- Numeric is an AI-powered accounting automation platform based in San Francisco, focused on modernizing finance workflows for enterprise teams by automating processes like month-end close and reconciliations.
- In November 2025, Numeric raised $51 million in a Series B funding round led by IVP, bringing its total funding to $89 million, and launched a new cash management product aimed at improving transaction reconciliation efficiency.
- Key clients include Public.com, Brex, and Clipboard Health, who have begun utilizing Numeric's new cash management product to enhance their financial operations.
- Numeric's ideal buyers are finance teams in growing enterprises facing challenges with manual reconciliation processes, as their solution boasts over a 90% auto-match rate for cash transactions, significantly reducing the manual effort required.
The company has a well-structured departmental mix with a total of eight departments. The Sales department is the largest, comprising nine employees, followed closely by the Executive and Operations departments, each with five employees. Engineering, Marketing, Information Technology, Community and Social Services, and Other departments collectively support the organization's diverse functional needs, indicating a balanced approach to operations and strategic growth.
The workforce is distributed across five locations, with the highest concentration in San Francisco, CA, housing three employees. New York, NY follows with two employees, while Atlanta, GA, Los Angeles, CA, and Brooklyn, NY each contribute one employee. The presence of 23 employees categorized under 'Other' suggests a significant remote or distributed workforce, reflecting a flexible operational model that accommodates various geographic preferences.
