Sovos Compliance - About the company
Sovos Compliance is an acquired company based in Wilmington (United States), founded in 1979. It operates as a Provider of cloud platform for automated tax and regulatory compliance. Sovos Compliance has raised an undisclosed amount in funding from TA Associates. The company has 1591 active competitors, including 107 funded and 100 that have exited. Its top competitors include companies like Avalara, Clear and TaxDown.
Company Details
Provider of cloud platform for automated tax and regulatory compliance. The platform offers solutions for e-invoicing, indirect taxes, information reporting, and identity verification. It assists with tax determination, filing, reporting, and withholding. The platform also provides tools for unclaimed property, compliant shipping for wines and spirits, and statutory reporting for insurance.
- Website
- sovos.com
- Social
- Email ID
- *****@sovos.com
- Phone Number
- +1 **********
- Registered Address
- Wilmington, Massachusetts
Key Metrics
Founded Year
1979
Location
Wilmington, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
34th among 1591 active competitors
Employee Count
1,805 as on Jun 30, 2026
Exit Details
Acquired by Hg (Jan 19, 2016)
Legal entities associated with Sovos Compliance
Sovos Compliance is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SOVOS COMPLIANCE, LLC CIN: 696608 , United States, Active | Dec 27, 2021 | - | - | - |
SOVOS COMPLIANCE LLC CIN: 461379693 , United States, Active | Dec 31, 1999 | - | 818 (As on Dec 31, 2024) | - |
Sovos Compliance's acquisition details
Sovos Compliance got acquired by Hg on Jan 19, 2016.
Click here to take a look at Sovos Compliance's acquisition in detail
Sign up to download Sovos Compliance's company profile
Sovos Compliance's funding and investors
Sovos Compliance has raised funding over 1 round. Its latest funding round was a PE round on Aug 20, 2020 for $*****. 1 investor participated in its latest round. Sovos Compliance has 5 institutional investors.
Here is the list of recent funding rounds of Sovos Compliance:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 20, 2020 | 1244270 | PE | 7537317 | 6584331 | 6755728 | 8335536 |
Access funding benchmarks and valuations. Sign up today!View details of Sovos Compliance's funding rounds and investors
Sovos Compliance's founders and board of directors
Founder? Claim ProfileSovos Compliance's employee count trend
Sovos Compliance has 1,805 employees as of Jun 26. Here is Sovos Compliance's employee count trend over the years:
Uncover Sovos Compliance's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Sovos Compliance's Competitors and alternates
Top competitors of Sovos Compliance include Avalara, Clear and TaxDown. Here is the list of Top 10 competitors of Sovos Compliance, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Avalara 2004, Seattle (United States), Acquired | Provider of cloud-based solutions for tax compliance and related services | $343M | 77/100 | |
2nd | Provider of software for tax compliance and financial process automation | $142M | 71/100 | ||
3rd | Cloud and app-based tax management solutions for individuals and businesses | $26.1M | 69/100 | ||
4th | Workiva 2008, Ames (United States), Public | Cloud based compliance and reporting management platform | $56.1M | 67/100 | |
5th |  Vertex 1978, King Of Prussia (United States), Public | Provider of tax technology software and solutions for global businesses | - | 65/100 | |
6th |  Vialto Partners 2022, New York City (United States), Acquired | Tax management, immigration, and mobility solutions for businesses | $225M | 64/100 | |
7th | Provider of application for completing and submitting tax returns | $330M | 64/100 | ||
8th | Zamp 2022, San Francisco (United States), Seed | Provider of digital employee solutions for finance and operations automation | $46.7M | 61/100 | |
9th | Provider of an app-based platform for taxation services | $1.52M | 61/100 | ||
10th |  Syndio 2009, Seattle (United States), Acquired | Provider of compensation decision intelligence platform for pay equity and compliance | $83M | 61/100 | |
34th |  Sovos Compliance 1979, Wilmington (United States), Acquired | Provider of cloud platform for automated tax and regulatory compliance | - | 54/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Sovos Compliance's competitors? Click here to see the top ones
Sovos Compliance's Investments and acquisitions
Sovos Compliance has not made any investments yet. Sovos Compliance has made 29 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 01, 2026 | Acquisition | 2022 | Paris (France) | |
Sep 15, 2026 | Acquisition | 2013 | Amstelveen (Netherlands) | |
Jul 02, 2025 | Acquisition | 1994 | Mumbai (India) |
Want to know more about where corporates are investing? Sign up today!See all acquisitions by Sovos Compliance
Reports related to Sovos Compliance
Here is the latest report on Sovos Compliance's sector:
News related to Sovos Compliance
Filter this listMedia has covered Sovos Compliance for a total of 12 events in the last 1 year, 5 of them have been about company updates and 1 about partnerships.
•
•
Three Weeks into France E-Invoicing Mandate: Sovos Hits Unparalleled Production ScaleBusiness Wire•Sep 23, 2026•Sovos Compliance
•
Arkansas CRE firm Tempus Realty Partners acquires Minnesota office campus for $66MYahoo•Sep 22, 2026•US Bank, Digi International, Element, Sovos Compliance and 1 other
•
Sovos Acquires Blue dot, Expanding AI-Native Diagnostics, Workflow, and Intelligence Capabilities, Widening Sovos’ Tax Compliance Platform Technology LeadBusiness Wire•Sep 15, 2026•Blue dot, Sovos Compliance
•
Sovos Brings Global 2000 Clients Live in France Ahead of the World’s Most Complex E-Invoicing MandateBusiness Wire•Aug 18, 2026•Sovos Compliance
•
Sovos Announces 2026 Partner of the Year Award Winners, Recognizing Excellence in Strategic Collaboration and InnovationBusiness Wire•Aug 06, 2026•Sovos Compliance
•
Sovos Compliance Network Now Ready for UAE E-Invoicing Mandate via Accredited Partner InvoiceNow BizGlobal Fintech Series•Jul 21, 2026•Sovos Compliance
•
Sovos Appoints David McCann as Chief Technology Officer to Drive Next Phase of Compliance Platform InnovationBusiness Wire•Apr 21, 2026•Sovos Compliance
•
Sovos Expands Sovi AI with New Capabilities for Tax Guidance, Intelligent Automation and Agent InteroperabilityBusiness Wire•Mar 24, 2026•Sovos Compliance
•
Sovos and Label Announce Partnership to Deliver Comprehensive CARF Reporting Solutions for Digital Asset PlatformsBusiness Wire•Feb 24, 2026•Label, Sovos Compliance
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Sovos Compliance
Explore our recently published companies
- Una Home Care - Beverly Hills based, 2026 founded, Unfunded company
- Boooply - 2026 founded, Unfunded company
- Uaity - 2026 founded, Unfunded company
