DAVO Technologies
Westbrook
About DAVO Technologies
DAVO was created to solve the pain points in the payor/payee relationship; optimizing any recurring payment cycle, compressing time. Whether it’s a small to mid-sized merchant looking to simplify their sales tax payment method, a state government looking to collect sales tax securely, or a franchisor looking to streamline the collection of franchise royalty and advertising fees, DAVO has the solution. Our process is passive, seamless, and automatic. We optimize any recurring payment cycle of 30, 60 or 90 days (etc) and reduce that to 24 hours, compressing time. DAVO Sales Tax is the automated solution to the number one problem small to mid-sized businesses face when it comes to sales tax- having the funds available when it is time to pay. DAVO’s patented process automatically impounds the total sales tax collected daily, and files and pays when due. No need to worry about late or incorrect filing or paying penalties ever again. DAVO is integrated with multiple cloud based Point of Sale (POS) platforms such as Clover, Square, Revel, Poynt and QuickBooks Online. The entire process is seamless and automatic, eliminating the risk of missed, short or late payments. DAVO removes the friction points associated with sales tax compliance, affording merchants more time to focus on the profitable aspects of their business. DAVO does for sales tax what ADP and Paychex did for payroll.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: $1K – $10K
- Total funding: $5.0M
- Funding stage: M&A
- Last round: Corporate Round (Oct 2018)
- Website: davosalestax.com
- Phone: (888) 659-8432
Industries & Categories
Apps, Financial Services, Small and Medium Businesses
Social Profiles
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