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Numeral Raises $35M to Automate Sales Tax With AI

numeral
  • September 28, 2025
  • E-commerce, Insights

Numeral, a sales tax automation startup founded by former Airbnb PM Sam Ross, raised $35 million in Series B funding at a $350 million valuation, just six months after closing its $18 million Series A. The company utilizes AI to manage complex, jurisdiction-specific tax rules—covering over 11,000 areas worldwide—handling filings, payments, and compliance with the same precision as a human tax accountant, which has driven 3.5 times revenue growth and a client base of over 2,000. Backed by Mayfield, Benchmark, Uncork, Y Combinator, and The Chainsmokers’ VC firm, Numeral differentiates itself with international coverage, positioning it against competitors like Anrok, Zamp, and long-time incumbent Avalara.

Numeral Raises $35M to Automate Sales Tax With AI

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