Overview

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Status
Acquired by on December 16, 2009
Total Equity Funding
$37.7M in 4 Rounds from 6 Investors
Headquarters:
Lake Oswego, Oregon
Description:
Sabrix provides transaction tax management services and software, giving companies a simpler approach to solving complex tax challenges.
Categories:
Transaction Processing, Finance, Enterprise Software
Website:
http://www.sabrix.com
Social:

Company Details

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Sabrix, Inc. is a leading provider of transaction tax management for companies of all sizes, enabling finance, tax, and IT professionals to achieve accurate, timely, and cost-effective compliance for sales tax, use tax, Value Added Tax (VAT), excise tax and industry-specific taxes and fees. The Sabrix Application Suite serves global enterprises such as Amazon.com, BASF, Cisco, DTE Energy, IBM, QUALCOMM, Sportsman's Warehouse, and York International. The Sabrix Application Suite seamlessly connects to all financial applications requiring the determination, calculation, and recording of transaction taxes. The company also offers the Sabrix Managed Tax Service (MTS), an outsourced transaction tax compliance service that helps finance departments of small-and-medium-sized businesses eliminate the hassle, control their audit exposure, and reduce the total cost of sales tax, use tax, and VAT compliance. Sabrix MTS seamlessly integrates with a company's existing accounting and e-commerce systems, and, similar to outsourced payroll services, operates as a trusted extension of a company's finance department to address tax compliance from start to finish: address validation, tax rate maintenance, tax determination and calculation, returns preparation and filing as well as audit research and documentation.

Funding Rounds (4) - $37.7M

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DateAmount / RoundValuationLead InvestorInvestors
May, 2007$8M / Series E1
Jun, 2006$13M / Series D4
May, 2003$10.5M / Series C1
Nov, 2002$6.2M / Series B2

Board Members and Advisors (2)

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Offices/Locations (1)

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  • Headquarters

    5665 SW Meadows Rd

    Suite 400

    Lake Oswego, Oregon 97035

    United States

Past Team (7)

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Images (1)

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