Sovos (also known as Sovos Compliance) is a company providing tax compliance and regulatory reporting software. It offers sales and use tax, e-invoicing, and shipping compliance, VAT, and tax reporting solutions. The company also provides intelligent compliance cloud that combines regulatory analysis with a cloud software platform to create a connected and global compliance solution.

Employee Rating

3.9
TypeSubsidiary
Parent CompanyHgCapital
HQWilmington, MA, US
Founded1979
Websitesovos.com
Cybersecurity ratingDMore
Sovos was founded in 1979 and is headquartered in Wilmington, MA, US
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Key People/Management at Sovos

Andy Hovancik

Andy Hovancik

President & CEO
Colleen Schlagel

Colleen Schlagel

Chief Talent Officer
John Strasser

John Strasser

Chief Security Officer
Bob White

Bob White

Chief Financial Officer
Amit Venugopal

Amit Venugopal

Chief Information Officer
Eric Lefebvre

Eric Lefebvre

Chief Technology Officer
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Sovos Office Locations

Sovos has offices in Wilmington, Boulder, Hiawatha, Minnetonka and in 10 other locations
Wilmington, MA, US (HQ)
200 Ballardvale St
Boulder, CO, US
2465 Central Ave #110
Hiawatha, IA, US
805 Tower Terrace Rd
Minnetonka, MN, US
9800 Bren Rd E #300
Smyrna, GA, US
2400 Herodian Way #400
San Miguel de Tucumán, AR
Av. Manuel Belgrano 1915
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Sovos Financials and Metrics

Summary Metrics

Founding Date

1979
Sovos is a subsidiary of HgCapital

Sovos Operating Metrics

Feb, 2018Jan, 2021Apr, 2022

Certifications

1

Countries

200

Enterprise Customers

4.5 k8 k

Trademarks (US)

1515

Sovos Acquisitions / Subsidiaries

Company NameDateDeal Size
TLI ConsultingDecember 06, 2021
Digital PlanetOctober 20, 2021
1099 Pro SoftwareSeptember 07, 2021
PETAPILOT, S.AJuly 07, 2021
SaphetyJuly 07, 2021
StupendoJune 29, 2021
Acepta -Digital Enablement BusinessMay 03, 2021
Fit SistemasMarch 03, 2021
LTtaxDecember 08, 2020
KeaneUPJuly 24, 2020
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Sovos Cybersecurity Score

Cybersecurity ratingPremium dataset

D

66/100

SecurityScorecard logo

Sovos Online and Social Media Presence

Embed Graph

Sovos Company Culture

  • Overall Culture

    A+

    87/100

  • CEO Rating

    A+

    84/100

  • Compensation

    A

    81/100

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Sovos News and Updates

Sovos’ Filing for NetSuite SuiteTax Achieves “Built for NetSuite” Status

Sovos' Filing for NetSuite SuiteTax solution achieved “Built for NetSuite” status, helping organizations seamlessly create sales tax returns.

Washington State Pioneers Tax Policy for Non-Fungible Tokens

Washington state plans to issue guidance specifying that non-fungible tokens, or NFTs, are subject to the state’s sales and business taxes, making it the first state to express views on the relatively new digital asset.

New Report From Sovos Shows Over $77 billion in Unclaimed Property in the United States, With 80% of Organizations Not in Compliance with State Laws

Unaware of UP obligations, many companies face costly audits or large fines, says Sovos’ first-ever “The State of Unclaimed Property Report.” 

Government Is a Data Partner You Might Not Want, But You Have

Almost every organization is using big data, including governments that are issuing new CTC mandates that enable them to connect with organizations’ data stacks in real-time.

Sovos ShipCompliant Unveils In-Person Wine Summit Agenda and Speaker Roster

The speaker line-up for the 2022 Sovos ShipCompliant Wine Summit — the first in-person edition of the event since 2019 — has been announced.
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Sovos Blogs

IPT – Goods in Transit Location of Risk

For Insurance Premium Tax, location of risk is vital in determining the correct tax. In this episode of the Sovos Expert Series, Anita Blanusic asks Russell Brown, Senior Consulting Manager to explain the location of risk for goods in transit and how it’s determined. Listen as he answers the followi…

Meet the Expert: Hooda Greig, Compliance Services Manager – IPT

Meet the Expert is our series of blogs where we share more about the team behind our innovative software and managed services. As a global organisation with indirect tax experts across all regions, our dedicated team are often the first to know about new regulatory changes and the latest development…

3 Reasons for Automated Sales Tax Compliance

At this point, knowing that increasingly complex sales tax requirements exist is not the issue. Organizations know that they’re facing more complicated rules and regulations, but it’s more a matter of taking the time to invest in the necessary tools to properly face those challenges. With an automat…

Insurance Statutory Reporting Due Dates

Insurance statutory reporting filing due dates for the National Association of Insurance Commissioners (NAIC) are spread across the calendar year causing a jumble of different deadlines that apply to certain insurers. The quarterly and annual filings can be easier to remember, but the additional fil…

The Effect of Inflation on VAT Rates

It’s no surprise that inflation is on the forefront of everyone’s mind, with prices continuing to sky-rocket month by month. Data from the United Kingdom shows that the Consumer Prices Index (CPI) inflation jumped to a 40-year high of 9% in the past 12 months. Governments around the world are lookin…

Common Triggers of a VAT Audit

Since many audits seem to occur at random, it’s not always possible to identify the reason why a tax office would decide to initiate one. We’ve previously spoken about an increased interest in audits from the EU and audits for e-commerce. This article covers the most common reasons behind a VAT audi…
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Sovos Frequently Asked Questions

  • When was Sovos founded?

    Sovos was founded in 1979.

  • Who are Sovos key executives?

    Sovos's key executives are Andy Hovancik, Colleen Schlagel and John Strasser.

  • How many employees does Sovos have?

    Sovos has 1,445 employees.

  • Who are Sovos competitors?

    Competitors of Sovos include Exactor, Avalara and Vertex.

  • Where is Sovos headquarters?

    Sovos headquarters is located at 200 Ballardvale St, Wilmington.

  • Where are Sovos offices?

    Sovos has offices in Wilmington, Boulder, Hiawatha, Minnetonka and in 10 other locations.

  • How many offices does Sovos have?

    Sovos has 14 offices.