Fundraising Fox

Numeral

YC W23

San Francisco, US · Founded 2022 · Delaware corporation · 110 employees · Hiring · 8 known investors

numeral.com

Numeral provides a platform for sales tax and VAT compliance, helping e-commerce brands and SaaS companies register for and manage tax obligations across multiple jurisdictions.

Also known as Numeral HQ, Inc. · Numeral HQ

E-commerceEnterprise SoftwareFintechSaaSFinanceComplianceUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (W23)

Numeral was founded in 2022 by Matt DuVall and Sam Ross.

MDMatt DuVall
Matt DuVallin𝕏Co-founder & CTOMatt DuVall is a product engineer who previously worked at Stripe from 2014 to 2019 on payment processing products, and later led product and performance teams at Notion from 2020 to 2022.
SRSam Ross
Sam Rossin𝕏Co-Founder & CEOSam Ross previously held growth and product roles at Airbnb and Teespring, and founded an e-commerce studio. He currently works on Numeral.

Board

CPChetan Puttagunta
Chetan Puttaguntain𝕏Board directorGeneral Partner at Benchmark

Investors · 8

Also in the syndicate · 2

MantisMayfieldlead

Reported raises · per SEC filings

Form D private placements

$53.1M disclosed across 2 of 5 rounds · 2023–2025

$35MraisedNov 2025 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Sri PangulurDirector
  • Samuel RossExecutive Officer, Director
  • Matthew DuVallExecutive Officer, Director
  • Chetan PuttaguntaDirector
Offering amount
$35M
Amount sold
$35M
First sale
Jun 2025
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$18.1MraisedMar 2025 · 4 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Samuel RossExecutive Officer, Director
  • Matthew DuVallExecutive Officer, Director
  • Chetan PuttaguntaDirector
Offering amount
$18.1M
Amount sold
$18.1M
First sale
Aug 2024
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$350Mvaluation at Series BSep 2025
filing ↗
$100Mvaluation at Series AMar 2025
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Entrepreneur Sam Ross and engineer Matt DuVall founded Numeral in early 2023 after Ross experienced multi-state sales-tax filings across ecommerce businesses and DuVall built infrastructure at Stripe, Notion and Box. Numeral combines software/AI with US-based tax experts to monitor nexus, register businesses, calculate rates via integrations/API, file and remit returns, manage notices/mail and exemption certificates, support audits/voluntary disclosure, and expand into VAT/GST. Funding is exactly $57m across a $4m YC/Uncork seed, $18m Benchmark-led A and $35m Mayfield-led B; the September 2025 B valued it at $350m post-money. Customer scale rose from 1,000+ in March 2025 to 2,000+ in September and 3,000+ across 70+ countries by 2026. Named customers include Ridge, Eight Sleep, Graza, Grüns, Manus, Supabase, Brex and Character.ai. Standard public unit pricing is $75 per filing and $150 per registration, with free nexus monitoring/no long contract; advanced real-time calculation is gated to higher packaging. The older numeralhq.com row is the same tax company/domain history and is linked as a duplicate. It is unrelated to the Paris bank-payments company Numeral, acquired by Mambu.

Founding story

Ross's own $50m+ ecommerce operating experience exposed repeated sales-tax pain; he paired with former Stripe/Notion/Box engineer DuVall to automate the workflow end to end.

Business model

Managed compliance software combining agentic automation with tax-expert review.

Usage/unit fees per registration and filing, higher-tier calculation/API and managed services; no long-term contract on standard plan.

Traction

3,000+ customers and 70+ countries by 2026, up from 1,000+ and 3x growth before Series A and 2,000+ at Series B. Current site names Character.ai and YC names Eight Sleep, Supabase and Brex; counts are company-reported.

Latest developments

2026 product adds 70+ country coverage, natural-language reporting, exemption-certificate management and automated tax-mail handling while customer count passed 3,000.

Full profile — market position, technology, go-to-market, geography, history, ownership, risks & controversies

Market position

Fast-growing challenger to Avalara, TaxJar/Stripe, Vertex, Sovos, Zamp, Anrok and Kintsugi; smaller scope than global enterprise suites but expanding internationally.

Hybrid software-plus-human service with transparent per-filing pricing and an on-time guarantee, initially focused on fast-growing ecommerce/SaaS rather than the entire enterprise indirect-tax spectrum.

Technology

Economic-nexus tracking, integrations/transaction ingestion, rules/tax engine and API, agentic registration/filing workflows, remittance, natural-language reporting, notice scanning/response, exemption certificate lifecycle and expert review.

Go-to-market

Free nexus monitoring, content-led acquisition, Shopify/Stripe/accounting integrations, self-serve onboarding plus concierge/expert sales and partner referrals.

Ecommerce, consumer brands and SaaS companies with US multi-state and international indirect-tax obligations.

Founders, CFOs, finance/accounting/tax teams, ecommerce operations, SaaS billing and accounting partners.

Geography

US headquartered; US sales tax across 11,000+ jurisdictions plus VAT/GST compliance in 70+ countries.

History

YC S23/Uncork $4m seed; scaled ecommerce product; Benchmark $18m A March 2025 expanded into SaaS; Mayfield $35m B September at $350m; customer and country coverage continued expanding through 2026.

Ownership

Private; founders/employees plus Mayfield, Benchmark, Uncork Capital, Y Combinator, FundersClub and Mantis.

Risks & controversies

Customers remain legally responsible for tax despite automation; rate/content, filing or integration errors can create penalties. International VAT/GST and enterprise edge cases are complex. Competitors criticize narrower content and feature coverage; published guarantee scope/exclusions matter.

Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Countries supportedAug 202670
CustomersAug 20263,000 businesses minimum
HeadcountAug 2026157
Series b post moneySep 2025$350M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

5 people who came through Numeral went on to found or lead other companies.

Competitors · 4

by search overlap

Companies competing with Numeral for the same Google search keywords, organic and paid, via search-intersection analysis.

Customers & partners

Named customers · 4

Character.aiEight SleepRidgeSupabase

Relationships the company or its partners disclosed publicly — case studies, joint announcements, press.

Pricing

as listed Aug 2026
StandardNumeral Compliance PlatformUS ecommerce and SaaS · usage
$75/filing

Public list pricing as researched from the company's own pricing pages; negotiated and enterprise terms vary.

Legal entities · 2

corporate structure
NumeralDelaware
Numeral HQ, Inc.Delaware, United States · active private

In the news

Research sources · 6

primary sources listed

6 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Numeral do?
AI-native managed sales-tax, VAT and GST compliance platform for ecommerce and SaaS businesses.
Who founded Numeral?
Numeral was founded by Matt DuVall, Sam Ross in 2022.
Who are Numeral's investors?
Numeral's investors include FundersClub, Mayfield Fund, Uncork Capital, W ventures, Y Combinator, Benchmark.
How much funding has Numeral raised?
Numeral has disclosed $53.1M raised across 2 of its 5 known rounds.
Where is Numeral headquartered?
Numeral is headquartered in San Francisco, US.