At a Glance

Status
Unrealized
Headquarters
Boca Raton, FL
Area of Focus
Government Software, Data and Payments
Partnered
2021
Company Website
https://www.autoagent.com/

An industry leader in software, data and payments that provides solutions for government entities to facilitate property tax and other citizen payments and sells access to real-time property data

Autoagent provides sophisticated and simple-to-use software to government agencies for property tax collection in exchange for usage of its platform and access to real-time tax data.  Autoagent also sells the data to lenders, property managers and other stakeholders and collects revenue on electronic tax payments made by property owners and other government payments made by its citizens. Autoagent’s property tax collection platform and dedicated payment and data platform benefits taxing jurisdictions by offering a more streamlined, integrated digital solution while eliminating processing errors for taxing jurisdictions across the United States.

WHY WE PARTNERED

We saw an intuitive, scalable and highly valuable software, data and payments company with an experienced executive leadership team who have cultivated a strong culture and a demonstrated ability to successfully grow the business, in an industry where we have significant experience.  Autoagent has proven to be highly successful at creating enduring partnerships with taxing jurisdictions across the US, who are enthusiastic advocates of Autoagent’s solutions. With our support, we expect the leadership to continue driving growth within government jurisdictions and expand their capabilities across government payments beyond their core focus on property taxes.

OUR JOURNEY

  • Bolstered an efficient, technology-led culture with expansion of sales and strategic business development capabilities
  • Executed its first acquisition, a pure-play government payments business with more than $400 million of payment volume and 900 relationships across all departments within local governments

Niko Spyridonos

Founder & CEO

~130%

Average annual net revenue retention for the last 5 years

97%+

Average annual tax jurisdiction retention

1,100+

Government jurisdictions added since 2018

35%

Annual revenue growth since 2016