DAVO Technologies
Westbrook, Maine, United States
Valuation
$4.2M
2021 Revenue
$1.4M
Customers
4K
Funding
$5M
Avg ACV
$349
Team
21
Founded
2011
DAVO Technologies Revenue, Valuation & Funding (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
Last updated
DAVO Technologies Revenue
In 2021, DAVO Technologies's revenue reached $1.4M. Since its launch in 2011, DAVO Technologies has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2021 | DAVO Technologies Hit $1.4m revenue in April 2021 | |
| 2011 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2018 | Funding round | $1M | - | - | |
| 2017 | Funding round | $1.1M | - | - | |
| 2016 | Funding round | $550K | - | - | |
| 2015 | Funding round | $140K | - | - | |
| 2014 | Funding round | $2.2M | - | - |
Founder / CEO
Owen Brown
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).
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
DAVO Technologies serves 4K customers.
DAVO Technologies Employees & Team Size
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.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 21 employees (April 2021) |
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 across 5 rounds.
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.
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.
Data and Sources
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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