Bhadange named Avalara as a primary competitor and described it as one of his favorite competitors. He said Avalara was taken private by Vista Equity Partners, which in his view led the company to reduce the service element that customers value most. He noted, without providing a company-confirmed figure, that Avalara carries significant debt and described it as a stressed credit based on public BDC trading data referenced by the interviewer, not as a Zamp-confirmed figure. Bhadange said Zamp is taking market share from Avalara.
Bhadange also referenced TaxJar, which was acquired by Stripe for what he estimated at $800 million to $1 billion, as a prior market participant whose technology infrastructure Zamp's VP of technology helped build. He cited Gusto and Bill.com as examples of companies that built large businesses primarily through the accounting channel, using them as validation for Zamp's partner-led distribution strategy rather than as direct competitors. Paddle was mentioned by the interviewer as a comparable VAT-focused business in the UK market; Bhadange confirmed Zamp started with the US and has since expanded globally but did not comment further on Paddle specifically.