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How DAVO Technologies CEO Owen Brown grew DAVO Technologies to $1.4M revenue and 4K customers in 2021.

Provider of an automated sales tax solution designed for SMBs with daily cash management. The company's process automatically collects, files and pays sales tax for a merchant utilizing the ACH and card payments networks and integrates with a merchant's point-of-sale or back-end accounting software, setting aside the total sales tax collected daily, and holding it safe and secure, enabling merchants to automate sales tax

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DAVO Technologies Revenue

In 2021, DAVO Technologies's revenue reached $1.4M. Since its launch in 2011, DAVO Technologies has shown consistent revenue growth.

DAVO Technologies Revenue GrowthReported revenue / ARR by year$0$300K$600K$900K$1M$2M201120132015201720192021$0$1MSource: GetLatka.com
YearMilestone
2021DAVO Technologies Hit $1.4m revenue in April 2021
2011Launched with $0 revenue

DAVO Technologies Valuation, Funding Rounds

DAVO Technologies's most recent disclosed valuation is $4.2M.

DAVO Technologies has raised $5M in total funding across 5 rounds, with its most recent round in 2018.

DAVO Technologies Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1M$3M$4M$5M$6M201120122013201420152016201720182011 cumulative: $0 • 2011 Founded: $02014 cumulative: $2M • 2011 Founded: $0 • 2014 Funding round: $2M2015 cumulative: $2M • 2011 Founded: $0 • 2014 Funding round: $2M • 2015 Funding round: $140K2016 cumulative: $3M • 2011 Founded: $0 • 2014 Funding round: $2M • 2015 Funding round: $140K • 2016 Funding round: $550K2017 cumulative: $4M • 2011 Founded: $0 • 2014 Funding round: $2M • 2015 Funding round: $140K • 2016 Funding round: $550K • 2017 Funding round: $1M2018 cumulative: $5M • 2011 Founded: $0 • 2014 Funding round: $2M • 2015 Funding round: $140K • 2016 Funding round: $550K • 2017 Funding round: $1M • 2018 Funding round: $1M$5M2011 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2018Funding round$1M--
2017Funding round$1.1M--
2016Funding round$550K--
2015Funding round$140K--
2014Funding round$2.2M--

DAVO Technologies Employees & Team Size

DAVO Technologies employs approximately 21 people as of 2026.

DAVO Technologies has 21 total employees in different roles and functions and 1 sales reps that carry a quota. They have 4K customers that rely on the company's solutions.

DAVO Technologies Team GrowthReported headcount over time0510152025201120132015201720192021002121Source: GetLatka.com
YearMilestone
2021Reached 21 employees (April 2021)

Founder / CEO

Owen Brown

Fintech Founder with high proficiency in product creation and launch in the payments ecosystem. Designed and built from the ground up, the only completely automatic end-to-end sales tax SaaS solution, DAVO Technologies (DAVO Sales Tax) as its founder and CEO. Former Macro Hedge Fund Chief Investment Officer (CIO).

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Customers

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Frequently Asked Questions about DAVO Technologies

What is DAVO Technologies's revenue?

DAVO Technologies generates $1.4M in revenue.

Who founded DAVO Technologies?

DAVO Technologies was founded by Owen Brown.

Who is the CEO of DAVO Technologies?

The CEO of DAVO Technologies is Owen Brown.

How much funding does DAVO Technologies have?

DAVO Technologies raised $5M.

How many employees does DAVO Technologies have?

DAVO Technologies has 21 employees.

Where is DAVO Technologies headquarters?

DAVO Technologies is headquartered in Westbrook, Maine, United States.

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Compare DAVO Technologies to the industry

DAVO Technologies operates across multiple industries. Browse revenue, funding, and growth data for DAVO Technologies in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

DAVO Technologies Revenue 2021: $1.4M ARR, $4.2M Valuation