Numeric - About the company
Numeric is a series B company based in San Francisco (United States), founded in 2020 by Anthony Alvernaz and Andrew Bihl. It operates as a Developer of automated software for financial accounting and close management. Numeric has raised $89M in funding from IVP and Menlo Ventures. The company has 1492 active competitors, including 185 funded and 62 that have exited. Its top competitors include companies like Box, Moveworks and UnifyApps.
Company Details
Developer of automated software for financial accounting and close management. The platform provides tools for bank reconciliation, variance analysis, and transaction monitoring by integrating directly with enterprise resource planning systems. It automates manual accounting workflows, including journal entry drafting, task tracking, and financial reporting. The system centralizes financial data to facilitate audit preparation and improve the accuracy of month-end, quarter-end, and year-end closing processes. It serves organizations seeking to streamline accounting operations through real-time data access and automated task management.
- Website
- www.numeric.io/
- Email ID
- *****@numeric.io
Key Metrics
Founded Year
2020
Location
San Francisco, United States
Stage
Series B
Total Funding
$89M in 4 rounds
Latest Funding Round
Ranked
12th among 1492 active competitors
Employee Count
113 as on Jul 31, 2026
Legal entities associated with Numeric
Numeric is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Velocity Labs Inc CIN: 85-4351333001 , United States, Active | Dec 31, 2019 | - | - | - |
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Numeric's funding and investors
Numeric has raised a total funding of $89M over 4 rounds. Its first funding round was on 2021. Its latest funding round was a Series B round on Nov 19, 2025 for $*****. 12 investors participated in its latest round. Numeric has 13 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Numeric:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 19, 2025 | 7947981 | Series B | 3093833 | 1121315 | 5981511 | 1173696 |
Oct 10, 2024 | 9672351 | Series A | 6364032 | 6418439 | 1713493 | |
May 07, 2024 | 9098262 | Seed | 6601416 | 6770808 | 6610419 |
View details of Numeric's funding rounds and investors
Numeric's founders and board of directors
Founder? Claim ProfileThe founders of Numeric are Anthony Alvernaz and Andrew Bihl.
Here are the details of Numeric's key team members:
- Anthony Alvernaz: Co-Founder & CPO of Numeric. Contact Info: 1 email address
- Andrew Bihl: Co-Founder & CTO of Numeric. Contact Info: 1 email address
View details of Numeric's Founder profiles and Board Members
Numeric's employee count trend
Numeric has 113 employees as of Jul 26. Here is Numeric's employee count trend over the years:
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Numeric's Competitors and alternates
Top competitors of Numeric include Box, Moveworks and UnifyApps. Here is the list of Top 10 competitors of Numeric, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Box 2005, Redwood City (United States), Public | AI based platform for secure collaboration, content management,
and workflow | $693M | 80/100 | |
2nd | Moveworks 2016, Mountain View (United States), Acquired | Developer of an AI assistant platform for enterprise workflow automation | $315M | 73/100 | |
3rd | UnifyApps 2023, New York (United States), Series B | AI-powered enterprise platform offering a unified integration layer to connect systems of record | $84.2M | 69/100 | |
4th | Blue Prism 2001, Warrington (United Kingdom), Acquired | Cloud-based platform for cognitive automation | $30.5M | 68/100 | |
5th | Zapier 2011, San Francisco (United States), Seed | Provider of a platform for automating workflows and integrating applications | $2.68M | 68/100 | |
6th | Gumloop 2023, San Francisco (United States), Series B | AI-powered platform for building and hosting LLM powered automations | $70.6M | 68/100 | |
7th | Upstage 2020, San Jose (United States), Series C | Provider of AI platform for multiple task management | $285M | 66/100 | |
8th | Kissflow 2012, Wilmington (United States), Seed | Provider of a low-code platform for building and managing enterprise applications | $1.03M | 65/100 | |
9th | Workato 2013, Mountain View (United States), Series E | AI powered automation and iPaaS solutions for enterprises | $421M | 65/100 | |
10th | Vercept 2024, Seattle (United States), Acquired | Developer of an AI-powered computer interface designed to automate tasks | $50M | 64/100 | |
12th | Numeric 2020, San Francisco (United States), Series B | Developer of automated software for financial accounting and close management | $89M | 63/100 |
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Numeric's Investments and acquisitions
Numeric has made no investments or acquisitions yet.
Reports related to Numeric
Here is the latest report on Numeric's sector:
News related to Numeric
Media has covered Numeric for a total of 3 events in the last 1 year, 1 of them has been about partnerships.
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Numeric Raises $51M Series B, Expanding From Close Management to Comprehensive Finance Platformintelligence360•Dec 24, 2025•Numeric, Menlo Ventures
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Numeric and Rooled Partner to Automate Close Processes for High-Growth FirmsPR Newswire•Dec 04, 2025•Rooled, Numeric
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Numeric Raises $51M to Automate Enterprise AccountingVentureburn•Nov 19, 2025•Numeric, Socii Capital, Avestar Capital, Access Industries and 13 others
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Numeric grabs $28M Series A to automate accounting using AIStartupNews•Oct 10, 2024•Numeric, Menlo Ventures, Socii Capital, Founders Fund and 6 others
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Numeric Raises $10 Million to Transform Accounting with AIGlobal Fintech Series•May 08, 2024•Numeric, Friends & Family Capital, Long Journey Ventures, 8VC and 3 others
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Riveron and Numeric Announce Alliance in Support of CFOs & Accounting TeamsBusiness Wire•Feb 28, 2022•Numeric, Riveron
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