Close Menu
TechTost
  • AI
  • Apps
  • Crypto
  • Fintech
  • Hardware
  • Media & Entertainment
  • Security
  • Startups
  • Transportation
  • Venture
  • Recommended Essentials
What's Hot

The rise of “micro” apps: non-developers write apps instead of buying them

Musk wants up to $134 billion in OpenAI lawsuit, despite $700 billion fortune

Bluesky launches cashtags and LIVE badges amid push in app installs

Facebook X (Twitter) Instagram
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
Facebook X (Twitter) Instagram
TechTost
Subscribe Now
  • AI

    Musk wants up to $134 billion in OpenAI lawsuit, despite $700 billion fortune

    17 January 2026

    From OpenAI offices to Eli Lilly deal – how Chai Discovery became one of the most impressive names in AI drug development

    16 January 2026

    Anthropic taps former Microsoft India Director to lead Bengaluru expansion

    16 January 2026

    Taiwan to invest $250 billion in US semiconductor manufacturing

    15 January 2026

    Mira Murati’s startup Thinking Machines Lab is losing two of its co-founders to OpenAI

    15 January 2026
  • Apps

    Bluesky launches cashtags and LIVE badges amid push in app installs

    17 January 2026

    TikTok is quietly launching a micro-drama app called ‘PineDrama’

    16 January 2026

    Google’s Trends Explore page gets new Gemini features

    16 January 2026

    After Italy, WhatsApp exempts Brazil from rival chatbot ban

    15 January 2026

    App downloads decline again in 2025, but consumer spending jumps to nearly $156 billion

    15 January 2026
  • Crypto

    Hackers stole over $2.7 billion in crypto in 2025, data shows

    23 December 2025

    New report examines how David Sachs may benefit from Trump administration role

    1 December 2025

    Why Benchmark Made a Rare Crypto Bet on Trading App Fomo, with $17M Series A

    6 November 2025

    Solana co-founder Anatoly Yakovenko is a big fan of agentic coding

    30 October 2025

    MoviePass opens Mogul fantasy league game to the public

    29 October 2025
  • Fintech

    Fintech firm Betterment confirms data breach after hackers sent fake crypto scam alert to users

    12 January 2026

    Flutterwave buys Nigeria’s Mono in rare African fintech exit

    5 January 2026

    Even as global crop prices fall, India’s Arya.ag attracts investors – and remains profitable

    2 January 2026

    These 21-year-old school dropouts raise $2 million to launch Givefront, a fintech for nonprofits

    18 December 2025

    Google deepens consumer loyalty drive in India with UPI-linked card

    17 December 2025
  • Hardware

    US slaps 25% tariffs on Nvidia’s H200 AI chips headed to China

    15 January 2026

    The weirdest tech announced at CES 2026

    15 January 2026

    Google’s Gemini will power Apple’s AI features like Siri

    14 January 2026

    Pebble founder says his new company ‘isn’t a startup’

    14 January 2026

    The ring founder details the era of the camera company’s “smart assistants.”

    13 January 2026
  • Media & Entertainment

    YouTube relaxes monetization guidelines for some controversial topics

    16 January 2026

    Bandcamp takes a stand against AI music, banning it from the platform

    15 January 2026

    Paramount filed a lawsuit against Warner Bros. amid the controversial Netflix merger

    13 January 2026

    Netflix had a huge night at the 2026 Golden Globes with 7 wins

    12 January 2026

    Spotify lowers monetization limit for video podcasts

    8 January 2026
  • Security

    Supreme Court Hacker Posts Stolen Government Data on Instagram

    17 January 2026

    Iran’s internet shutdown is now one of the longest as protests continue

    16 January 2026

    AI security company depthfirst announces $40M Series A

    14 January 2026

    Man pleads guilty to hacking US Supreme Court filing system

    14 January 2026

    Internet crashes in Iran amid protests over financial crisis

    9 January 2026
  • Startups

    The rise of “micro” apps: non-developers write apps instead of buying them

    17 January 2026

    Cloud AI startup Runpod hits $120M in ARR — and it started with a Reddit post

    16 January 2026

    Parloa triples valuation in 8 months to $3 billion with $350 million raise

    16 January 2026

    AI video startup Higgsfield, founded by ex-Snap exec, valued at $1.3 billion

    15 January 2026

    India’s Emversity Doubles Valuation as It Scales Workers AI Can’t Replace

    15 January 2026
  • Transportation

    Chinese electric vehicles are closing in on the US as Canada slashes tariffs

    16 January 2026

    Tesla will only offer subscriptions for full self-driving (Supervision) in the future.

    15 January 2026

    The FTC’s data-sharing order against GM was finally settled

    15 January 2026

    The American cargo technology company has publicly exposed its shipping systems and customer data on the web

    14 January 2026

    New York’s governor paves the way for robotaxis everywhere, with one notable exception

    13 January 2026
  • Venture

    Tiger Global loses India tax case linked to Walmart-Flipkart deal in blow to offshore playbook

    15 January 2026

    The super-organization is raising $25 million to support biodiversity startups

    13 January 2026

    These Gen Zers just raised $11.75 million to put Africa’s defense back in the hands of Africans

    12 January 2026

    The venture firm that ate up Silicon Valley just raised another $15 billion

    9 January 2026

    Why This VC Thinks 2026 Will Be ‘The Year of the Consumer’

    8 January 2026
  • Recommended Essentials
TechTost
You are at:Home»Startups»a16z Leads $21M Series A in AI Tax Compliance Software Sphere
Startups

a16z Leads $21M Series A in AI Tax Compliance Software Sphere

techtost.comBy techtost.com18 November 202505 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
A16z Leads $21m Series A In Ai Tax Compliance Software
Share
Facebook Twitter LinkedIn Pinterest Email

As Nicholas Rudder built his latest startup, an education marketplace called ScholarSite, he kept running into the same problem: taxes.

“Markets are taxed on their entire GMV (gross merchandise value) not just their take-in percentage, so each new country meant a maze of registrations, applications, deadlines and risks,” Rudder told TechCrunch. “It became a constant distraction. Instead of building the business, I spent time deciphering international compliance rules that I never wanted to be an expert on.”

As he and co-founder Adrian Sarstedt tried to shut down ScholarSite (which they later renamed Sphere), Rudder decided to keep the name but transform the product into something new.

“The world was going global, but the compliance infrastructure hadn’t kept up,” Rudder said.

In 2023, Rudder himself launch the Sphere as a tax software vendor that helps companies stay in compliance as they escalate across borders. The company targets Series B to IPO companies with a global customer base, Rudder said.

“We help companies collect tax on customer transactions,” he continued, explaining that companies must collect tax on purchases and remit it at the beginning of each month or quarter.

Sphere helps “automate the registration, calculation, filing and remittance obligations for companies,” he said. Sphere spent two years in stealth before officially launching, and customers now include vibe coding platforms Lovable and Replit, as well as voice AI company ElevenLabs.

Techcrunch event

San Francisco
|
13-15 October 2026

As an edtech marketplace, it developed a $4.3 million seed. On Tuesday, as a tax platform, Sphere announced a $21 million Series A led by a16z.

Rudder says the product takes less than 24 hours to install. It has integrations with major billing platforms such as Stripe and Campfire, allowing Sphere to pull in a company’s transaction data and assess global tax exposure, he said. Calculating the taxability of a transaction is where the engine of Sphere’s AI tax audit and assessment model comes in, he said — or, in other words, TRAM.

“TRAM absorbs and codifies the rules in each jurisdiction and creates a set of tax determinations” — such as whether something is taxable or not — “along with the rationale and supporting reports for that determination,” explained Rudder, the company’s CEO.

Sphere’s human team reviews and approves TRAM outputs and approves them so they can be forwarded to a tax engine that applies taxes to transactions in real time.

“This part of the system has no artificial intelligence, so there is zero chance of hallucinations.”

Sphere also tracks how much tax a company owes in which jurisdiction and is integrated directly with over 100 tax authorities in the world, so companies can register in various tax jurisdictions directly through Sphere.

“Once they submit a registration, we send that information to the tax authorities and let the company know when their registration is being processed and when they can start collecting taxes in that area,” Rudder said.

Finally, Sphere helps with depositing and sending remittances. It automatically generates tax returns and filings, Rudder said, charges the tax returns to its clients’ bank accounts and pays the tax authorities. It’s the product he wanted when he was building his first company.

Others in this market include the legacy Anrok and Avalara.

Although Stripe also has a global tax calculation and collection service, Rudder does not consider Stripe a competitor but a partner.

“Sphere is one of only three tax vendors worldwide with native integration into Stripe’s Billing and Checkout products,” he said, adding that the company also has use cases that Stripe doesn’t have, such as being able to fulfill the end-to-end compliance lifecycle.

Rudder described his funding process as “accidental”. He said he was looking to raise at the time, but knew he had to move quickly to execute on his ambitions.

“When we met a16z and heard what they had done for similar companies in the compliance and fintech space, we knew they were the right partner,” said Rudder.

Marc Andrusko, a partner at a16z, said the VC firm first met Rudder when he was working at ScholarSite. “While we didn’t end up with a term sheet for this business, it was clear that Nick had the horsepower, grit and drive to be a great founder,” Andrusko told TechCrunch.

A few years later, Andrusko said the team started hearing whispers about how promising a new company called Sphere was becoming. “It took five minutes to figure out it was Nick’s new business post-pivot and we immediately reached out to get the update.”

One aspect of the business that impressed Andrusko was how embedded Sphere was in local geographies.

“While both legacy players and many of the newer venture-backed startup competitors often hand off clients to third-party consulting firms to manage specific geographies, Sphere has taken the time to build integrations with local railroads and AI automations that allow it to streamline the entire sales tax compliance process entirely, Andrusko said.

YC and Felicis Ventures also participated in the round. The new capital will be used to build more infrastructure to connect with more local tax authorities. expand its AI and engineering team and build an international sales team.

“I want this product to be the essential tool that financing teams look to when they want to expand into a new market,” said Rudder. “Not just for indirect tax, but for any form of transactional compliance they may not even realize they’re exposed.”

This piece has been updated to clarify that Sarstedt is no longer with the company.

21M a16z compliance leads series software Sphere tax
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleMonarch Tractor sued over tractors that ‘couldn’t operate autonomously’
Next Article TikTok will now give you badges to limit your scrolling
bhanuprakash.cg
techtost.com
  • Website

Related Posts

The rise of “micro” apps: non-developers write apps instead of buying them

17 January 2026

Cloud AI startup Runpod hits $120M in ARR — and it started with a Reddit post

16 January 2026

Parloa triples valuation in 8 months to $3 billion with $350 million raise

16 January 2026
Add A Comment

Leave A Reply Cancel Reply

Don't Miss

The rise of “micro” apps: non-developers write apps instead of buying them

17 January 2026

Musk wants up to $134 billion in OpenAI lawsuit, despite $700 billion fortune

17 January 2026

Bluesky launches cashtags and LIVE badges amid push in app installs

17 January 2026
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Fintech

Fintech firm Betterment confirms data breach after hackers sent fake crypto scam alert to users

12 January 2026

Flutterwave buys Nigeria’s Mono in rare African fintech exit

5 January 2026

Even as global crop prices fall, India’s Arya.ag attracts investors – and remains profitable

2 January 2026
Startups

The rise of “micro” apps: non-developers write apps instead of buying them

Cloud AI startup Runpod hits $120M in ARR — and it started with a Reddit post

Parloa triples valuation in 8 months to $3 billion with $350 million raise

© 2026 TechTost. All Rights Reserved
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer

Type above and press Enter to search. Press Esc to cancel.