Numeral, a San Francisco, CA-based company that handles sales tax compliance for both ecommerce and SaaS companies, raised $18M in Series A funding.
The round, which brought the total amount to $22M, was led by Benchmark Capital with participation from existing seed investors Uncork Capital, Y Combinator and FundersClub.
The company intends to use the funds to extend its focus to include SaaS companies, as 25 states today require sales tax on software sales, to further enhance its international expansion, and to secure additional engineering talent.
Founded by Sam Ross and Matt DuVall, Numeral provides a sales tax compliance management platform for both ecommerce and SaaS companies, offering support throughout the process, from registration to remittance.
The company has nearly 1,000 active customers.
FinSMEs
06/03/2025