Where is Sovos located?

Sovos is headquartered in Wilmington, United States.

How many employees does Sovos have?

As of Dec 31, 2021, Sovos has 978 employees, reflecting a 21% year-over-year growth in headcount.

Is Sovos a funded company?

Sovos is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Sovos rank among its competitors?

Sovos ranks 92nd amongst 587 active competitors, of which 46 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was TaxDown, which secured $4.65M in Mar, 2026.

Who are the top competitors of Sovos?

Sovos' top competitors include TaxDown, TaxBuddy and Numeral One. Among them, TaxDown secured the most recent funding round in March, 2026.

Sovos - 2026 Company Profile & Competitors

Company Details

Sovos (fka Taxware) is a leading provider of end-to-end suite of regulatory tax compliance software to manage sales, use, and value-added tax and 1099-form family calculation and filing for customers of all sizes across verticals. It manages all aspects of the tax compliance process, from tax calculation, forms completion and ultra-high-volume filing to secure funds transfer to state and local revenue departments. Its tax calculation engine leverages the industry’s most comprehensive repository of more than 210 million tax rules in 13,500 plus jurisdictions across more than 200 countries. Vista Equity Partners Fund IV completed a buyout of the Taxware business from ADP in December 2012 and rebranded the company Sovos Compliance in February 2015.

Website: sovoscompliance.com
Social
Email ID: *****@sovos.com

Key Metrics

Founded Year

1979

Location

Wilmington, United States

Stage

Acqui-Hired

Ranked

92^nd among 587 active competitors

Employee Count

978 as on Dec 31, 2021

Similar Companies

TaxDown & 709 more

View Sovos' full profile

Sovos has not raised any funding rounds yet.

Sovos' employee count trend

Sovos has 978 employees as of Dec 21. The total employee count is 21.0% more than what it was in Dec 20. Here is Sovos's employee count trend over the years:

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Top competitors of Sovos include TaxDown, TaxBuddy and Numeral One. Here is the list of Top 10 competitors of Sovos, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TaxDown 2018, Madrid (Spain), Series B	Cloud and app-based tax management solutions for individuals and businesses	$26.1M	Base10 Partners, Abac Nest & 19 others	67/100
2nd	TaxBuddy 2018, Mumbai (India), Seed	Provider of assisted and DIY online tax filing services	$3.68M	Zenith Global, Systematix & 40 others	66/100
3rd	Numeral One 2022, San Francisco (United States), Series B	Software-based sales tax automation management platform	$57M	Benchmark, Mayfield & 5 others	61/100
4th	Lettuce 2023, San Francisco (United States), Series A	Automated accounting and tax management software	$52M	Zeev Ventures, Viola FinTech	61/100
5th	Vialto Partners 2022, New York City (United States), Acquired	Tax management, immigration, and mobility solutions for businesses	$225M	CD&R, HPS Investment Partners	60/100
6th	onShore Security 1991, Chicago (United States), Series B	Cyber security solutions provider	$46M	Vertex Ventures, FPV Ventures & 4 others	59/100
7th	TaxAct 1998, Dallas (United States), Acquired	Software-based tax filing platform for individuals and businesses	$85M	Capital Southwest, TA	58/100
8th	Tax Systems 1991, Staines upon Thames (United Kingdom), Acquired	Tax compliance and regulatory solutions for businesses	-	Rothschild & Co, BGF & 1 others	55/100
9th	Drake Software 1976, Knoxville (United States), Late Stage	Professional tax preparation software	-	Cinven	55/100
10th	Zenwork 2002, Fayetteville (United States), Late Stage	Cloud-based solutions for financial compliance and tax filing	$163M	Spectrum Equity	55/100
92nd	Sovos 1979, Wilmington (United States), Acqui-Hired	Regulatory tax compliance software provider for SMBs.	-	-	30/100