Benchmark Capital led a $18m in Series A round in Numeral.

Benchmark Capital, a private equity firm, led a $18m in Series A round in Numeral, a company that handles the intricacies of sales tax compliance for both ecommerce and SaaS companies, with participation from Uncork Capital, Y Combinator and FundersClub. “A company doing $5M in sales typically owes sales tax in more than 30 states, which means they need to comply with the tax rules of nearly 10,000 jurisdictions. By streamlining and automating the sales tax process and handling everything from registration to remittance, Numeral takes a major task off the plate of accounting teams, giving them their time and resources back and increasing productivity throughout the business,” Sam Ross, Numeral Co-Founder.