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Numeral

Can an AI-native compliance layer own indirect tax for every company that sells across borders?

Founded2022
HQSan Francisco Bay Area, CA, USA
FoundersSam Ross, Matt DuVall
Total raised$157M+ (cumulative)
Latest roundSeries C, 2026
IndustryVertical SaaS / Tax Compliance
The story

Numeral was founded in 2022 as a sales-tax-on-autopilot service for US ecommerce brands, went through Y Combinator, and rode the SaaS/DTC wave that followed the Wayfair economic-nexus decision. It has since expanded from US-only sales tax into global indirect tax (VAT/GST) coverage in 90+ countries, layered agentic AI on top of the workflow (product classification, portal monitoring, natural-language reporting), and in 2026 acquired the Ruby Card team to accelerate its global and SaaS offerings. The 2026 $100M Series C signals a push upmarket into software, manufacturing and distribution alongside its ecommerce base.

Last 12 months
2026-09
2026-04
Product timeline
2022
Numeral founded by Sam Ross and Matt DuVall to automate US sales tax compliance· launch
2024
Expanded to global VAT/GST compliance across 90+ countries· expansion
2026
Acquired Ruby Card team to accelerate global and SaaS offerings· acquisition
2026
Raised $100M Series C led by Insight Partners· funding
Acquisitions
Ruby Card2026
All-in-one finance and banking platform; team joined to accelerate Numeral's global and SaaS offerings
source ↗
The stack
6 layers disclosed in Numeral’s embedded-finance stack
Payments / PSP
Stripe
Banking / BaaS
in the full report
KYC
in the full report
Accounting
in the full report
Spend / AP
in the full report
Tax
in the full report
Accounting gap: none
14 more providers across 5 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.