Numeral

Numeral is a startup that provides comprehensive sales tax management services for ecommerce businesses. The company operates in the financial technology market, specifically focusing on tax compliance. It serves a broad range of clients, particularly ecommerce entrepreneurs who need assistance with sales tax compliance.

The business model of Numeral is centered around providing a one-stop solution for all sales tax needs. They offer services such as resolving unresolved sales tax issues, monitoring sales 24/7 to determine when a business has achieved economic nexus, and automating monthly remittances. By connecting all sales channels into their platform, they provide constant nexus tracking and reporting.

Numeral's revenue is likely generated through a subscription-based model, where clients pay for the services on a regular basis. The company's team is composed of CPAs, former product managers, and ecommerce operators, which gives them a unique understanding of the challenges faced by their clients.

The company was founded by Sam Ross, who has experience operating multiple 7-figure ecommerce stores, and Kevin Liu, a licensed CPA in California. They created Numeral to simplify the complex process of sales tax compliance, which became more complicated after a 2018 Supreme Court ruling that retailers are responsible for collecting sales tax for out-of-state sales.

In addition to their core services, Numeral also provides educational resources on sales tax, including a guide on how to speak to a human about sales tax issues in every state.

Keywords: Sales Tax, Ecommerce, Compliance, Financial Technology, Nexus Tracking, Automated Remittances, Sales Monitoring, Subscription-Based Model, Tax Compliance, Educational Resources.