Sovos is a company providing tax compliance and regulatory reporting software. It offers sales and use tax software, e-invoicing compliance software, VAT and fiscal reporting software, and tax information reporting software. 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

4
TypeSubsidiary
Parent CompanyHgCapital
HQWilmington, MA, US
Founded1979
Websitesovos.com
Cybersecurity ratingCMore
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 and Chief Executive Officer
Joe Healey

Joe Healey

Chief Sales Officer & Managing Director, Americas
Laura Handler

Laura Handler

Chief of Staff & Head of Customer Success
John Landy

John Landy

Chief Technology Officer
Pawel Smolarkiewicz

Pawel Smolarkiewicz

Chief Product Officer
Todd Hanna

Todd Hanna

Vice President & General Counsel
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Sovos Office Locations

Sovos has offices in Wilmington, Boulder, Hiawatha, Minnetonka and in 9 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, 2021

Countries

200

Enterprise Customers

4.5 k8 k

Tax Rules Leveraged

210 m

Trademarks (US)

15
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Sovos Acquisitions / Subsidiaries

Company NameDateDeal Size
LTtaxDecember 08, 2020
AccordanceJuly 07, 2020
TaxwebMay 05, 2020
Booke SeminarsFebruary 04, 2020
Eagle Technology ManagementMay 29, 2019
ForibaMay 27, 2019
Sovos TrustWeaverMay 09, 2018
Fiscal RepsOctober 05, 2017
PaperlessAugust 02, 2017
Invoiceware InternationalJune 09, 2016
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Sovos Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

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Sovos Online and Social Media Presence

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Sovos Company Culture

  • Overall Culture

    A

    80/100

  • CEO Rating

    B+

    73/100

  • Compensation

    C+

    69/100

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Sovos News and Updates

Sovos acquires regtech company in Brazil

The buy expands Sovos' capabilities in SPED, Brazil's tax compliance system of record. ]]

Sovos buys Brazil-based Fit Sistemas

Global tax software provider Sovos today announced it has acquired Brazil-based Fit Sistemas, a leading provider of cloud-based regulatory reporting and electronic invoicing solutions.

Tax Compliance Software Market New Technology Advancements with Impact of COVID-19 by 2027 - Paddle, Sovos Compliance, LLC., TaxJar, Thomson Reuters, Vertex

A 360-degree synopsis of the competitive scenario on the Tax Compliance Software Market is presented in this report. It has an enormous data allied to the recent product and technological developments in the markets. It has a comprehensive analysis of the impact of these advancements on the market’s…

Axway offers Sovos tax software with enterprise e-invoicing services

Amplify plus Sovos creates a solution for business users to manage all their global invoice compliance tasks.

Sovos Brands Completes Transaction To Acquire Birch Benders

BERKELEY, Calif. and DENVER, Oct. 26, 2020 /PRNewswire/ -- Sovos Brands ("Sovos") today announced that it has completed its transaction to acquire the business of Birch Benders, LLC ("Birch Benders"), a fast-growing producer of delicious, better-for-you pancake & waffle mixes, toaster...

Sovos grows with new investment

With the new injection of funds, Sovos plans to continue its geographic expansion, deepen its partner ecosystem, and respond to emerging tax and regulatory changes around the world.
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Sovos Blogs

DtC Shipping Essentials: Customer Aggregate Volume Limits (CAVL)

Direct-to-consumer (DtC) shipping has numerous rules and regulations that shippers must adhere to in order to stay compliant. Customer aggregate volume limits (CAVL) discern how much of a certain type of alcohol a single licensee can ship in a given period of time to select individuals within a stat…

Expansion to Statutory Schedule Y

As we pass the midpoint of the year, many companies are already looking toward year end, trying to ready themselves for various new reporting requirements. Among those is the expansion to statutory Schedule Y where newly adopted Part 3 will join the family and require disclosures on related party in…

The Data: Wine DtC Shipments and Off-Premise Retail (June 2021 Special Report)

As we enter into the summer months, wine direct-to-consumer (DtC) shipments are still shifting in response to a tumultuous year. While the industry has largely righted itself, it remains essential to pay attention to marketplace data to keep pulse on that continued change.  Nielsen is collaborating …

What is Active/Active Availability?

With ecommerce continuing to rise in popularity, businesses can face unexpected operational challenges when there are increases in sales. But when utilizing the state of Active/Active availability through Sovos, companies know that they are backed by a scalable technological option that provides unp…

Portuguese Stamp Duty and How Reporting is Changing

The introduction of the new Portuguese Stamp Duty system has arguably been one of the most extensive changes within IPT reporting in 2021 even though the latest reporting system wasn’t accompanied by any changes to the tax rate structure. The new reporting requirements were initially scheduled to st…

Multiple Shipping Facilities: Does it Make Sense?

By Milton Cornwell, COO, Copper Peak Logistics — a ShipCompliant Platinum Certified Partner Why should it matter if your direct-to-consumer (DtC) fulfillment partner has multiple shipping facilities? We at Copper Peak have found that the question of multiple shipping facilities is a very misundersto…
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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, Joe Healey and Laura Handler.

  • How many employees does Sovos have?

    Sovos has 1,230 employees.

  • Who are Sovos competitors?

    Competitors of Sovos include Vertex, TaxJar and TaxCloud.

  • 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 9 other locations.

  • How many offices does Sovos have?

    Sovos has 14 offices.