Numeral closed a $100m Series C funding round. Insight Partners led the round. Salesforce Ventures, Geodesic, Benchmark, Mayfield, FCVC, Y Combinator and Uncork also participated. Numeral will use the funds to accelerate product development. It will expand its offering to software, manufacturing, distribution and wholesale sectors. The company will also hire across engineering, sales, marketing and product. California will include prewritten software in sales and use tax from 2027. Numeral’s transaction volume rose 327% year-over-year. Its tax engine is expected to handle over 80 million transactions. The platform covers the full sales tax compliance lifecycle. It includes nexus monitoring, registrations, tax calculation, filings, remittance and exemption certificate management. Numeral also handles VAT and GST compliance in over 90 countries. It integrates with more than 40 billing, financial and ERP systems.
What it unlocks
Scaling AI-driven sales tax compliance across new industries and larger businesses.
- $100m Series C
- 327% YoY transaction volume growth
- 80m+ transactions expected
- 80% less time on filings
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