"We want Versori to connect the world's systems. That was the mission statement from day one. As we were going through a period of growth we were facing doing another investment round, but Avalara were already a customer and the strategic fit was very strong."
"Compliance at global scale depends on seamless, reliable integration. Versori's technology and team significantly accelerate our ability to connect into the world's commerce systems quickly, at scale, using intelligent, AI-driven automation that meets the reliability and accuracy standards global compliance demands."
Avalara, a US technology company specializing in tax and compliance solutions, has acquired Versori, a Manchester-based integration startup founded in 2022. Versori's proprietary platform enables companies to connect complex systems including ERPs, ecommerce platforms, and financial applications with enhanced speed and automation. The 23-person team, including co-founders Sean Brown and Daniel Jones, will remain with the business operating as Versori by Avalara. Versori previously raised $10.5 million in funding and graduated from Y Combinator in March 2023. Avalara serves over 200,000 customers across 75 countries and aims to embed real-time compliance into global commerce systems. The acquisition strategically aligns with both companies' missions to connect world systems and accelerate compliance capabilities at global scale.
Read at Business Matters
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