Avalara Plans to go Public, Files S-1

Original Post by: Prime Unicorn Index

IPO Outlook: Avalara Files S-1

Tax compliance company, Avalara, plans to go public after raising almost $300M in funding since 2005. Here’s how they are currently tracking against the index:

Avalara_IndexComparison_05152018

Avalara started raising money back in 2005, with their last round in 2016. Their Valuation started to skyrocket after their Series B round in 2011, and almost made Unicorn Status in 2016 with a Post-Money Valuation of $961,249,997.

Avalara_ValTimeline_05142018

 

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