2024 Revenue
$3.8M
Customers
26K
Funding
$0
Avg ACV
$146
Team
42
Founded
2009
TaxCloud Revenue (2024)
TaxCloud generated $3.8M in revenue in 2024. Source: leadiq.com
At TaxCloud, we believe that technology can make it easy for any business to calculate and collect sales tax. We also believe that businesses shouldn't have to spend a penny on collecting sales tax.
Our company was founded by e-commerce veterans in 2008 to offer online businesses a free and easy way to calculate and collect sales tax. We designed TaxCloud, our sales tax management service, to be easy to use and to leverage the benefits of cloud computing.
FedTax is headquartered in Norwalk, Connecticut and has offices in Seattle, Kansas, and Oklahoma.
For additional information, visit https://taxcloud.com.
Last updated
TaxCloud Revenue
In 2024, TaxCloud's revenue reached $3.8M. The company previously reported $3.4M in 2024. Since its launch in 2009, TaxCloud has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | TaxCloud Hit $3.8m revenue in November 2024 | leadiq.com |
| 2024 | TaxCloud Hit $3.4m revenue in October 2024 | Estimated |
| 2023 | TaxCloud Hit $2.8m revenue in December 2023 | Estimated |
| 2021 | TaxCloud Hit $1.5m revenue in April 2021 | Not recorded |
| 2009 | Launched with $0 revenue |
TaxCloud Valuation, Funding Rounds
Explore the complete funding history and valuation milestones for this company. Below you will find information about each funding round and key financial metrics that shaped the company's growth trajectory.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
Founder / CEO
John Milan
CEO
Chief Executive Officer at TaxCloud. John Milan has over 25 years of software development experience, from the first Windows PCs written in C/C++ to the latest Web Platforms using HTML5/Javascript/MVC. Before joining FedTax in 2014, John was the president of TeamDirection, a project management platform for Microsoft's SharePoint platform. Prior to TeamDirection, he worked for Xylo, Cartia, Framemaker and Adobe Systems. John earned a BS in Computer Science from Willamette University.
Customers
TaxCloud serves 26K customers.
TaxCloud Employees & Team Size
TaxCloud employs approximately 42 people as of 2026, up from 33 in 2023, including 2 sales reps that carry a quota. It serves 26K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 42 employees (October 2024) | Not recorded |
| 2023 | Reached 33 employees (December 2023) | Not recorded |
| 2022 | Reached 25 employees (December 2022) | Not recorded |
| 2021 | Reached 21 employees (December 2021) | Not recorded |
| 2021 | Reached 18 employees (April 2021) | Not recorded |
Frequently Asked Questions about TaxCloud
What is TaxCloud's revenue?
As of 2024, TaxCloud generated $3.8M in revenue.
Who founded TaxCloud?
TaxCloud was founded by John Milan.
Who is the CEO of TaxCloud?
The CEO of TaxCloud is John Milan.
How many employees does TaxCloud have?
As of 2024, TaxCloud had 42 employees.
Where is TaxCloud headquartered?
TaxCloud is headquartered in United States.
Compare TaxCloud to the industry
See how TaxCloud ranks against the best Governance, Risk & Compliance Software companies by revenue and funding.
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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