Avalara, Inc. is a privately held company with headquarters in Seattle, WA. Avalara helps businesses get tax compliance right. Avalara's customers face demanding tax obligations imposed by state, local, and other taxing authorities around the world, and rely on Avalara to provide efficient and accurate solutions to manage those requirements. The company provides solutions for various transactional taxes, including sales and use, VAT, excise, communications, and others. Each year, Avalara serves customers by processing billions of tax transactions, filing more than a million transaction tax returns, and managing millions of tax exemption certificates and other compliance documents.
Founded in 2004, Avalara is one of six Certified Service Provider available to retailers.
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History
Avalara was founded in 2004. In 2011 Avalara raised $7 million in venture capital from Sageview Capital. In 2012 Avalara raised $20 million in additional venture capital from Battery Ventures.
In January 2013 Avalara announced the acquisition of MatrixMaster from TaxMatrix based out of Harrisburg, PA. In February 2013 Avalara announced the acquisition of TTS based out of Raleigh, NC.
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Marketplace Fairness Act
Passed by the U.S. Senate in May 2013, The Marketplace Fairness Act would enable state governments to collect sales and use taxes from remote retailers with no physical presence in their state. Avalara has taken no official stance on the legislation.
References
Source of the article : Wikipedia