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Numeral secured $18M in Series A funding led by Benchmark Capital to help businesses manage sales tax requirements for ecommerce and SaaS companies.

Mar 05, 2025•7 months ago

Amount Raised

$18 Million

Round Type

series a

San FranciscoFinancial ServicesFinance

Investors

Funders ClubY CombinatorUncork CapitalBenchmark Capital

Description

Numeral has raised $18 million in Series A funding to enhance its services for businesses managing sales tax compliance. The company plans to use the funds for international expansion and to focus on engineering talent.

Company Information

Company

Numeral

Location

San Francisco, California, United States

About

Numeral, founded in 2023 and based in San Francisco, handles the intricacies of sales tax compliance for both ecommerce and SaaS companies, providing support throughout the process, from registration to remittance. Numeral has nearly 1,000 active customers and is funded by Benchmark Capital, Uncork Capital, Y Combinator, and FundersClub.

Company News

(2 articles)
Wed, 05 Mar 2025 08:00:00 GMT

Numeral Secures $18 Million in Series A Funding to Help Businesses Manage State-by-State Sales Tax Requirements - Business Wire

Thu, 06 Mar 2025 08:00:00 GMT

Numeral Raises $18 Milllion in Series A - The SaaS News

FundzWatch™ Score

30
Medium Activity
3 total signals

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech