Vertex

Vertex, Inc. is a tax technology company that provides comprehensive tax solutions for corporations across various industries, including retail, leasing, communication, and manufacturing, both in the United States and internationally. Founded in 1978 and headquartered in King of Prussia, Pennsylvania, Vertex specializes in tax determination, compliance and reporting, tax data management, and document management. The company offers its software products through both software licenses and software as a service subscriptions, along with implementation and training services. Additionally, Vertex provides transaction tax returns outsourcing and other tax-related services, enabling businesses to effectively manage their tax obligations and streamline operations.

Ric Andersen

Lead Director

David DeStefano

Chairman and CEO

11 past transactions

Kintsugi

Venture Round in 2025
Kintsugi AI is a developer of an artificial intelligence-based tax assistant platform that automates sales tax processes for businesses worldwide. The platform is designed to enhance the understanding of financial forecasting data and streamline tax filing. Kintsugi AI's technology encompasses the entire sales tax lifecycle, including calculations, nexus tracking, reporting, filing, and remittance across various sales channels. By providing predictive analytics and access to essential tools, Kintsugi AI enables companies to efficiently manage their sales tax obligations and improve their operational efficiency.

ecosio

Acquisition in 2024
ecosio GmbH is a provider of cloud-based electronic data interchange (EDI) services based in Vienna, Austria. Founded in 2013, the company offers a suite of solutions designed to enhance supply chain efficiency and automate B2B communication. Its products include ecosio.EDI, ecosio.ERPEL, ecosio.e-invoicing, and ecosio.Monitor, among others. These solutions facilitate data conversion, supplier relationship management, process optimization, and onboarding, while also providing continuous project management support. ecosio aims to assist businesses of all sizes in adapting to Industry 4.0 demands and improving operational efficiency through effective electronic communication and traceability services.

LCR-Dixon

Acquisition in 2021
LCR-Dixon is an IT company specializing in tax management solutions. It provides transaction tax automation services designed to simplify the complexities of tax compliance. The company offers a range of products, including tax intelligence solutions that help clients maintain, analyze, and validate tax data throughout the procure-to-pay and order-to-cash processes. By delivering these services, LCR-Dixon assists organizations in navigating and managing intricate global compliance requirements, ensuring accurate and efficient tax management. Additionally, the company provides technical support services to enhance the user experience and optimize the functionality of its software solutions.

Taxamo

Acquisition in 2021
Taxamo is a company specializing in tax management solutions for businesses engaged in online sales, focusing on VAT, GST, and sales tax compliance. It offers advanced software that enables enterprises to manage these tax obligations in real-time, ensuring compliance with global tax requirements. Taxamo's services are tailored to meet the specific needs of its clients, providing options such as Taxamo Advantage and Taxamo Intermediary Plus, which enhance compliance while supporting business growth. The company emphasizes a partnership approach, working closely with clients to facilitate a smooth digital sales journey and adapt to evolving tax regulations. Through its innovative technology and expertise, Taxamo positions itself as a trusted partner for businesses navigating the complexities of international taxation.

Tellutax

Acquisition in 2021
Tellutax designs edge-based technology utilizing a container architecture, which enables customers to deliver tax solutions seamlessly at the point of need with increased scalability and simplified management.

Axonius

Series C in 2020
Axonius, Inc. is a cybersecurity company that specializes in asset management for connected devices used by businesses. Founded in 2017 and headquartered in Tel Aviv, Israel, the company offers a platform that provides comprehensive asset inventory, identifies gaps in security coverage, and ensures compliance with security policies. Axonius delivers a unified and extensible system that integrates data from various networked devices and existing standalone management services, allowing IT and security operations teams to gain visibility and control over their devices. The platform features an easy-to-use adapter API and plug-in framework for integrating new device types and facilitates secure sharing of adaptors across the organization. Deployment options include both on-premise and cloud solutions, enabling enterprises to manage mobile, computing, and IoT devices effectively.

Axonius

Series B in 2019
Axonius, Inc. is a cybersecurity company that specializes in asset management for connected devices used by businesses. Founded in 2017 and headquartered in Tel Aviv, Israel, the company offers a platform that provides comprehensive asset inventory, identifies gaps in security coverage, and ensures compliance with security policies. Axonius delivers a unified and extensible system that integrates data from various networked devices and existing standalone management services, allowing IT and security operations teams to gain visibility and control over their devices. The platform features an easy-to-use adapter API and plug-in framework for integrating new device types and facilitates secure sharing of adaptors across the organization. Deployment options include both on-premise and cloud solutions, enabling enterprises to manage mobile, computing, and IoT devices effectively.

91.COM

Series A in 2011
entertainment

UNISOC

Series C in 2004
UNISOC is a fabless semiconductor company specializing in the research and development of core chipsets for mobile communications and the Internet of Things (IoT). The company produces a wide range of products, including mobile chipset platforms that support various communication standards such as 2G, 3G, and 4G, as well as RF chipsets, wireless connection chipsets, security chipsets, TV chipsets, and image sensor chipsets. With a global workforce of over 4,500 employees and numerous research and development centers, UNISOC ranks among the top three suppliers of mobile baseband chipsets worldwide and is the largest pan-chip supplier in China. The company's offerings enable access to advanced technologies, including 5G and artificial intelligence, for consumer and industrial electronics.

Paypal

Series C in 2000
PayPal, established in 2002, is a leading global digital payment platform that facilitates transactions between consumers and merchants. With over 375 million active users across 200 markets, PayPal enables users to send, receive, and withdraw funds, as well as make and accept payments online and in-store. It partners with a wide range of businesses, from small online stores to large e-commerce platforms, including Anyway Any Day, Ozone.ru, and Aeroexpress in Russia, where it launched in 2013. PayPal's mission is to make financial services more accessible, affordable, and secure, thereby empowering individuals and businesses to participate in the global economy.

Kintsugi

Kintsugi is a company focused on advancing mental healthcare through innovative technology. It specializes in developing voice biomarker software designed to detect signs of depression and anxiety from brief samples of natural speech. Recognized for its AI advancements, Kintsugi aims to bridge gaps in mental health care within various health systems. By providing tools that enable quicker and more accurate diagnoses, the company seeks to enhance efficiency and potentially save lives.
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