Company intelligence

Numeral

As of September 23, 2026, Numeral has raised at least $100M in equity across 1 sourced funding round.

Last verified Sep 23, 2026

Numeral at a glance

As of
Equity raised
$100M[1]
Across 1 sourced roundDerived
Lead investors
Insight Partners[2]
Series C · September 2026
  1. [1] Equity raised: Sum of the 1 sourced equity round in the funding history below (debt, tender offers and rumored rounds excluded), September 23, 2026
  2. [2] Lead investors: Business Wire, September 23, 2026

What Numeral does

Ross founded the company in 2023 with Matt DuVall, its chief technology officer.[1] The software covers tracking where a company owes tax, registering, calculating rates, filing, paying and managing exemption certificates.[1] It also handles VAT and GST compliance in more than 90 countries and connects with more than 40 billing, finance and ERP systems.[2] Numeral pairs a deterministic tax engine with automation and in-house tax specialists for complex cases.[1] The company says total transaction volume grew 327% year over year and that it expects its engine to process more than 80 million transactions.[2] Salesforce Ventures, Geodesic, Benchmark, Mayfield, FCVC, Y Combinator and Uncork also took part.[2] It also launched a partner program for accounting firms.[1]

Business model and customers

Numeral is a San Francisco company that sells software for handling sales tax compliance.[2] Numeral plans to use the money for product development, expansion into software, manufacturing, distribution and wholesale customers, and hiring.[2]

Leadership

  • Sam Ross is co-founder and CEO.[2]

Numeral profile

written 2026-10-24

Numeral, a San Francisco sales tax compliance company, raised a $100 million Series C led by Insight Partners on September 23, 2026.

What Numeral does

Numeral sells software that handles US sales tax compliance from start to finish. The Next Web reported that this covers tracking where a company owes tax, registering, calculating rates, filing, paying and managing exemption certificates. Numeral's site lists a tax engine, nexus monitoring, filings and remittance, registrations and exemption certificate management.[1],[2]

Numeral supports VAT and GST compliance in more than 90 countries and connects with over 40 billing systems, financial platforms and enterprise resource planning systems, according to its Series C announcement. Numeral's own site also lists indirect tax compliance in 90+ countries.[3],[2]

Numeral combines a deterministic tax engine with AI and automation, and customers can reach in-house tax specialists for complex cases, according to Numeral's announcement. Numeral's site describes the service as human expertise combined with agentic capabilities.[3],[1],[2]

Numeral says that when companies move existing exemption certificates onto its platform, 30% to 40% often fail validation. The company presents the figure as a sign of compliance issues that may have gone unidentified. It is a company statistic, and the sources opened for this profile do not give the underlying data.[3],[1]

Numeral points to California as an example of how fast sales tax rules change. The state enacted a law that extends sales and use tax to prewritten software, including SaaS, beginning in 2027.[3],[1]

History

Numeral is a San Francisco company that sells AI-powered sales tax compliance software. Its Series C announcement says it was founded in 2023 by Sam Ross and CTO Matt DuVall, and The Next Web also reports a 2023 founding. Numeral's own about page says it was founded in 2022. The sources conflict and this profile does not resolve the difference.[3],[1],[4]

Numeral raised a $35 million Series B in September 2025, according to its Series C announcement. The sources opened for this profile do not name the lead of that round.[3],[1]

Numeral reported a 327% year-over-year increase in total transaction volume when it announced its Series C. The company said it expects to process more than 80 million transactions through its tax engine. It also said it recorded a significant increase in software, distribution and manufacturing customers.[3],[1]

Numeral launched an accounting partner program alongside the Series C. Accounting firms can refer clients, resell the platform, use it to deliver their own services, or advise clients through implementation.[3],[1]

Numeral's website footer names the company as Numeral Two, Inc. No source opened for this profile explains the name or whether it reflects an earlier entity.[4]

Funding

Numeral announced a $100 million Series C on September 23, 2026, led by Insight Partners. Salesforce Ventures, Geodesic, Benchmark, Mayfield, FCVC, Y Combinator and Uncork took part, according to the Business Wire announcement.[3],[1]

Numeral has raised $157 million in total, according to The Next Web and to Numeral's own about page. Numeral's announcement lists Insight Partners, Salesforce Ventures, Geodesic, Benchmark, Uncork Capital, Y Combinator, FundersClub, Mantis and Mayfield among its investors.[1],[4],[3]

Numeral's homepage banner describes the Series C as led by Insight Partners and Salesforce Ventures. The press release and The Next Web name Insight Partners as the lead and list Salesforce Ventures as a participant.[2],[3],[1]

Numeral said it will use the Series C money to accelerate product development, expand its offering for software, manufacturing, distribution and wholesale companies, and grow its team across engineering, sales, marketing and product.[3]

Numeral has not disclosed a valuation or revenue in the sources opened for this profile.[3],[1]

People

Sam Ross is Numeral's co-founder and CEO. Matt DuVall is co-founder and chief technology officer, according to Numeral's about page and The Next Web.[3],[4],[1]

Numeral's about page also lists Fatima Husain as Chief Business Officer, Hudson Bova as VP of Finance, Dominic Kelly as VP of Sales and Ken Webster as Head of Research.[4]

Customers and partners

Numeral says it serves more than 3,500 customers, including many of the fastest-growing ecommerce brands, venture-backed startups, and some of the largest distribution and manufacturing businesses. Numeral's about page does not name them.[4],[2]

Numeral lists Shopify, Stripe, QuickBooks and NetSuite as integrations on its website. A testimonial on Numeral's homepage comes from Karsten Loose, founder of Karlon Group.[4],[2]

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Recent changes

  1. Sep 23, 2026Raised $100M Series C Business Wire
  2. Sep 23, 2026First reported total funding: $157.5M Business Wire
  3. Sep 23, 2026New investor: Salesforce Ventures Business Wire
  4. Sep 23, 2026New investor: Y Combinator Business Wire
  5. Sep 23, 2026New investor: Uncork Capital Business Wire
Earlier changes (5)
  1. Sep 23, 2026New investor: Mayfield Fund Business Wire
  2. Sep 23, 2026New investor: Geodesic Capital Business Wire
  3. Sep 23, 2026New investor: Insight Partners Business Wire
  4. Sep 23, 2026New investor: Benchmark Business Wire
  5. Sep 23, 2026Numeral Raises $100M To Automate Sales Tax With AI Pulse story

Funding history

1 equity event · newest first · sources dated per row
DateRoundAmountValuationLead investorsSource
Sep 23, 2026Series C$100M—
WithSalesforce VenturesunverifiedGeodesic CapitalunverifiedBenchmarkunverifiedMayfield FundunverifiedY CombinatorunverifiedUncork CapitalunverifiedFCVC
Business Wire

Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.

How Numeral has been funded

It raised a $35 million Series B in September 2025.[1] On September 23, 2026, Numeral announced a $100 million Series C led by Insight Partners.[2] The round brought its total funding to $157 million, The Next Web reported.[1]

Investors

Latest Pulse

  1. Why AI Deals Are Repricing In Months, Not YearsFour venture-backed companies repriced at two to five times their own prior valuation marks in six weeks, and only one of them trains foundation models -- evidence investors are underwriting growth speed broadly, not just an AI-label premium.→
  2. AI Agents Are Eating Headcount, Not SoftwareNumeral, Ema and Bird.com all sold the same pitch this week -- an AI agent that does one specific job cheaper than a human -- and the pattern says vertical, headcount-replacing agents are the more durable bet than horizontal chatbot platforms.→
  3. Numeral Raises $100M To Automate Sales Tax With AINumeral raised a $100 million Series C led by Insight Partners, its second large raise in about a year, taking total funding to $157.5 million as it expands its AI-driven sales-tax compliance platform for e-commerce and SaaS companies.→

Coverage Timeline

newest first
  1. Sep 24, 2026AIAI Agents Are Eating Headcount, Not Software→
  2. Sep 23, 2026FUNDINGNumeral Raises $100M To Automate Sales Tax With AI$100M Series C→

All Coverage

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Numeral FAQ

How much has Numeral raised?

Numeral raised a $35 million Series B in September 2025.[1]

Who invested in Numeral?

On September 23, 2026, Numeral announced a $100 million Series C led by Insight Partners.[2]

Who founded Numeral?

Sam Ross is co-founder and CEO.[2]

References

researched 2026-10-24
  1. The Next Web
  2. Yahoo Finance
Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

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