When was Vertex founded?

Vertex was founded in 1978 and raised its 1st funding round 46 years after it was founded.

Where is Vertex located?

Vertex is headquartered in King Of Prussia, United States. It is registered at King Of Prussia (United States).

How many employees does Vertex have?

As of Aug 31, 2026, the latest employee count at Vertex is 2479.

Is Vertex a funded company?

Vertex is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Apr 26, 2024.

When was the latest funding round of Vertex?

Vertex's latest funding was a $***** Post IPO round on Apr 26, 2024, with participation from 0 investor.

What is the annual revenue of Vertex?

Annual revenue of Vertex is between $500M and $1B as on Dec 31, 2025

Where does Vertex rank among its competitors?

Vertex ranks 6th amongst 1416 active competitors, of which 107 are funded. It stands 10th 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 Vertex?

Vertex's top competitors include Avalara, Clear and TaxDown. Among them, TaxDown secured the most recent funding round in March, 2026.

Vertex - 2026 Company Profile, Funding, Competitors & Financials

Vertex is a public company based in King Of Prussia (United States), founded in 1978. It operates as a Provider of tax technology software and solutions for global businesses. Vertex has raised an undisclosed amount in funding. The company has 1416 active competitors, including 107 funded and 99 that have exited. Its top competitors include companies like Avalara, Clear and TaxDown.

Company Details

Provider of tax technology software and solutions for global businesses. The company offers solutions for midsize businesses, enterprises, and e-commerce platforms. It provides tools for tax determination, returns, reporting, audit, and planning. The company also offers managed services, implementation support, and system optimization. Its platform integrates with ERP, e-commerce, and procurement systems.

Website: www.vertexinc.com/
Social
Email ID: *****@vertexinc.com
Phone Number: +1 **********
Registered Address: King Of Prussia (United States)

Key Metrics

Founded Year

1978

Location

King Of Prussia, United States

Stage

Public

Latest Funding Round

Post IPO, Apr 26, 2024, $*****

Investors

HTIF & 1 more

Ranked

6^th among 1416 active competitors

Annual Revenue

$500M - $1B as on Dec 31, 2025

Employee Count

2,479 as on Aug 31, 2026

Investment & Acquisitions

Kintsugi & 5 more

Similar Companies

Avalara & 277 more

Exit Details

Public

View Vertex's full profile

Vertex is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
VERTEX SALES PRIVATE LIMITED CIN: U52110MH2021PTC359558 , India, Active	Apr 27, 2021	₹100 - ₹500 Cr (As on Mar 31, 2025)	-
Vertex Inc. CIN: 188729 , Belgium, Active	Dec 31, 1977	-	-	-
VERTEX, INC. CIN: 1806837 , United States, Active		$500M - $1B (As on Dec 31, 2025)	1500 (As on Dec 31, 2023)	-

Vertex got listed on Jul 29, 2020.

Click here to take a look at Vertex's IPO in detail

Vertex has raised funding over 1 round. Vertex has 2 institutional investors.

Here is the list of recent funding rounds of Vertex:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 26, 2024	4108314	Post IPO	2658796	4748967	7292310	1845200

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Vertex's employee count trend

Vertex has 2,479 employees as of Aug 26. Here is Vertex's employee count trend over the years:

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Top competitors of Vertex include Avalara, Clear and TaxDown. Here is the list of Top 10 competitors of Vertex, ranked by Tracxn score:

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	Sageview Capital, Battery Ventures & 17 others	77/100
2nd	Clear 2011, Bengaluru (India), Series C	Provider of software for tax compliance and financial process automation	$146M	Elevation Capital, FundersClub & 28 others	71/100
3rd	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	69/100
4th	ClearTax 2011, Bengaluru (India), Unfunded	AI-powered platform offering income tax filing, GST compliance, invoicing, tax planning, and financial solutions	-	-	68/100
5th	Workiva 2008, Ames (United States), Public	Cloud based compliance and reporting management platform	$56.1M	Ranger Investments	67/100
6th	Vertex 1978, King Of Prussia (United States), Public	Provider of tax technology software and solutions for global businesses	-	HTIF, Marc Bell Capital	65/100
7th	Taxfix 2016, Berlin (Germany), Series D	Provider of application for completing and submitting tax returns	$330M	Valar Ventures, Index Ventures & 8 others	64/100
8th	Prosperr 2022, Bengaluru (India), Seed	Provider of tax compliance, planning, and income tax preparation services	$6.5M	Jungle Ventures, Panthera Peak & 25 others	62/100
9th	Numeral One 2022, San Francisco (United States), Series B	Software-based sales tax automation management platform	$57M	Benchmark, Y Combinator & 6 others	62/100
10th	Zamp 2022, San Francisco (United States), Seed	Provider of digital employee solutions for finance and operations automation	$46.7M	Peak XV Partners & 12 others	62/100

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Vertex has made 1 investments in companies including Kintsugi. Vertex has also acquired 5 companies including ecosio and LCR-Dixon.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 14, 2025	Investments	Kintsugi	2022	San Francisco (United States)
Aug 07, 2024	Acquisition	ecosio	2012	London (United Kingdom)
Sep 24, 2021	Acquisition	LCR-Dixon	2006	San Francisco (United States)