Tech Company Financing Transactions
Avalara Funding Round
Avalara, based in Seattle, scored $50 million in funding from Sageview Capital, private investors and Warburg Pincus.
Transaction Overview
Company Name
Announced On
9/23/2016
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
Sageview Capital (Ned Gilhuly)
Warburg Pincus (Justin Sadrian)
Proceeds Purpose
Approximately $50 million of which will be used to fund growth and acquisitions. The remainder of the investment was used to repurchase shares from early investors.
Company Information
Company Status
Publicly-held
Industry
Software
Mailing Address
1100 2nd Ave. 300
Seattle, WA 98101
USA
Seattle, WA 98101
USA
Phone
Website
Email Address
Overview
Avalara (NYSE: AVLR) is software for automated tax compliance. Whether you are selling online, starting a new business, or need help filing internationally Avalara can help.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We report on tech company VC transactions. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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