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Westbrook, Maine, United States
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
Last updated
In 2021, DAVO Technologies's revenue reached $1.4M. Since its launch in 2011, DAVO Technologies has shown consistent revenue growth.
DAVO Technologies reached a $4.2M valuation in 2025, set during its M&A Offer round.
DAVO Technologies has raised $5M in total funding across 5 rounds, with its most recent round in 2018.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $4.2M | - | |
| 2018 | Funding round | $1M | - | - | |
| 2017 |
CEO
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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| What's your age? | - |
| Favorite online tool? | - |
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| Advice for 20 year old self | - |
DAVO Technologies serves 4K customers.
DAVO Technologies employs approximately 21 people as of 2026, including 1 sales reps that carry a quota. It serves 4K customers that rely on its solutions.
DAVO Technologies generates $1.4M in revenue.
DAVO Technologies was founded by Owen Brown.
The CEO of DAVO Technologies is Owen Brown.
DAVO Technologies raised $5M across 5 rounds.
DAVO Technologies has 21 employees.
DAVO Technologies is headquartered in Westbrook, Maine, United States.
DAVO Technologies operates across multiple industries. Browse revenue, funding, and growth data for DAVO Technologies in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$4.2M
2021 Revenue
$1.4M
Customers
4K
Funding
$5M
Avg ACV
$349
Team
21
Founded
2011
| Year | Milestone | Source |
|---|---|---|
| 2021 | DAVO Technologies Hit $1.4m revenue in April 2021 | |
| 2011 | Launched with $0 revenue |
| Funding round |
| $1.1M |
| - |
| - |
| 2016 | Funding round | $550K | - | - |
| 2015 | Funding round | $140K | - | - |
| 2014 | Funding round | $2.2M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 21 employees (April 2021) |
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