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•6 months ago
Amount Raised
$18 Million
Round Type
series a
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.
Funding Insights
Based on industry dataVC-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