By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Felly ViralFelly ViralFelly Viral
Notification Show More
Font ResizerAa
  • Home
  • Nigeria
    NigeriaShow More
    See 4 reasons foreigners may be handed an entry ban
    September 24, 2026
    AFCON 2027 qualifier: Predicted Super Eagles lineup to face Madagascar
    September 24, 2026
    My 10-year-old daughter spent her last money on a homeless man — Then he came to our door
    September 24, 2026
    Find out more as New Zealand changes visa application rules from October 1 for applicants
    September 24, 2026
    William Troost-Ekong: Why newly converted Muslim retired from Super Eagles after 10 years
    September 24, 2026
  • Technology
    TechnologyShow More
    Google will launch its first AI chips into orbit next week
    September 24, 2026
    Google is sending an AI satellite into space next week
    September 24, 2026
    Google is sending an AI satellite into space next week
    September 24, 2026
    I have some questions for Mark Zuckerberg
    September 24, 2026
    AWS says almost 90% of Amazon’s early AI agent prototypes never shipped
    September 24, 2026
  • Sports
  • World News
    World NewsShow More
    Historic High Seas Treaty Reaches Critical Ratification Threshold at United Nations
    September 24, 2026
    China’s Xi visits US as Trump bets on stabilising global relations
    September 24, 2026
    In Amish country, nurses go door to door to stop deadly spread of measles
    September 24, 2026
    OpenAI, Anthropic CEOs call for global AI regulation at UN
    September 24, 2026
    Iran war live: Tehran says it won’t be bullied, remains open for talks
    September 24, 2026
  • Politics
    PoliticsShow More
    Qatar lists 47 countries eligible for free 30-day tourist visa
    September 24, 2026
    NECO: Popular exam body finally releases 2026 SSCE results, read details
    September 24, 2026
    The vibes are bad for Flock in Washington
    September 24, 2026
    Qatar names African country whose citizens can visit for 30 days without a visa fee
    September 24, 2026
    Starlink ground station near Warsaw hit by fire, Poland suspects sabotage
    September 24, 2026
  • Science
  • Entertainment
    EntertainmentShow More
    “Supply chains are at risk”: O-ID raises $1.2m for modular humanoid robots
    September 24, 2026
    Late Emir Ajagungbade’s five wives make appearance in viral video
    September 24, 2026
    Revealed: Tyson Fury and Anthony Joshua set to share $200m for fight on December 11
    September 24, 2026
    Revealed: Tyson Fury and Anthony Joshua set to share $200m for fight on December 11
    September 24, 2026
    Davido’s message to Wike’s son Joaquin gets attention online
    September 24, 2026
  • Crypto
    CryptoShow More
    Nexo report points to operational friction as the biggest investor barrier
    September 23, 2026
    See 5 foreign family members eligible for sponsorship into country
    September 23, 2026
    Institutional Tokenized Treasuries Surpass $15 Billion Milestone as On-Chain Settlement Expands
    September 22, 2026
    Skenes cites WBC for velocity dip: 'It definitely affected the year'
    September 22, 2026
    Living with chronic pain at work: Supportive managers can help, but they can't solve everything
    September 21, 2026
  • About Us
  • Contact
Reading: Numeral raises $100m Series C for AI sales tax compliance
Share
Font ResizerAa
Felly ViralFelly Viral
  • Home
  • Entertainment
  • Science
  • Technology
  • Business
  • Crypto
  • Health
  • Nigeria
  • Politics
  • Sports
  • World News
Search
  • Home
  • About Us
  • Contact Us
  • Categories
    • Nigeria
    • Technology
    • Entertainment
    • Science
    • Health
    • Sports
    • Politics
    • World News
    • Business
    • Crypto
Have an existing account? Sign In
Follow US
Felly Viral > Blog > Technology > Numeral raises $100m Series C for AI sales tax compliance
Technology

Numeral raises $100m Series C for AI sales tax compliance

admin
Last updated: September 23, 2026 1:41 pm
admin Published September 23, 2026
Share
SHARE
September 23, 2026 at 1:41 pmIn: Technology

Numeral co-founders Sam Ross (left), chief executive, and Matt DuVall, chief technology officer. Credit: Numeral Sales tax has become a much bigger operational challenge as companies grow across markets, systems and business models. Sam Ross, co-founder and chief executive of Numeral, said that as the San Francisco company announced a $100m Series C on Wednesday. Insight Partners led the round.

Salesforce Ventures, Geodesic, Benchmark, Mayfield, FCVC, Y Combinator and Uncork also took part. Numeral has now raised $157m in total. Its previous round was a $35m Series B in September 2025. Ross founded the company in 2023 with Matt DuVall, its chief technology officer.

What Numeral does Numeral sells software that handles sales tax compliance from start to finish. That covers tracking where a company owes tax, registering, calculating rates, filing, paying and managing exemption certificates. It also supports VAT and GST compliance in more than 90 countries, and connects to more than 40 billing, financial and enterprise resource planning systems. The company combines a deterministic tax engine with AI and automation, and customers can reach in-house tax specialists for complex cases.

Numeral said its total transaction volume grew 327% year on year, and that it expects its tax engine to process more than 80 million transactions. It says customers can cut the time spent on filings and registrations by up to 80%. When companies move their existing exemption certificates onto the platform, 30% to 40% often fail validation, according to the company. Rules that keep moving Numeral pointed to California as an example of how fast the rules change.

The state has enacted a law that extends sales and use tax to prewritten software from 2027. That includes SaaS and software delivered electronically or accessed remotely. Rebecca Liu-Doyle, a managing director at Insight Partners, said the complexity is still growing. Sales tax is mission-critical to get right, and the complexity is only growing as regulations expand into new products and markets.

Other AI compliance startups have raised money this month. HelmGuard raised $7.3m this month for AI compliance agents, and Comp AI raised $34m to automate security compliance. Benford raised a pre-seed round to build a tech-native audit firm. Where the money goes Numeral will use the funding for product development and to expand into software, manufacturing, distribution and wholesale.

It will hire across engineering, sales, marketing and product. It has also launched an accounting partner programme. Firms can refer clients, resell the platform, use it to deliver their own services, or advise clients through implementation. Salesforce’s own chief executive, Marc Benioff, launched AIforce at Dreamforce last week.

Insight Partners and Salesforce Ventures also backed Wonderful’s $550m round this month. Arvind Ayyala, a partner at Geodesic Capital, set out why his firm joined Numeral’s. Tax compliance has traditionally forced businesses to choose between expensive manual work and software that still leaves them carrying the operational burden.

You Might Also Like

Legora’s CEO says Europe should not build a frontier AI lab

Activision will make the next Halo game as Xbox cuts 268 more jobs

AI app ads promoting 'objectification of women' banned by watchdog

The Tempe 57: A father’s fight for justice after Greece’s worst train crash

OpenAI agents hacked an Australian government website in search for data 

Share This Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

What's Hot

Badenoch accuses Burnham of kicking defence spending into the long grass

Zack Polanski says he'll run for former PM Starmer's seat in by-election

Rewetting peatlands may curb warming-driven CO₂ emissions

Bridging interfacial water structure and reactivity in photocatalytic hydrogen evolution at TiO₂ interfaces

📈 College football Power Rankings: Who's No. 1?

How significant is the Yemeni government’s military gains against Houthis?

Categories

Business

214 Articles

Politics

800 Articles
- Advertisement -
Ad image

Categories

  • Sports
  • Politics
  • Technology
  • World News
  • Science
  • Business
  • Entertainment
  • Nigeria
  • Health
  • Crypto

About US

Welcome to Felly Viral, your destination for the latest trends, breaking stories, engaging updates, and conversations shaping the world around us
Quick Link
  • Home
  • About Us
  • Contact
  • Member Login
  • Profile
  • My Bookmarks
  • Privacy Policy
  • Terms and Conditions
Top Categories
  • Entertainment
  • Sports
  • World News
  • Politics
  • Technology
  • Science
  • Business
  • Health
  • Crypto

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

© Foxiz News Network. Ruby Design Company. All Rights Reserved.

Powered by
Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
None
Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
None
Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
None
Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
None
Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
None
Powered by
Welcome Back!

Sign in to your account