News Summary

• Sphere is a tax software vendor that helps companies stay in compliance as they scale across borders.
• As an edtech marketplace, it raised a $4.3 million seed.
• On Tuesday, as a tax platform, Sphere announced a $21 million Series A led by a16z.
• Sphere also monitors how much tax a company owes in what region, and is integrated directly into more than 100 tax authorities in the world, so companies can register for various tax jurisdictions directly through Sphere.
• It automatically generates tax returns and submissions, Rudder said, debits back tax returns to its customers’ bank accounts and pays tax authorities.