News
Numeral triples customer count in Q1, raises Series A from Benchmark, opens SF HQ
Apr 15, 2025
Key Points
- Numeral tripled its customer count in Q1 and raised a Series A led by Benchmark, signaling strong enterprise traction for its sales tax automation platform.
- The company hired 22 employees in Q1 and opened a new San Francisco headquarters as it scales operations.
- Numeral's sales team is meeting quota, validating demand for its core pitch: automating sales tax compliance to under five minutes per month.
Summary
Numeral, a sales tax automation platform, tripled its customer count in Q1 compared to the year-ago quarter, raised a Series A led by Benchmark, and opened a headquarters in San Francisco. The company also hired 22 new employees during the quarter.
Numeral's product cuts sales tax compliance work to under five minutes per month by automating the task. The sales team is meeting quota, indicating traction with enterprise buyers.
The Series A amount and valuation were not disclosed.