Numeral Secures $100M for AI Tax Compliance

Numeral raised $100 million in Series C funding led by Insight Partners, bringing its total funding to $157 million. The San Francisco company uses AI to help businesses manage sales tax, VAT and GST compliance across more than 90 countries. It now serves over 3,500 businesses and competes with Avalara, Vertex, Anrok and Zamp.

The company says customers can cut filing time by up to 80% and reduce errors by up to 95%. Numeral expects its tax engine to process more than 80 million transactions annually, with transaction volume growing 327% year over year. The platform integrates with more than 40 billing and financial systems.

In education, every public school district in Ohio now has an AI policy under state law, though actual classroom use remains limited. Sullivan County Schools received a SCORE A-I Innovation Fund Grant to use AI through a tool called Project WayPoint, helping counselors build individualized career plans for students using labor data and course catalogs.

Brazilian AI startup Nuvia raised $1.8 million to expand its sales agents across Latin America. During Easter, Chocolat Du Jour used Nuvia to handle about 25,000 customer interactions in under eight days, with AI agents managing 91% of conversations. About 90% of Nuvia's clients are in Brazil, with others in Mexico, Colombia and Iberia.

Okta CEO Todd McKinnon called for industry collaboration on agentic AI security at the Oktane conference. Okta launched the Blueprint Alliance with CrowdStrike, Google Cloud, AWS, Salesforce, Wiz, ServiceNow and Proofpoint to create open standards for AI agent safety. Okta also extended its Cross App Access protocol into Agent SSO for AI agents.

On the investment front, Alex Guiliano of Resonate Wealth Partners says investors should focus on AI adoption and monetization rather than just infrastructure. He notes companies must prove the economics of their AI models. Meanwhile, Snyk's Evo platform now handles 60% of new deal volume and drives a 30% increase in average contract value, with 81.5% month-over-month customer growth since March 2026.

Employees at Anthropic, OpenAI and Google DeepMind are donating to political campaigns to support AI regulation, countering a more than $100 million industry effort against it. In New Jersey, the AFL-CIO and lawmakers announced support for the FAIR Act, which would set rules for AI used in workplaces, covering monitoring, hiring decisions and benefits management.

Devolutions launched Devolutions Ventures to invest in IT and AI companies, with individual investments ranging from $500,000 to $3 million. The firm already completed six investments including Mizo, Obkio and UniGetUI since 2025.

Key Takeaways

  • Numeral raised $100M in Series C funding led by Insight Partners, bringing total funding to $157 million for its AI tax compliance platform serving 3,500+ businesses across 90+ countries.
  • Numeral claims customers can cut filing time by up to 80% and reduce errors by up to 95%, with transaction volume growing 327% year over year.
  • Every Ohio public school district now has an AI policy, though classroom use remains limited; Sullivan County uses AI tool Project WayPoint to help students plan careers.
  • Brazilian AI startup Nuvia raised $1.8M to expand sales agents across Latin America, with one client handling 25,000 AI-managed interactions in under eight days.
  • Okta launched the Blueprint Alliance with CrowdStrike, Google Cloud, AWS, Salesforce, Wiz, ServiceNow and Proofpoint to create open standards for agentic AI security.
  • Snyk's Evo platform accounts for 60% of new deal volume with 81.5% month-over-month customer growth, processing 2.4 million agent supply-chain scans monthly.
  • Employees at Anthropic, OpenAI and Google DeepMind are donating to political campaigns to counter a $100M+ industry push against AI regulation.
  • New Jersey's FAIR Act, backed by the AFL-CIO, would set rules for AI in workplaces covering monitoring, hiring and benefits decisions.
  • Devolutions Ventures invests $500K-$3M per company in IT and AI tools, completing six investments including Mizo, Obkio and UniGetUI since 2025.
  • Investor Alex Guiliano advises focusing on AI adoption and monetization rather than just infrastructure spending.

Numeral raises $100M to expand AI tax compliance platform

Numeral raised $100 million in Series C funding led by Insight Partners. The San Francisco company will use the money to grow its AI-powered tax compliance platform for software, manufacturing, distribution and wholesale businesses. Total funding now reaches $157 million. The platform handles sales tax, VAT and GST compliance across more than 90 countries.

Numeral raises $100M for AI sales tax tool

Numeral raised $100 million in Series C funding led by Insight Partners. The AI platform now serves more than 3,500 businesses and handles sales tax, VAT and GST compliance. Numeral competes with Avalara, Vertex, Anrok and Zamp. The company says customers can cut filing time by up to 80% and reduce errors by up to 95%.

Numeral raises $100M to scale AI tax compliance

Numeral raised $100 million in Series C funding led by Insight Partners. The company expects its tax engine to process more than 80 million transactions annually. Transaction volume grew 327% year over year. The platform covers nexus monitoring, registrations, calculations, filings and exemption certificate management. It integrates with more than 40 billing and financial systems.

AI use in Ohio schools grows but stays limited

Every public school district in Ohio had to create an artificial intelligence policy by this fall under state law. Some districts are teaching students how to use AI in their schoolwork. The push comes as AI tools become more common in education. However, actual classroom use of AI remains limited in many schools.

Sullivan County uses AI to guide student career plans

Sullivan County Schools is using AI to help counselors create individualized High School and Beyond plans for students. The district received a SCORE A-I Innovation Fund Grant for the project. The AI advising website called Project WayPoint uses labor data, course catalogs and work-based learning opportunities. The goal is to help students find the best career opportunities in the region.

Nuvia secures $1.8M to grow AI sales agents in Latin America

Brazilian AI startup Nuvia raised $1.8M to expand its platform across Latin America. About 90% of its clients are in Brazil, with others in Mexico, Colombia and Iberia. During Easter, Chocolat Du Jour used Nuvia to handle about 25,000 customer interactions in under eight days, with AI agents managing 91% of conversations.

Devolutions launches venture arm to invest in IT and AI tech

Devolutions created Devolutions Ventures to invest in companies serving IT teams and managed service providers. The focus includes secure access, network performance, automation and AI technologies. Individual investments have ranged from $500,000 to $3 million per company. Devolutions already completed six investments including Mizo, Obkio and UniGetUI since 2025.

Okta calls for collaboration on agentic AI security standards

Okta CEO Todd McKinnon said no single company can secure AI agents alone during a keynote at the Oktane conference. Okta launched the Blueprint Alliance with founding members including CrowdStrike, Google Cloud, AWS, Salesforce, Wiz, ServiceNow and Proofpoint. The alliance aims to create open standards to answer where agents are, what they can do and how to respond. Okta also extended its Cross App Access protocol into Agent SSO for AI agents.

Investors should focus on AI adoption not just infrastructure: CIO

Alex Guiliano of Resonate Wealth Partners says investors need to shift focus from AI infrastructure to AI adoption and monetization. He says companies must prove the economics of the model and show how monetization can lift earnings. Guiliano also noted that banks can focus on profitability without removing the human element that provides value to customers.

Snyk's Evo handles 60% of new deals as AI security risks grow

Snyk's Evo software now accounts for 60% of the company's new deal volume and drives a 30% increase in average contract value. Evo has sustained an 81.5% month-over-month customer growth rate since becoming generally available in March 2026. Snyk processes 2.4 million agent supply-chain scans monthly and 4.2 million agent behavior checks daily across over 417,000 onboarded machines. Snyk found that newly introduced security issues rose 108% between Q4 2024 and Q1 2026.

AI workers donate millions to support regulation and safety

Employees at companies like Anthropic, OpenAI, and Google DeepMind are donating large sums of money to political campaigns. They want to counter a more than $100 million industry effort against AI regulation. The movement focuses on supporting candidates who back AI safety rules. This donor group is growing fast and is seen as a major force in elections. They were motivated by a recent race where an AI safety supporter lost despite their efforts.

New Jersey union backs FAIR Act to regulate AI in workplaces

New Jersey lawmakers and the AFL-CIO announced support for the FAIR Act. The bill would set new rules for how AI is used in workplaces and public services. It covers AI tools that monitor workers, make hiring decisions, or manage benefits. The goal is to protect workers' rights, privacy, and safety. State Senator Andrew Zwicker is the main sponsor of the bill.

Sources

NOTE:

This news brief was generated using AI technology (including, but not limited to, Google Gemini API, Llama, Grok, and Mistral) from aggregated news articles, with minimal to no human editing/review. It is provided for informational purposes only and may contain inaccuracies or biases. This is not financial, investment, or professional advice. If you have any questions or concerns, please verify all information with the linked original articles in the Sources section below.

AI Tax Compliance Funding AI Education AI Customer Service AI Security AI Regulation AI Investment AI Workplace AI Infrastructure AI Adoption AI Monetization AI Platform AI Tool AI Agent AI Regulation Pushback AI Regulation Support AI Policy AI Growth AI Scanning

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