CereTax: Pioneering the Future of Sales Tax Solutions
July 6, 2024, 3:30 pm
Location: United States, Georgia, Alpharetta
Employees: 11-50
Founded date: 2021
Total raised: $19M
In a groundbreaking move, CereTax, a forward-thinking sales tax solution company, recently secured a substantial $9 million in financing. This funding, spearheaded by S3 Ventures and backed by Wild Basin Investments and Leaders Fund, marks a significant milestone for CereTax as they continue to revolutionize the world of sales tax automation. Unlike traditional tax systems that are plagued by long implementations, inflexibility, and scalability limits, CereTax offers a cutting-edge, cloud-based solution that seamlessly meets the high demands of modern businesses. With a revenue that has more than tripled year-over-year and a growing network of over 20 channel partners, CereTax is making waves in the industry.
The infusion of capital from this funding round will enable CereTax to further invest in product innovation and enhance support for their valued customers and partners. Key strategic hires, such as Dario Salas Machado as Vice President of Finance and Marni Burger as Vice President of Marketing, will play a crucial role in scaling the company and driving continued growth. Additionally, the addition of Robert Alvarez to the board of directors brings a wealth of experience from companies like BigCommerce, positioning CereTax for a future filled with innovation and success.
The significance of this funding round cannot be understated, as it underscores CereTax's commitment to reshaping the landscape of sales tax solutions. By combining the modernization of a true cloud solution with a team of indirect tax experts who prioritize relationships, CereTax is setting a new standard in the industry. The testimonials from satisfied customers, such as Lina Pinskaya, Controller of Ideal Living, attest to the transformative impact of CereTax's sales tax solution.
As CereTax continues to grow its leadership team and expand its board, the company is strategically positioning itself for a new era of growth and innovation. The collective expertise and vision of the team will be instrumental in driving customer and partner success while achieving substantial growth in the years to come. With this latest funding round, CereTax is poised to lead the charge in revolutionizing the world of sales tax solutions and setting new benchmarks for excellence in the industry.
The infusion of capital from this funding round will enable CereTax to further invest in product innovation and enhance support for their valued customers and partners. Key strategic hires, such as Dario Salas Machado as Vice President of Finance and Marni Burger as Vice President of Marketing, will play a crucial role in scaling the company and driving continued growth. Additionally, the addition of Robert Alvarez to the board of directors brings a wealth of experience from companies like BigCommerce, positioning CereTax for a future filled with innovation and success.
The significance of this funding round cannot be understated, as it underscores CereTax's commitment to reshaping the landscape of sales tax solutions. By combining the modernization of a true cloud solution with a team of indirect tax experts who prioritize relationships, CereTax is setting a new standard in the industry. The testimonials from satisfied customers, such as Lina Pinskaya, Controller of Ideal Living, attest to the transformative impact of CereTax's sales tax solution.
As CereTax continues to grow its leadership team and expand its board, the company is strategically positioning itself for a new era of growth and innovation. The collective expertise and vision of the team will be instrumental in driving customer and partner success while achieving substantial growth in the years to come. With this latest funding round, CereTax is poised to lead the charge in revolutionizing the world of sales tax solutions and setting new benchmarks for excellence in the industry.