What is Numeral?
Numeral provides a comprehensive tax automation solution designed to streamline the complexities of sales tax and VAT compliance for businesses operating in the digital economy. Its platform automates critical processes from registration and tax calculation to filing and remittance, offering white-glove support to ensure accuracy and efficiency. By leveraging advanced technology, Numeral aims to alleviate the burden of tax management, allowing businesses to focus on core operations and growth.
How much funding has Numeral raised?
Numeral has raised a total of $38M across 2 funding rounds:
Angel/Seed
$3M
Series B
$35M
Angel/Seed (2023): $3M with participation from AngelList, Bienville Capital Partners Offshore, and Kruze Consulting
Series B (2025): $35M led by Mantis Venture Capital, Mayfield, Y Combinator, Uncork Capital, and Benchmark
Key Investors in Numeral
Mantis Venture Capital
Mantis Venture Capital is an early-stage venture fund that invests in innovative startups across various sectors including fintech, healthcare, gaming, and AI, aiming to support entrepreneurs and foster growth in the startup ecosystem.
Mayfield
Mayfield is a Menlo Park-based venture capital firm that invests in early-stage technology companies, primarily at seed and Series A, partnering with founders through growth and exit.
Y Combinator
Y Combinator is a startup accelerator that provides seed funding for new businesses and connects them with investors, based in Mountain View, California.
What's next for Numeral?
The recent major enterprise-level funding positions Numeral for significant scaling and innovation. This capital infusion is anticipated to fuel product development, expand market reach, and enhance customer support capabilities. With a focus on automating complex tax regulations globally, Numeral is poised to further solidify its role as a leader in the tax technology sector, potentially exploring new service offerings and strategic partnerships to address evolving compliance demands.
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