Background
Arvo Tech, established in 2013 and headquartered in Columbus, Ohio, specializes in providing tax strategy solutions tailored for small businesses. The company's mission is to simplify access to federal and state incentive programs, enabling businesses to maximize their financial potential. By integrating comprehensive tax planning with advanced technology, Arvo Tech has positioned itself as a significant player in the tax credit management industry.
Key Strategic Focus
Arvo Tech's strategic focus centers on delivering end-to-end tax credit solutions that encompass assessment, monitoring, documentation, and IRS audit support. The company specializes in employment-based tax incentive programs, notably the Employee Retention Tax Credit (ERTC) and the Work Opportunity Tax Credit (WOTC). Leveraging proprietary technology, Arvo Tech streamlines the process of identifying and claiming tax credits, targeting small to medium-sized businesses across various industries.
Financials and Funding
As of May 2025, Arvo Tech's estimated annual revenue is approximately $3.8 million. The company has secured total funding of $2 million, with a notable Series A funding round of $2.5 million in July 2024. These funds are intended to enhance the company's technological capabilities and expand its service offerings.
Pipeline Development
Arvo Tech continually develops and refines its tax credit solutions to adapt to evolving tax codes and regulations. The company has introduced a new version of its WOTC program survey, designed to improve employee application rates and streamline data collection for federal and state incentive programs. This initiative aims to increase WOTC certification rates and optimize the tax credit claiming process for employers.
Technological Platform and Innovation
Arvo Tech distinguishes itself through its proprietary technology platform that integrates tax credit management with comprehensive tax planning. The platform offers actionable insights and simplifies tax processes, saving companies time and money. Key features include:
- Proprietary Technologies: The platform securely imports data from leading business platforms, facilitating accurate calculations and documentation for tax credit applications.
- Scientific Methodologies: The company employs advanced algorithms to assess eligibility and monitor compliance with tax incentive programs.
Leadership Team
Arvo Tech's leadership comprises experienced professionals dedicated to advancing the company's mission:
- Terracina Maxwell: Co-founder and President, instrumental in developing the company's strategic direction and overseeing operations.
- Todd Fox: Vice President of Engineering, appointed in March 2023, bringing extensive experience in technology and product engineering to enhance the company's platform.
Leadership Changes
In March 2023, Todd Fox joined Arvo Tech as Vice President of Engineering, marking a significant addition to the leadership team aimed at strengthening the company's technological infrastructure.
Competitor Profile
Market Insights and Dynamics
The tax credit management industry is experiencing growth due to increasing complexity in tax codes and the need for businesses to optimize financial strategies. Small to medium-sized enterprises are particularly seeking solutions that simplify access to tax incentives.
Competitor Analysis
Arvo Tech faces competition from companies offering similar tax credit solutions. While specific competitors are not detailed in the available information, the company's focus on integrating comprehensive tax planning with advanced technology provides a competitive edge.
Strategic Collaborations and Partnerships
Arvo Tech has established partnerships with payroll management and applicant tracking system leaders such as Gusto, Bullhorn, and TempWorks. These collaborations enable seamless data integration, enhancing the efficiency of tax credit calculations and documentation.
Operational Insights
Arvo Tech's strategic acquisitions of accounting firms like Mark Murphy and Associates and Lee and Associates have expanded its capabilities, allowing the company to offer a holistic approach to tax strategy and credit management. This integration positions Arvo Tech as a comprehensive solution provider in the market.
Strategic Opportunities and Future Directions
Looking ahead, Arvo Tech aims to continue enhancing its technological platform and expanding its service offerings to address the evolving needs of small businesses. The company is focused on developing innovative solutions that simplify tax credit management and planning, ensuring clients can effectively navigate complex tax landscapes.
Contact Information
- Website: arvotech.com
- LinkedIn: Arvo Tech LinkedIn Profile
