Sabrix

company

About

Sabrix provides transaction tax management services and software, giving companies a simpler approach to solving complex tax challenges.

  • 51 - 100

Details

Last Funding Type
Seed
Last Funding Money Raised
$1M
Industries
Enterprise Software,Finance,Transaction Processing
Founded date
Jan 1, 1999
Number Of Employee
51 - 100
Operating Status
Active

Sabrix, Inc. is a leading provider of transaction tax management for companies of all sizes, enabling finance, tax, and IT professionals to achieve accurate, timely, and cost-effective compliance for sales tax, use tax, Value Added Tax (VAT), excise tax and industry-specific taxes and fees. The Sabrix Application Suite serves global enterprises such as Amazon.com, BASF, Cisco, DTE Energy, IBM, QUALCOMM, Sportsman's Warehouse, and York International. The Sabrix Application Suite seamlessly connects to all financial applications requiring the determination, calculation, and recording of transaction taxes. The company also offers the Sabrix Managed Tax Service (MTS), an outsourced transaction tax compliance service that helps finance departments of small-and-medium-sized businesses eliminate the hassle, control their audit exposure, and reduce the total cost of sales tax, use tax, and VAT compliance. Sabrix MTS seamlessly integrates with a company's existing accounting and e-commerce systems, and, similar to outsourced payroll services, operates as a trusted extension of a company's finance department to address tax compliance from start to finish: address validation, tax rate maintenance, tax determination and calculation, returns preparation and filing as well as audit research and documentation.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$7.20M
Sabrix has raised a total of $7.20M in funding over 2 rounds. Their latest funding was raised on Nov 15, 2002 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 15, 2002 Series B $6.20M 1 Venture Strategy Partners Detail
Jun 1, 2000 Seed $1M 1 CB Capital LLC Detail

Investors

Number of Lead Investors
Number of Investors
2
2
Sabrix is funded by 2 investors. Venture Strategy Partners and CB Capital LLC are the most recent investors.
Investor Name Lead Investor Funding Round
Venture Strategy Partners Yes Series B
CB Capital LLC Yes Seed