Taxify

What Taxify does

Taxify is a cloud-based sales and use tax compliance software product, founded in 2014 and headquartered in Boulder, Colorado, with 501-1000 employees. It primarily serves small to medium-sized businesses, providing automated tax determination for transactions in any jurisdiction, exemption certificate management and verification, vendor-charged tax analysis, and periodic filing and remittance across thousands of U.S. state and local tax jurisdictions. The platform is delivered as part of the Sovos Compliance Cloud, where it is marketed as "Sovos Taxify" alongside adjacent modules such as Sovos CertManager, Sovos Use Tax Manager, and Sovos Global Tax Determination, indicating that Taxify has been incorporated into Sovos's broader tax compliance portfolio.

The product architecture is modular, combining domain-specific tax rule content with workflow automation to remove manual compliance effort. The go-to-market relies on a direct enterprise sales motion ("Book a Call") distributed globally through the Sovos channel, supplemented by a secondary sub-brand, Taxify Pro, positioned as a finance automation offering in the UK market. Revenue mechanics are not publicly disclosed, and no pricing tiers or contract structures are available in the source data. Leadership visibility is limited to Pavel Karagjaur, Vice President of Growth & Marketing. Ownership, funding, and detailed customer concentration are not disclosed in the inputs available, limiting the granularity of any financial or commercial inference.

Name

Taxify

Website

https://taxify.co

Company type

Private

Founded year

2014

Headcount range

501–1,000 employees

Short description

Taxify is a cloud-based sales and use tax compliance solution for small to medium-sized businesses, offering automated tax determination, exemption certificate management, and multi-jurisdiction filing, now operating as the Sovos Taxify sub-brand within the Sovos Compliance Cloud.

Ownership category

akta.pro rank

Product category

Sales and Use Tax Compliance Software

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412)

SIC

Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Tax Advisory & Compliance (BPAHABAB)

akta.pro secondary industry

Excise, VAT/Sales Tax & Indirect Tax Administration (BPAIADAH)

Keywords

• Sales tax software
• Tax compliance platform
• Use tax management
• Exemption certificate management
• Tax determination software

Headquarters

HQ city

Boulder

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Distribution channels1 record

Core offering

Taxify provides cloud-based sales and use tax compliance software that simplifies tax determination for every transaction in any jurisdiction, automates exemption certificate management, performs use tax analysis, and supports periodic reporting and remittance for thousands of state and local jurisdictions in the U.S. The platform is positioned as a comprehensive solution targeting sales tax filing complications for small to medium sized businesses.

Product overview

Taxify operates as a sales tax filing and compliance solution. Based on the available sources, the product portfolio includes Taxify Pro (a finance automation software) and Sovos Taxify (a comprehensive sales tax filing solution for small to medium sized businesses). The offering appears to be a platform with modular tax compliance capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Sovos Taxify
• Taxify Pro A finance automation software offering for businesses, featured as part of the broader finance automation tools category, positioned under the Taxify sub-brand.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Avalara: Avalara is the most direct competitor to Sovos Taxify, offering cloud-based sales/use tax determination, exemption certificate management, and filing automation for businesses of all sizes, with a particularly strong SMB offering (including the TaxJar acquisition). Both compete on transaction-level tax automation and multi-jurisdiction filing.
• Vertex: Vertex provides sales, use, and value-added tax automation software for mid-market and enterprise customers, with strong tax determination engines and content coverage. Like Taxify, Vertex targets businesses seeking multi-jurisdiction tax compliance on a cloud platform.
• Thomson Reuters ONESOURCE: ONESOURCE Indirect Tax is an established enterprise sales/use tax determination and compliance suite from Thomson Reuters, serving similar global compliance use cases as Sovos Taxify and the broader Sovos Indirect Tax Suite.
• Wolters Kluwer (CCH): Wolters Kluwer's CCH Axcess and OneClickTax offerings provide sales/use tax automation and compliance for accounting firms and their SMB and mid-market clients, competing for the same tax compliance workloads as Taxify.
• TaxJar: TaxJar (acquired by Stripe) focuses on sales tax calculation, filing, and reporting specifically for small and e-commerce businesses — the most direct SMB-segment overlap with Sovos Taxify. Both serve online sellers and SMBs needing multi-state sales tax automation.

Emerging players

• Drake Software: Drake Software provides tax preparation and compliance software for tax professionals and small businesses, with sales/use tax capabilities that overlap with Taxify's SMB compliance focus, particularly in the accountant channel.
• Bloomberg Tax: Bloomberg Tax provides corporate tax compliance and research software with indirect tax content, increasingly overlapping with Sovos Taxify in serving multi-jurisdiction compliance needs for growing businesses.

Broad incumbents

• Intuit (QuickBooks): QuickBooks by Intuit serves millions of SMBs and embeds sales tax calculation and basic filing within its accounting platform; as a broad incumbent, it represents both an indirect competitor and a potential distribution channel for Taxify-style functionality.
• Stripe (Tax): Stripe Tax adds sales tax calculation and filing to Stripe's payments platform, increasingly competing with Taxify in the SMB and online seller segment where Stripe has large reach post-TaxJar acquisition.
• Sage: Sage offers accounting and tax compliance solutions for SMBs and mid-market, with sales tax handling built into its financial software — an adjacent incumbent that competes for the same SMB finance and compliance wallet.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/taxifyhq
• Facebookfacebook.com/taxifyhq
• LinkedInlinkedin.com/company/taxify-hq

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Taxify