- Founded
- 2021
- Headquarters
- San Francisco, CA
- Employees
- 11-50
- Latest Round
- Series A
- Est. Valuation
- ~$100M
Investment Thesis
Sphere automates global sales tax, VAT, and GST registration, calculation, filing, and remittance. Integrates with over 100 tax authorities worldwide for end-to-end automation.
Customers include Runway AI, Sierra AI, Codeium, Lovable, ElevenLabs, Replit, and Deel. Average monthly revenue growth over 30%. Raised $21M Series A led by a16z.
Software companies go global from day one but face a nightmare: tax compliance across 100+ jurisdictions requires manual teams and legacy tools built for offline commerce.
TRAM, an AI-native tax engine, ingests and monitors global tax law automatically, classifying products across thousands of categories in days instead of the months legacy providers need.
Global-first GTM is the new default, tax complexity is accelerating with VAT, GST, and e-invoicing mandates, and foundation models finally enable compliance-grade legal automation.
Customers include ElevenLabs, Replit, Lovable, Windsurf, Deel, and HeyGen; 30%+ month-over-month revenue growth; migrating customers off legacy tax systems twice per week.
Nicholas Rudder (CEO, ex-PwC/Macquarie, repeat YC founder) leads a team of 30+ engineers and tax experts recruited from Deel, Capbase, and Rippling.