Numeric, an AI-powered accounting automation company, has secured $10 million in seed funding from investors, including Founders Fund, Menlo Ventures, and 8VC. The platform is already utilized by hundreds of private and public companies like Brex, Plaid, and Wealthfront, to streamline accounting processes, flag data discrepancies, and automate month-end close tasks, allowing corporate accountants to focus more on the strategic and analytical aspects of their work while the AI handles repetitive tasks. With this investment, Numeric aims to further develop its product and expand its team.
Numeric Raises $10 Million to Transform Accounting with AI