Numerated - About the company
Numerated is an acquired company based in Boston (United States), founded in 2017 by John Magee, Laurence Stock, Max Blumenthal and Dan Malley. It operates as a Streamlining commercial lending with data-driven insights and AI-powered automation. Numerated has raised $32M in funding from investors like Venrock, FIS and Cultivation Capital. The company has 743 active competitors, including 94 funded and 53 that have exited. Its top competitors include companies like FinBox, Setpoint and OPLinnovate.
Company Details
Streamlining commercial lending with data-driven insights and AI-powered automation. This company offers a comprehensive lending suite designed to modernize the entire commercial loan origination lifecycle. The solution addresses challenges like outdated systems and manual processes, providing a one-stop solution for digital lending automation. It leverages world-class data and analysis to streamline loan origination, optimize lending portfolios, and enhance client experience. Key features include digital borrower applications, automated financial spreading, powerful scoring capabilities, and efficient credit memo creation using GenAI. The platform automates workflows across borrower engagement, spreading and scoring, underwriting and decisioning, and loan operations. It utilizes technologies like generative artificial intelligence (GenAI), machine learning, cloud computing, and APIs to deliver maximum value, efficiencies, agility, modularity, and automation. This is a SaaS solution for financial institutions, offering data-driven insights, risk management, and growth opportunities in the lending sector.
- Website
- numerated.com
- Email ID
- *****@numerated.com
- Registered Address
- Boston, Massachusetts
Key Metrics
Founded Year
2017
Location
Boston, United States
Stage
Acquired
Total Funding
$32M in 3 rounds
Latest Funding Round
Ranked
32nd among 743 active competitors
Employee Count
26 as on May 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Moody's (Nov 25, 2024)
Legal entities associated with Numerated
Numerated is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NUMERATED GROWTH TECHNOLOGIES IN CIN: 820764149 , United States, Active | Dec 31, 1999 | - | 64 (As on Dec 31, 2024) | - |
Numerated's acquisition details
Numerated got acquired by Moody's on Nov 25, 2024.
Click here to take a look at Numerated's acquisition in detail
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Numerated's funding and investors
Numerated has raised a total funding of $32M over 3 rounds. Its first funding round was on May 01, 2017. Its latest funding round was a Series B round on Sep 12, 2019 for $*****. 4 investors participated in its latest round. Numerated has 7 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Numerated:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 12, 2019 | 2170088 | Series B | 3283222 | 1163837 | 5217509 | 2289403 |
Nov 28, 2018 | 8489152 | Series A | 4201632 | 7597986 | 3810960 | |
May 01, 2017 | 1082240 | Series A | 8647852 | 3256526 |
View details of Numerated's funding rounds and investors
Numerated's founders and board of directors
Founder? Claim ProfileHere are the details of Numerated's key team members:
- John Magee: Chief Data Scientist/Co-Founder of Numerated and founder of 1 other company.
- Laurence Stock: Co-Founder of Numerated.
- Max Blumenthal: Co-Founder & CEO of Fincura (acq.) of Numerated.
- Dan Malley: Former Co-Founder of Numerated.
View details of Numerated's Founder profiles and Board Members
Numerated's employee count trend
Numerated has 26 employees as of May 26. Here is Numerated's employee count trend over the years:
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Numerated's Competitors and alternates
Top competitors of Numerated include FinBox, Setpoint and OPLinnovate. Here is the list of Top 10 competitors of Numerated, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of infrastructure, risk intelligence, and orchestration solutions for digital lending | $51.1M | 69/100 | ||
2nd | Setpoint 2021, Austin (United States), Series B | Provider of software for managing debt facilities and securitized products | $94.8M | 67/100 | |
3rd | OPLinnovate 2015, Ahmedabad (India), Series B | White label solutions for financial institutions | $14.2M | 67/100 | |
4th | nCino 2011, Wilmington (United States), Public | Provider of a platform for digitizing and reengineering financial service processes | $222M | 67/100 | |
5th | Peach Finance 2018, Oakland (United States), Acquired | Software for loan life cycle management | $35.8M | 65/100 | |
6th | Provider of AI-driven platform for financial analysis, verification, and decisioning | $435M | 64/100 | ||
7th | Provider of software, data, analytics, and related services for financial institutions | - | 63/100 | ||
8th | Finley 2021, San Francisco (United States), Acquired | Software-based credit cycle management solutions for businesses | $20.1M | 63/100 | |
9th | Fuse 2011, New York City (United States), Series A | Loan origination solutions for banks and lenders | $30.9M | 62/100 | |
10th | MeridianLink 1998, Costa Mesa (United States), Acquired | Loan life cycle management systems for lenders and financial institutions | - | 62/100 | |
32nd | Numerated 2017, Boston (United States), Acquired | Streamlining commercial lending with data-driven insights and AI-powered automation | $32M | 52/100 |
Looking for more details on Numerated's competitors? Click here to see the top ones
Numerated's Investments and acquisitions
Numerated has acquired Fincura. Numerated has not made any investments as of now.Reports related to Numerated
Here is the latest report on Numerated's sector:
News related to Numerated
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Moody's acquires loan origination platform Numerated GrowthSeeking Alpha•Nov 21, 2024•Moody's, Numerated
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Moody's Acquires Numerated Growth Technologies, ExpandingThe Joplin Globe•Nov 21, 2024•Moody's, Numerated
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Numerated and GoDocs Collaborate to Accelerate the Commercial Lending ProcessGlobal Fintech Series•Nov 20, 2024•Numerated, GoDocs
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Numerated and GoDocs Collaborate to Accelerate the Commercial Lending ProcessBusiness Wire•Nov 20, 2024•GoDocs, Numerated
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Numerated Partners with Alloy to Supercharge Fraud Prevention in Commercial LendingBusiness Wire•Oct 01, 2024•Numerated, Alloy
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Numerated Partners with Validis to Expand Footprint in Lending and Financial AnalysisFintech Finance•Aug 06, 2024•Numerated, Validis
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Numerated Partners With Validis To Expand Footprint In Lending And Financial AnalysisBusiness Wire•Jul 31, 2024•Numerated, Validis
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