Numeric

Numeric Raises $51 million in Series B

Numeric has successfully raised $51 million in a Series B at a Undisclosed led by IVP.

Company Overview

Numeric is a FinTech company headquartered in San Francisco CA, founded in 2020 with 150+ employees.

Numeric is an AI accounting automation platform that automates close management and accounting workflows for enterprise finance teams. The company has offices in San Francisco New York and London and is expanding into a comprehensive finance platform.

Fundraising Details

• Amount Raised: $51 million
• Round Type: Series B
• Valuation: Undisclosed
• Date: 2025-11-20
• Investors: IVP and Menlo Ventures and Founders Fund and Alkeon and 8VC and Socii Capital and Access Industries

About Numeric

Numeric is an AI accounting automation platform that automates close management and accounting workflows for enterprise finance teams. The company has offices in San Francisco New York and London and is expanding into a comprehensive finance platform. The company is positioned in the FinTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: San Francisco CA
• Founded: 2020
• Team Size: 150+
• Industry: FinTech

What This Means

This funding round demonstrates strong investor confidence in Numeric's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The FinTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Numeric's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching Undisclosed marks an important milestone for Numeric, positioning the company among notable players in the FinTech industry.

Looking Ahead

With this new capital, Numeric is well-positioned to execute on its growth strategy and continue building innovative solutions in the FinTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-11-20. For more information about Numeric, visit their headquarters at San Francisco CA.