Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Avalara : Appoints Marcela Martin to its Board of Directors (Form 8-K)

09/01/2021 | 05:12pm EDT

Avalara Appoints Marcela Martin to its Board of Directors

SEATTLE, WA - September 1, 2021 - Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation software for businesses of all sizes, today announced the appointment of global finance leader Marcela Martin to its board of directors.

Martin is chief financial officer of Squarespace, the all-in-one website building platform, where she oversees the company's finance and corporate development functions. Prior to Squarespace, she was chief financial officer at Booking.com, where she led finance operations, risk management, corporate development, and M&A. Martin brings more than 25 years of global finance and leadership experience across consumer technology, software, and SaaS verticals with high-growth companies to Avalara's board.

'Marcela is an accomplished CFO with experience leading global companies and driving business transformation,' said Scott McFarlane, CEO and co-founder of Avalara. 'Her expertise in streamlining operations and M&A integration combined with her experience guiding strategic operations during periods of growth will add tremendous value to Avalara's board of directors.'

'Avalara has set out to solve tax compliance for businesses of all sizes by applying automation and emerging technologies to an age-old business requirement. With an ambitious goal of becoming part of every transaction in the world, the company has invested heavily in M&A and operations to serve businesses across numerous tax types. I look forward to joining Avalara's board and helping shape the company's future growth,' said Marcela Martin.

Avalara's board comprises members whose backgrounds and perspectives add to the company's ability to grow the business and serve global customers. As Avalara grows and changes, additions to the board reflect the priorities of the business and the needs of our customers, employees, and partners. Martin joins the board following the addition of Bruce Crawford and Srinivas Tallapragada in June 2021.

Avalara also announced that Chelsea Stoner, a partner at Battery Ventures, resigned from the board of directors effective August 27, 2021. 'Chelsea's impact on Avalara since joining the board in 2012 is immeasurable. She saw our potential from the start and has been instrumental in focusing Avalara's internal efforts during periods of growth and rapid change. Her counsel will be deeply missed,' said McFarlane.

About Avalara

Avalara helps businesses of all sizes get tax compliance right. In partnership with leading ERP, accounting, ecommerce, and other financial management system providers, Avalara delivers cloud-based compliance solutions for various transaction taxes, including sales and use, VAT, GST, excise, communications, lodging, and other indirect tax types. Headquartered in Seattle, Avalara has offices across the U.S. and around the world in Brazil, Europe, and India. More information at avalara.com.

Media Contact

Tommy Morgan



Investor Contact

Jennifer Gianola



Source: Avalara, Inc.


Avalara Inc. published this content on 01 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 September 2021 21:11:07 UTC.

© Publicnow 2021
All news about AVALARA, INC.
10/21AVALARA : to Announce Third Quarter 2021 Financial Results on November 4, 2021
10/21AVALARA : Can your business spend less on sales tax compliance?
10/20AVALARA : Supply chain disruptions create ‘nightmare before Christmas' for retailers
10/19AVALARA : More states strive to tax online ads despite the challenges
10/18AVALARA : Acquires CrowdReason to Help Businesses Manage Property Tax Compliance - Form 8-..
10/18AVALARA, INC. : Other Events, Financial Statements and Exhibits (form 8-K)
10/18AVALARA : Acquires CrowdReason, Correlation Advisors' Valuation Advisory Services
10/18AVALARA : Acquires CrowdReason to Help Businesses Manage Property Tax Compliance
10/18AVALARA : Ohio is open for DTC business for large wineries
10/18Avalara, Inc. acquired Substantially All the Assets of CrowdReason, LLC and Correlation..
More news
Analyst Recommendations on AVALARA, INC.
More recommendations
Financials (USD)
Sales 2021 666 M - -
Net income 2021 -16,0 M - -
Net cash 2021 452 M - -
P/E ratio 2021 -
Yield 2021 -
Capitalization 15 463 M 15 463 M -
EV / Sales 2021 22,5x
EV / Sales 2022 18,1x
Nbr of Employees 3 351
Free-Float 98,3%
Duration : Period :
Avalara, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AVALARA, INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 13
Last Close Price 179,14 $
Average target price 210,00 $
Spread / Average Target 17,2%
EPS Revisions
Managers and Directors
Scott M. McFarlane Chairman & Chief Executive Officer
Amit Mathradas President & Chief Operating Officer
Ross Tennenbaum Chief Financial Officer & Treasurer
Daniel Fields Chief Technology Officer & Executive VP
Liz Armbruester Senior Vice President-Global Compliance
Sector and Competitors
1st jan.Capi. (M$)
AVALARA, INC.8.64%15 463
ADOBE INC.27.70%300 882
WORKDAY INC.17.28%68 760
AUTODESK, INC.0.11%65 656
TWILIO INC.9.08%64 941