Tech Company Financing Transactions
Avalara Funding Round
Avalara, operating out of Seattle, raised $100 million from Warburg Pincus.
Transaction Overview
Company Name
Announced On
11/11/2014
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Investors
Warburg Pincus (Justin Sadrian)
Proceeds Purpose
This investment by Warburg Pincus will allow us to put more dollars to work in our growth initiatives. It also validates our fundamental belief that sales tax compliance automation is inevitable, and Avalara is at the forefront of this movement. We look forward to leveraging the expertise and funding of our new partners to accelerate our growth.
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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