Vertex

Vertex

Provides tax technology and compliance solutions

About Vertex

Simplify's Rating
Why Vertex is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Consulting

Enterprise Software

Financial Services

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Upper Merion Township, Pennsylvania

Founded

1978

Overview

Vertex provides tax technology solutions that help businesses manage their tax compliance effectively. Their software solutions are designed to streamline tax processes, making it easier for companies to adhere to complex tax regulations and e-invoicing requirements. Vertex's products integrate with existing systems, such as SAP ERP, to enhance operational efficiency. Unlike many competitors, Vertex focuses on offering comprehensive, end-to-end solutions tailored for both large enterprises and small to medium-sized businesses facing intricate tax challenges. The company's goal is to ensure that clients can maintain continuous compliance while simplifying their tax management processes.

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Simplify's Take

What believers are saying

  • Vertex can leverage AI-driven tax compliance trends to enhance accuracy and efficiency.
  • The global push for digital tax reporting presents expansion opportunities for Vertex.
  • Increasing complexity in tax regulations drives demand for Vertex's sophisticated solutions.

What critics are saying

  • Emerging tax technology startups pose a competitive threat to Vertex's market share.
  • Rapid e-invoicing regulation changes may strain Vertex's resources and service delivery.
  • Reliance on large enterprises for revenue poses risks if clients switch providers.

What makes Vertex unique

  • Vertex offers comprehensive tax technology solutions for diverse industries since 1978.
  • The company provides integrated solutions enhancing efficiency and compliance with global e-invoicing.
  • Vertex serves over 10,000 businesses, including large enterprises and SMEs, globally.

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Funding

Total Funding

$348M

Above

Industry Average

Funded Over

2 Rounds

Post IPO Convertible funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Convertible Funding Comparison
Coming Soon

Benefits

Remote Work Options

Company News

Gaebler
Apr 18th, 2025
Spreadtrum Communications Funding Round

On 6/4/2004, Spreadtrum Communications raised $22 million in Series C funding from New Enterprise Associates.

Alease
Apr 17th, 2025
VERTEX upset Grayhound for spot at BLAST Showdown

VERTEX locked in a first-place finish at Fortress OCE Masters Fall 2022 Finals in Melbourne to qualify for BLAST Premier Fall Showdown.

MarketBeat
Mar 13th, 2025
Callan Family Office LLC Makes New Investment in Vertex, Inc. (NASDAQ:VERX)

Callan Family Office LLC makes new investment in Vertex, Inc. (NASDAQ:VERX).

PR Newswire
Jan 9th, 2025
J.P. Morgan Healthcare Conference 2025: Genomics Announces Dr Jose-Carlos Gutiérrez-Ramos As New Board Member To Accelerate Global Expansion And Life Sciences Rd Growth

Dr Jose-Carlos Gutiérrez- Ramos is the Chief Science Officer at Danaher Corporation. He has held senior drug discovery roles at Pfizer, Abbvie, and GSK. As CEO and President of Synlogic, he led the company from early drug discovery to clinical stage and public marketsHe brings a wealth of experience across biotechs and pharmaceutical companies, combined with deep expertise in science and tech for successful drug discovery, drug development programmes, and marketed drugsThe appointment strengthens the company's commercial capabilities, life sciences innovation, and R&D offering, to advance Genomics' mission of changing the future of healthcareOXFORD, England, Jan. 9, 2025 /PRNewswire/ -- Genomics , a healthcare company using large-scale genetic information to develop innovative precision healthcare tools and to bring new understanding to drug discovery, today announced the appointment of Dr Jose-Carlos Gutiérrez-Ramos to its Board. The appointment will support the company's rapid growth and strengthen its commercial offering globally, with a focus on scaling its life sciences business. The announcement coincides with significant Genomics presence at the J.P

Vertex Inc.
Jan 9th, 2025
Vertex Recognized in Built In's Esteemed 2025 Best Places to Work Awards

Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions, was recognized on Built In's 50 Best Remote Large Places to Work and 100 Best Remote Places to Work lists.

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