Decimal - About the company
Decimal is a seed company based in Indianapolis (United States), founded in 2006 by Matt Tait. It operates as a Provider of accounting, tax, bill pay, and expense management services. Decimal has raised $18.1M in funding from Arthur Ventures. The company has 1200 active competitors, including 45 funded and 26 that have exited. Its top competitors include companies like Pilot, Osome and Paylocity.
Company Details
Provider of accounting, tax, bill pay, and expense management services. The company offers bookkeeping, payroll support, financial reporting, invoicing, and advisory services. The company provides accounting solutions, leveraging technology to streamline processes. The company’s team maintains the accuracy of financials.
- Website
- www.decimal.com/
- Registered Address
- 155 Grande Allée est #732, québec
Key Metrics
Founded Year
2006
Location
Indianapolis, United States
Stage
Seed
Total Funding
$18.1M in 7 rounds
Latest Funding Round
Investors
Ranked
25th among 1200 active competitors
Employee Count
50 as on Jan 05, 2026
Investment & Acquisitions
Legal entities associated with Decimal
Decimal is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Decimal LLC CIN: 59-2958395 , United States, Active | Dec 31, 2019 | - | 34 (As on Dec 31, 2021) | - |
DECIMAL TECHNOLOGIES INC. CIN: 332629-2 , Canada, Active | Dec 11, 1996 | - | - | - |
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Decimal's funding and investors
Decimal has raised a total funding of $18.1M over 7 rounds. Its latest funding round was a Seed round on Jun 08, 2022 for $*****. 2 investors participated in its latest round. Decimal has 8 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Decimal:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 08, 2022 | 7270766 | Seed | 1803311 | 1265760 | 5999483 | 2455239 |
Mar 10, 2017 | 7815962 | Seed | 9365345 | 1843601 | 5525713 | |
Sep 13, 2016 | 5153274 | Grant (prize money) | 3235729 | 6605244 | 2645337 |
View details of Decimal's funding rounds and investors
Decimal's founders and board of directors
Founder? Claim ProfileHere are the details of Decimal's key team members:
- Matt Tait: Co-Founder & CEO of Decimal.
- Nic Pollock: CEO of Decimal.
View details of Decimal's Founder profiles and Board Members
Decimal's employee count trend
Decimal has 50 employees as of Jan 26. Here is Decimal's employee count trend over the years:
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Decimal's Competitors and alternates
Top competitors of Decimal include Pilot, Osome and Paylocity. Here is the list of Top 10 competitors of Decimal, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Pilot 2017, San Francisco (United States), Series C | Bookkeeping solutions for businesses | $222M | 69/100 | |
2nd | Provider of company incorporation, accounting, and corporate secretarial services | $75M | 68/100 | ||
3rd | Paylocity 1997, Arlington Heights (United States), Public | Provider of human resources, payroll, finance, and information technology solutions | $37.3M | 67/100 | |
4th | Basis 2023, New York City (United States), Series B | AI agents for automating accounting workflows and engagements | $138M | 62/100 | |
5th | Provider of online bookkeeping, tax preparation, and financial management solutions | $115M | 58/100 | ||
6th | Iris Software 1979, Datchet (United Kingdom), Acquired | Provider of software and services for accountancy, HR, payroll, and education | - | 58/100 | |
7th | Platform offering business incorporation solution | $41M | 58/100 | ||
8th | Finaloop 2018, Tustin (United States), Series A | Online tax and bookkeeping services for businesses | $55M | 58/100 | |
9th | Ceterus 2008, Charleston (United States), Series B | Tech-enabled bookkeeping and reporting services for businesses | $40.4M | 56/100 | |
10th | Consero Global 2006, Austin (United States), Series B | Finance as a Service provider offering cloud-based solutions and expert advisory | $55M | 51/100 | |
25th | Decimal 2006, Indianapolis (United States), Seed | Provider of accounting, tax, bill pay, and expense management services | $18.1M | 43/100 |
Looking for more details on Decimal's competitors? Click here to see the top ones
Decimal's Investments and acquisitions
Decimal has acquired KPMG. Decimal has not made any investments as of now.Reports related to Decimal
Here is the latest report on Decimal's sector:
News related to Decimal
•
Indianapolis accounting firm Decimal makes acquisitionInside INdiana Business•Jun 14, 2024•Decimal, Facta
•
Decimal continues rapid growth with the acquisition of bookkeeping services from Facta Inc.PR Newswire•Jun 13, 2024•Decimal, Facta
•
Fyle and Decimal team up to bring real-time expense management and simplified financial operations for SMBsFintech Finance•Jul 19, 2023•Fyle, Decimal
•
Decimal, a Leading Accounting Fintech Company, Acquires SaaS Bookkeeping Assets of KPMG SparkPRWeb•Nov 30, 2022•Decimal, KPMG, KPMG, Decimal Technologies and 1 other
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