Tech Company Inital Public Offerings

Avalara IPO

On 6/14/2018, Avalara went public.

Transaction Overview

Company Name
Announced On
Transaction Type
Proceeds Purpose
We intend to use the net proceeds that we receive from this offering for general corporate purposes, which we currently expect will include headcount expansion, continued investment in our sales and marketing efforts, product development, general and administrative matters, and working capital. We also intend to use a portion of the net proceeds from this offering to repay the outstanding balance under our revolving credit facility. As of March 31, 2018, we had $28.0 million outstanding under our revolving credit facility bearing interest at an annual rate of 6.50%. On May 29, 2018, we borrowed an additional $5.0 million under our revolving credit facility. The revolving credit facility must be repaid in November 2019. We borrowed approximately $26.0 million under the revolving credit facility in the twelve months ended March 31, 2018 and used the proceeds from such borrowings, as well as the additional borrowing on May 29, 2018, for general corporate purposes, including working capita

Company Information

Company Status
Mailing Address
1100 2nd Ave. 300
Seattle, WA 98101
Email Address
Avalara (NYSE: AVLR) is software for automated tax compliance. Whether you are selling online, starting a new business, or need help filing internationally Avalara can help.
Avalara LinkedIn Company Profile
Social Media
Avalara Company Twitter Account
Company News
Avalara News
Avalara on Facebook
Avalara on YouTube

Management Team

Email & Social
Chief Executive Officer
Scott McFarlane
  Scott McFarlane LinkedIn Profile  Scott McFarlane Twitter Account  Scott McFarlane News  Scott McFarlane on Facebook
Chief Financial Officer
William Ingram
  William Ingram LinkedIn Profile  William Ingram Twitter Account  William Ingram News  William Ingram on Facebook
Amit Mathradas
  Amit Mathradas LinkedIn Profile  Amit Mathradas Twitter Account  Amit Mathradas News  Amit Mathradas on Facebook
VP - Bus. Development
Marshal Kushniruk
  Marshal Kushniruk LinkedIn Profile  Marshal Kushniruk Twitter Account  Marshal Kushniruk News  Marshal Kushniruk on Facebook
VP - General Counsel
Alesia Pinney
  Alesia Pinney LinkedIn Profile  Alesia Pinney Twitter Account  Alesia Pinney News  Alesia Pinney on Facebook
VP - Sales
Pascal Van Dooren
  Pascal Van Dooren LinkedIn Profile  Pascal Van Dooren Twitter Account  Pascal Van Dooren News  Pascal Van Dooren on Facebook



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Prev: 6/14/2018: PayJoy venture capital transaction
Next: 6/14/2018: Regroup Therapy venture capital transaction


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