Apr 2021$1.4M–

– source not recorded

Who owns DAVO Technologies

Avalara owns DAVO Technologies. The date and price of the deal are not on record.

DAVO Technologies funding rounds & investors

DAVO Technologies has raised $5M across five rounds since 2014. The latest was a $1M funding round in May 2018.

DateRoundRaised
May 2018Funding round$1M
Oct 2017Funding round$1.1M
Mar 2016Funding round$550K
May 2015Funding round$140K
Dec 2014Funding round$2.2M
Total raised$5M

DAVO Technologies CEO, founders & employees

Owen Brown founded DAVO Technologies in 2011 and led it as CEO. DAVO Technologies had 21 employees (April 2021).

0
10
20
21
2021
ReportedOne figure per year; a reported figure wins over an estimate

Team mix (Apr 2021): 3 engineers, 1 in sales

DAVO Technologies FAQ

What was DAVO Technologies' revenue?

Before Avalara bought it, DAVO Technologies' annual revenue was $1.4M in April 2021 (source not recorded).

Who owns DAVO Technologies?

Avalara owns DAVO Technologies.

How much funding has DAVO Technologies raised?

DAVO Technologies raised $5M across five funding rounds before Avalara bought it. The last was a $1M funding round in May 2018.

How many employees does DAVO Technologies have?

DAVO Technologies had 21 employees in April 2021.

Who founded DAVO Technologies?

Owen Brown founded DAVO Technologies in 2011.

How this page is sourced

Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun DAVO Technologies? Join the podcast