Sovos ShipCompliant, founded in 2006, offers worry-free protection from beverage alcohol compliance risk. The company provides a full suite of web-based software tools for wine, beer, and spirits suppliers to ensure compliance with federal and state laws for direct and wholesale distribution. Recognized as the wine industry's standard for compliance management, Sovos ShipCompliant's software as a service (SaaS) automates complex functions such as compliance checks, brand and label registrations, price postings, direct shipping, excise tax, sales tax reporting, and paperless compliance management. With established relationships across the industry, including leading associations, software companies, third-party shippers, compliance consultants, and common carriers, Sovos ShipCompliant is well-positioned in the market. The last investment of $23.47M Private Equity Round was secured on 22 March 2024, signifying continued investor confidence in the company's potential. For more information, visit www.sovos.com/shipcompliant.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Private Equity Round | $23.47M | - | 22 Mar 2024 | |
Venture Round | $7.22M | - | 29 Dec 2023 | |
Venture Round | $20.55M | - | 29 Jun 2023 | |
Venture Round | $27.02M | - | 14 Feb 2023 | |
Seed Round | $720.23K | - | 30 Nov 2022 |
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