Avalara
Leading cloud-based software platform that delivers a broad array of compliance solutions related to sales tax and other transactional taxes, like VAT..
Launch date
Employees
Market cap
AUD12.8b
Enterprise valuation
AUD12.1b (Public information from Nov 2022)
Share price
$93.48 AVLR
Company register number 09602094
Durham North Carolina (HQ)
Financials
Estimates*
USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | - | 272m | 382m | 501m | 699m | 858m | 1.0b |
% growth | - | - | 40 % | 31 % | 40 % | 23 % | 22 % |
EBITDA | - | (38.0m) | 1.0m | 17.0m | 42.0m | 16.0m | 62.0m |
% EBITDA margin | - | (14 %) | - | 3 % | 6 % | 2 % | 6 % |
Profit | - | (75.0m) | (50.0m) | (49.0m) | (125m) | (140m) | (137m) |
% profit margin | - | (28 %) | (13 %) | (10 %) | (18 %) | (16 %) | (13 %) |
EV / revenue | - | 7.1x | 13.5x | 26.4x | 16.1x | 9.3x | - |
EV / EBITDA | - | -50.8x | 5169.0x | 777.3x | 267.2x | 500.3x | - |
R&D budget | 38.5m | 50.6m | 82.5m | - | - | - | - |
R&D % of revenue | - | 19 % | 22 % | - | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$20.0m | Late VC | ||
N/A | $430k | Late VC | |
$30.0m | Late VC | ||
N/A | $26.3m | Growth Equity VC | |
$100m | Growth Equity VC | ||
$42.0m | Growth Equity VC | ||
$96.0m | Growth Equity VC | ||
N/A | $158m Valuation: $1.4b | IPO | |
N/A | $960m | Post IPO Convertible | |
* | $8.4b Valuation: $8.4b 12.0x EV/LTM Revenues 200.0x EV/LTM EBITDA | Buyout | |
Total Funding | AUD526m |
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Investments by Avalara
EditACQUISITION by Avalara Feb 2019
ACQUISITION by Avalara Apr 2021
ACQUISITION by Avalara Jun 2015
ACQUISITION by Avalara Dec 2014
ACQUISITION by Avalara Jun 2015
ACQUISITION by Avalara Mar 2015
ACQUISITION by Avalara Oct 2021
ACQUISITION by Avalara Oct 2020
ACQUISITION by Avalara Dec 2020
ACQUISITION by Avalara Nov 2021