Avalara, a U.S.-based tax software company that underwent privatization in 2022, has quietly submitted an Initial Public Offering (IPO) application in the United States, signaling its intention to return to the public market. This strategic move underscores investors' positive outlook on the IPO landscape. Avalara offers a cloud-based software platform that aids businesses in adhering to tax regulations, with a clientele that includes notable brands like Adidas. However, the precise details of this IPO offering remain undisclosed.